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Thursday 24th April

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  • 15
    Apr
    AD_Mark_Jackson_ATO

    Accountants’ input to drive the new ELS

    Our recent interview with the ATO’s Mark Jackson – Deputy Commissioner of Business Reporting and Registrations – revealed some pretty fine news for Australian accountants. The interview focused on the looming transition from the existing Electronic Lodgment System (ELS) to the shiny new Standard Business Reporting (SBR) framework. And while the ATO is expecting efficiency gains for small businesses, there are other, perhaps less obvious advantages for those in the accounting industry. In this excerpt from the interview, Mark talks about the opportunities for tax agents to provide input into how the SBR will be used: https: …

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  • 15
    Apr
    work_from_home4

    Are you made for teleworking?

    If you’re sick of working in an office from 9 am to 5 pm or have day dreamed about branching out on your own, you’re hardly alone. The answer to this may lie in teleworking. And it’s pretty much looking like the future. …

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  • 14
    Apr
    paid

    7 ways to ease business cash flow

    If you have a small business, cash is king, and knowing how to free up cash is important from the very start. …

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  • 11
    Apr
    liquid_business

    How liquid is your business?

    How long can your business hold its breath underwater? Two weeks, a month? How about as long as three months? Running a business is like sailing a boat on the ocean, except your business must be kept afloat on a sea of liquid cash. Your business needs to be liquid enough to remain buoyant and stay smooth sailing. How long can your business keep paying the bills if the liquid cash keeping your business afloat suddenly turns into a desert of sand? Here are 4 quick strategies to ensure your business is liquid enough to ride out any cash flow drought. …

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  • 10
    Apr
    law

    Is your business complying with MySuper?

    One of the biggest findings from our research is that a majority of small business owners worry about staying on top of compliance changes. I’d hate to be the harbinger of bad news, but I’ve got another one for you today. This may be old news for some, but the deadline to make sure your default superannuation fund is MySuper compliant has passed on 1st January 2014. What this means is that all business owners should be using a default superannuation fund that is a MySuper product. If the ATO finds out you haven’t done so, you may get the rough end of the stick. …

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  • 09
    Apr
    paydirect_blog5

    Revenue is vanity, cash flow is sanity

    If there was any truer phrase spoken in business, it has to be this: Revenue is sanity, cash flow is sanity Before we embarked on developing the MYOB PayDirect solution, we took a hard look at the numbers from our Business Monitor research. Time and time again, small business and start-up owners tell us that maintaining a healthy cash flow is one of the biggest pain points for them. …

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