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Did you miss your lodgment due date?Contact ATO or speak to your tax professional now if your 2023 SAR has not been lodged.If you missed your Self-Managed Super Fund (SMSF) Annual Return (SAR) lodgment due date of 28 February, it is important to get on top of things now.Your SMSF is required ...

The Small Business Superannuation Clearing House (SBSCH) has introduced a bank account validation process for Self-Managed Super Funds (SMSF) starting from 15 March 2024This validation checks if your employee’s SMSF Bank Account details match their SMSF recordsIf there is a mismatch, or the employ ...

As an accountant, you may offer more than just tax preparation and compliance services to your clients. Many Accounting Firms now provide valuable Business Advisory Services to help clients with strategic planning, financial management, and operational improvements. These advisory services can be a ...

Petty Cash:A Petty Cash fund is a convenient resource maintained by an organization for the purchase of minor items.Important Insights into Petty Cash Management for Professionals:Even for the nominal funds held in the secure receptacle located beneath the reception desk, it is imperat ...

The field of Financial Management is rapidly changing due to Artificial Intelligence (AI), which presents both new and exciting difficulties as well as a number of advantages. Below is a summary of its effects:Benefits • Improved Decision Making: AI systems are capable of analysing e ...