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Cybersecurity

Date: December 13, 2022
Categories: Technology
Every 39 seconds, a cyber-attack is reported worldwide, totalling 2244 daily threats. Although it may seem impossible to trace and stop these cybercriminals, a permanent solution to ending these crimes is by eradicating them. In the fast-paced world of business, it has become a fact that cyber-attac ...
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ATO Updates (December 2022)

Date: December 13, 2022
Categories: Accounting
SuperannuationTax agents banned for misuse of SMSF auditor numbersThe TPB has issued a release in relation to two tax agents whose registrations were terminated for allegedly preparing and lodging SMSF annual returns and falsely claiming audits had been completed.The cases were refer ...
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Accessing Super Early

Date: December 9, 2022
Categories: Superannuation
The legislative requirements contained in the SIS Act and Regulations, provide only very limited circumstances in which superannuation benefits can be accessed before retirement.Broadly, these include where a member isSuffering severe financial hardship, money is being accessed on compassionate grou ...
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How Bookkeeping Software can help your Business?

Date: December 9, 2022
Categories: Bookkeeping
Bookkeeping software is created to record and track everyday business activities. There are many software can process tasks like Recording the Supplier bill, Payroll for Employees, Sales Invoices, GST filing, and Management reports.Who requires bookkeeping software?It is important to record the dail ...
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Fringe Benefits Tax and Christmas Parties

Date: December 9, 2022
Categories: Business Service
Christmas is a great time to acknowledge, appreciate and reward your employees and other associates by celebrating and giving gifts, you may encounter many different circumstances when having these events for your staff may attract Fringe Benefits Tax (FBT).The cost of providing a Christmas party is ...
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An Exploration of Australian Foreign Direct Investment (FDI)

Date: December 9, 2022
Categories: Financial Planning
Meaning of Foreign Direct Investment (FDI):Foreign investment takes place when an individual, business or an investment vehicle (such as a superannuation or pension fund) external to Australian economy decide to establish a new venture in Australia or purchase property or shares in an Australian-own ...
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