Articles
9 Oct 2023
QuickBooks Online, Xero & MYOB: A Comprehensive Guide to Selecting the Right Accounting Software for Your Business
In today's digital age, cloud accounting has revolutionized the way businesses manage their finances.
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3 Aug 2023
GST Implications if Property Held for a Dual Purpose (ie. Renting and Selling)? (GSTR 2009/4)
Explains GST implications when property is held for both renting and sale.
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3 Aug 2023
What are Changes in Property Use that Can Trigger GST?
Explains property-use changes that can trigger GST consequences for developers, investors and business owners.
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3 Aug 2023
Land on Capital Account that Undergoes Change of Purpose to be Part of a Property Development Business? (TD 97/1, CGT event K4)
Explains tax issues when land held on capital account changes purpose and becomes part of a property development business.
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3 Aug 2023
Property Treated as Trading Stock that Undergoes Change of Purpose to Holding as a Long Term Investment (Sec. 70-110 ITAA 1997)
Explains tax treatment when property held as trading stock changes purpose and is retained as a long-term investment.
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3 Aug 2023
What are the Risks on a Wealth Tax on Unrelaised Gains?
A wealth tax on unrealised gains has been proposed as a means of addressing wealth inequality and funding public programs.
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2 Aug 2023
First ATO mention of Lodgeit
Lodgeit was one of the earliest innovators in the Au Standard Business Reporting space.
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2 Aug 2023
Nine Emerging Areas of Interest for Accounting Firms
Accounting firms are navigating new technology, changing tax rules, cybersecurity obligations and evolving advisory opportunities.
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2 Aug 2023
Agile Methodologies for Accounting Firms
Agile methodologies help accounting firms manage projects and deliver services in flexible, iterative cycles, improving productivity and responsiveness to clients.
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28 Mar 2023
GPT 4 and Accounting Skills
We put GPT-4 to the test on accounting: core concepts, debits and credits in double-entry bookkeeping, and working out a profit or loss on disposal.
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