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26 Nov, 20

How did the accountants tackle the challenges of COVID-19?

This pandemic has changed the world in a very different way. These challenges also brought too many challenges for Accountants all around the world. As most of the employees were forced to work from home, they had to learn about various technologies for doing that. Even the conventional works got a digital taste. In this […]

26 Nov, 20

Most important accounting skills for the post-pandemic time

COVID-19 has affected our lives in such a way that we are experiencing several changes in our lifestyles. With the rise of Corona, most of the employees were forced to work from home. And several other changes also took place. CPA Australia performed research on the pre-COVID-19 situation of the accounting industry. This research was […]

26 Nov, 20

What is there for ATO audit activities in 2021?

The world has seen one of the most challenging times in 2020 due to COVID-19. To cope with such a tough situation, governments have provided many financial aids for maintaining economic stability. At the same time, we saw the Australian Taxation Office and the State Revenue Office be very active in this situation. There were […]

31 Oct, 20

ATO Takes back $120 million from Job Keeper funds and highlights new eligible areas

ATO has recovered about $120 million from the JobKeeper. It was done because a lot of businesses made severe mistakes while claiming assistance from this scheme. New guidelines have been released by the ATO for JobKeeper. We came to know about it on Tuesday when second commissioner Jeremy Hirschhorn that because of some mistakes made […]

31 Oct, 20

Tax Gap in brief and how does the ATO measures it

At the end of the year, the ATO sums up the total amount collected and compares this figure with the money that the ATO should have got if everyone had paid their taxes honestly. This is done every year and the difference between these two figures is called Tax Gap. As per some theoretical calculations, […]

31 Oct, 20

Grab a $1080 tax cut by avoiding tax fines before the 31 October deadline

As per the tax cuts introduced by Josh Frydenberg, the workers in Australia will get some money in their pockets from the beginning of this month. But there are some points to consider to get the money. Due to the cash shortage of cash or any other reason if you are fined with a late […]

31 Oct, 20

All you need to know about Family Tax Benefit

Recently, the Australian government has launched a new scheme for the tax benefit of Australian families. This scheme intends to reduce the financial burden of Australian families while raising their children. There are several such schemes that are already in effect but in this blog, we are going to talk about the Family Tax Benefit […]

24 Oct, 20

Importance of your Home Loan choice

In Australia, the spring property season is about to arrive. And this year is quite exceptional. As the effects of Corona are fading away, the federal government is introducing numerous grants and incentives to get the economy back on track. Here, we are going to discuss the importance of your home loan. The price of […]

24 Oct, 20

How to apply for your First Home Owner Grant

First Home Buyer Grant worth $10,000 is available for all those who are either buying or building a new home. And this grant’s value is about $20,000 for those who buy a new home or build a new home in regional Victoria. All those who have signed the contract of their home between 1 July […]

24 Oct, 20

All you need to know if you are a first home buyer in Australia

There are a lot of grants and incentives being provided to the first home buyers in Australia. In this blog, we are going to discuss everything that you need to know about buying your first home in Australia. Eligibility, average cost, and grants available for first home: The age of the first home buyer in […]

How did the accountants tackle the challenges of COVID-19?

Most important accounting skills for the post-pandemic time

What is there for ATO audit activities in 2021?

ATO Takes back $120 million from Job Keeper funds and highlights new eligible areas

Tax Gap in brief and how does the ATO measures it

Grab a $1080 tax cut by avoiding tax fines before the 31 October deadline

All you need to know about Family Tax Benefit

Importance of your Home Loan choice

How to apply for your First Home Owner Grant

All you need to know if you are a first home buyer in Australia

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