Capitaleyes Latest Accounting News

Beware section 99B

  Imagine this scenario: George, who lives in Melbourne and is aged 23, gets a call from his grandmother in Athens. Grandma says she is going to give him $100,000 for Christmas. George is ecstatic. With profuse thankfulness, George gives Grandma the bank details.  
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ATO reiterates tax system incentives

  ATO second commissioner Jeremy Hirschhorn has outlined the Tax Office’s commitment to ensuring a business-led recovery continues in the Australian market in the 2022 calendar year.  
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State and Federal COVID-19 support — January – 2022

The following links are to the latest state and federal government plans, schemes, programs, and initiatives to help businesses and individuals manage the impact of yet more COVID-19 restrictions.
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Unpaid client invoices placing greater pressure on SMEs

  The number of SMEs struggling due to late payments is still being felt, according to new research.  
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Increase in the number of SMSF members

  On 1 July 2021, the maximum number of allowable members within an SMSF increased from four people to six people.  
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ATO provides further clarity on DIN process

  The ATO and the SMSF Association have clarified some of the areas of confusion with respect to the director identification number process and outlined some of the ATO’s longer-term plans.  
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Single Touch Payroll (STP) – Phase 2

  Single Touch Payroll will be expanded from 1st January 2022, with additional requirements.  
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10 top global corporations since 1998

  A very interesting, graphical, summary of the monsters of our global economy.  Fascinating stuff!!  
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A 2021 Advent Calendar for our clients

Come back each day and click on the next date for another inspirational quote or poem from some of the greatest writers and poets.
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Making the festive season less taxing

As we fly into our second pandemic-impacted festive season, many employers are now, more than ever, looking to bring a little bit of cheer to their employees.
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How the best firms are supporting the mental health of their employees

With the recent pandemic, there have been more conversations and questions over the role of the employer in supporting the wellbeing of their employees.
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Business Resources – Grants, Assistance, Resources and more.

  The following are some of the links to information on a number of State and Federal initiatives that might help your business through these tough times.  
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Capitaleyes
Phone: 02 9568 5555
3/471-473 Marrickville Rd
Dulwich Hill NSW 2203
Entrance: Seaview St