Insights for Australian accounting practices
Practical thinking on offshoring, outsourcing, SMSF, taxation and data security, written by our team for practices, CPAs and bookkeepers.
Division 7A Explained for Busy Practices
Division 7A turns careless private company loans into unfranked deemed dividends. Here is the working version of the rules, the traps that actually bite, and the year end checklist that keeps client groups clean.
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Payroll Tax: A State by State Primer for Practices
Payroll tax is a state tax with eight rulebooks, grouping provisions that surprise growing clients, and contractor rules that bite. A working primer for practices managing it across a client base.
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Fringe Benefits Tax: The Practice Guide to a Clean FBT Season
FBT runs on its own year, its own valuation methods and its own gross up arithmetic. Here is the practice side guide to categorising benefits, finding the ones clients forgot, and landing returns in April instead of May.
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Company Tax Return Due Dates: The Working Calendar
Company lodgement deadlines depend on who lodges, the company's history and the ATO's lodgment program. Here is the structure of the calendar and the discipline that keeps a whole client list on the right side of it.
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Offshoring vs Outsourcing: What Practices Actually Mean
The two words get used interchangeably and describe opposite operating models. The difference decides who controls your process, your quality and your client experience. Here is the distinction, plainly.
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15 Most Common SMSF Mistakes observed by our Experts
Self Managed Superannuation Funds (SMSFs) have become a popular option for those wanting more control and flexibility over their retirement funds. But running an SMSF requires responsibility and attention to detail. Trustees must guarantee strict adherence to rules, manage investments wisely, and make sound, Long-term decisions to ensure members' retirement benefits. While the advantages exist, ...
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Offshoring 101: Secure your data from unexpected World Tour
In this blog post, we will delve into valuable tips for effectively managing data risks and ensuring that your data remains secure and prevent it from going on an unexpected world tour.
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Offshoring 101: Demystifying your path to a successful Offshoring
Offshoring has been a popular trend for Accounting Firms and CPAs especially in Australia over the past few decades.
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Outsourcing in India: A Bigger Bang for your Buck
The recent years have seen India grow exponentially in the arenas of outsourcing and offshoring services.
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Onshore + Offshore = Numerical Prodigy
Offshoring has shifted from being a niche strategy to a dominant one used by Australian Firms and they have in return focused more on core competencies and generating profit.
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How to Successfully Outsource SMSF Accounting?
Here are the points you need to consider while outsourcing SMSF jobs. SMSF
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How Outsourcing Taxation Services Can Help Accounting Firms and CPAs?
Choose experienced team of professionals provide taxation service and work dedicatedly for your business. It help in certain productivity without having to invest much. For more details, feel free to connect with Venus Accountants.
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Tips to Establish a Fruitful Relationship with Your Accounting Services Partner
To form a great and successful outsourced accounting relationship, you need to keep in mind certain tips. One important thing is you need to be clear and confidential about your expectations and priorities. For more details, feel free to get in touch with us.
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Outsourcing – A step towards your pioneering growth
DO WHAT YOU DO THE BEST OUTSOURCE THE REST. That's the advice legendary business consultant Peter F. Drucker gave companies. Outsourcing noncore activities and focusing on the vital aspects of ...
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