Simple Solutions Accounting Perth http://aozhouss.com Tax Accountant, Business Advisory, Bookkeeping Services and Xero Gold Partner Wed, 17 Mar 2021 07:43:37 +0000 en-GB hourly 1 http://wordpress.org/?v=5.7.1 http://aozhouss.com/wp-content/uploads/2019/07/cropped-Logo-Numbers-32x32.png Simple Solutions Accounting Perth http://aozhouss.com 32 32 COVID-19 and working from home benefits http://aozhouss.com/2021/03/17/covid-19-and-working-from-home-benefits/ Wed, 17 Mar 2021 06:48:43 +0000 http://aozhouss.com/?p=121074 COVID-19 and working from home benefits This information is to assist understanding your FBT obligations where employees are provided with benefits to support working from home arrangements during the COVID-19 pandemic. Key points Your fringe benefits tax (FBT) obligations may be affected if you have provided a benefit to your employee to facilitate working from […]

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COVID-19 and working from home benefits

This information is to assist understanding your FBT obligations where employees are provided with benefits to support working from home arrangements during the COVID-19 pandemic.

Key points

  • Your fringe benefits tax (FBT) obligations may be affected if you have provided a benefit to your employee to facilitate working from home (WFH) arrangements due to the impacts of COVID-19.
  • The below information covers certain residual, property or expense payment benefits which may be exempt from FBT or have their taxable value reduced under the ‘otherwise deductible’ rule (ODR).[1]

Work laptop, other portable electronic device and tools of trade

You may have given or loaned certain eligible work-related items to your employee so they could work from home as a result of COVID-19 or reimbursed them for expenditure they incurred on these items.

An eligible work-related item is exempt from FBT if it is:

  • primarily for use in the employee’s employment
  • not a duplicate of something with a substantially identical function that has already been provided to the employee in the FBT year (unless it is a replacement).

An eligible work-related item is:

  • a portable electronic device
  • computer software
  • protective clothing
  • a briefcase
  • a tool of trade.

Examples of portable electronic devices include laptops, tablets, smart phones, and calculators. However, a desktop computer would not be considered a portable electronic device.

For more information about portable electronic devices, see Work related portable electronic device exemption.

If you are a small business you may be eligible for an exemption, so that you can provide multiple portable electronic devices to an employee, even where the items have substantially identical functions.

From 1 April 2021, the turnover threshold for businesses to be eligible for this exemption will increase from $10 million to $50 million. For more information, see Work out if you’re a small business for the income year.

The term ‘tools of trade’ refers to items that are handheld for use in mechanical operations or require manual operation to produce a defined result. They are of a specialist nature for use by an operator in a particular occupation (for example, an employee carpenter is provided with a hammer, screwdriver or chisel). It does not cover desktop computers, computer peripherals, or general office equipment.

For more information about tools of trade, see ATO Interpretative Decision ATO ID 2006/248 Fringe Benefits Tax Exempt Benefits: work related item – tool of trade.

General office equipment

General office equipment includes desks, chairs, cabinets, stationery, computer monitors and peripherals, and other items generally available for use in an office setting.

The way FBT applies to general office equipment depends on how you provide the benefit to your employee.

Lending office equipment

The benefit arising from lending general office equipment to your employee during temporary WFH arrangements due to COVID-19 may be exempt from FBT.

For ongoing WFH arrangements, the benefit may also be exempt in some circumstances, and where it is not exempt, the taxable value may be reduced by the ODR.

Temporary WFH arrangements

During periods of temporary WFH arrangements due to COVID-19, the provision of office equipment will be exempt from FBT if it is:

  • property that is ordinarily located on your business premises
  • wholly or principally used directly in connection with your business operations.

Office equipment is considered ‘ordinarily located on your business premises’ if:

  • the home use of the equipment by your employee is temporary
  • there is an expectation that the equipment will be returned to your business premises when the temporary WFH arrangement ceases.

The equipment does not need to have been physically located on your business premises prior to entering into a WFH arrangement to meet the test, provided it is an item that is expected to be returned to the premises.

Example 1 – employees working from home due to lockdown restrictions

Your office closed due to COVID-19 lockdown restrictions. To support your employee to work from home, you ordered an ergonomic chair from an office equipment supplier and had it delivered directly to your employee’s home. When your office returns to normal operation, your employee must return the chair to your office.

Your provision of the chair to your employee is exempt from FBT even though the chair had never been used in your office. Your employee uses the chair to undertake their employment duties. The chair remains your property, and it would ordinarily be located on your business premises.

Ongoing WFH arrangements

Office equipment that you loan to an employee to support a WFH arrangement that will continue on a long-term basis is unlikely to meet the exemption above.

However, the benefit may be exempt if you make a no-private-use declaration that covers all office equipment loaned to your employees to support their WFH arrangements where both of the following apply:

  • the equipment is subject to a consistently enforced policy in relation to its use
  • this use means the benefits would have a taxable value of nil.

Where you provide general office equipment to your employees solely to enable them to work from home, and have a consistently enforced policy documenting this purpose, we will accept that the requirements of this exemption are met.

You will not be required to provide documentation that demonstrates the employment use of the office equipment. The fact that there may be some incidental use of an item outside of work hours while it is located at an employee’s home does not prevent the benefit from meeting this exemption.

Example 2 – office equipment covered by no-private-use declaration

Your office temporarily closed due to COVID-19 and your employee began a WFH arrangement. After your office reopens, you arrange for your employee to continue their WFH arrangement for part of each week.

You provide your employee with an ergonomic chair and computer peripherals to support their WFH arrangement.

You have two policies in effect to which your employee has agreed, through written confirmation:

1/ the items are only provided to enable your employee to perform their duties at home

2/ the items remain the property of your business and your employee will need to return them when they cease their WFH arrangement.

You complete a no-private-use declaration for the residual fringe benefits. These benefits are exempt from FBT.

For a copy of the no-private-use declaration template, see this list of approved declaration forms.

If your employee does not complete a no-private-use declaration, the taxable value of that benefit may be reduced under the ODR. The ODR applies if your employee would have received a once-only deduction had they incurred the expenditure themselves to rent the equipment solely to use for work purposes.

If the ODR applies, the taxable value of the benefit is reduced by the gross amount that your employee would otherwise have been allowed to deduct had they incurred the expenditure themselves, less the value of any contributions made by them.

However, if the equipment provided has an alternative purpose besides the WFH arrangement, or is significantly used for private purposes, you may need to apportion the use of the equipment to determine the amount of reduction to the taxable value. In these circumstances, you will be required to provide a copy of the employee’s residual benefit declaration and evidence of the employee’s work-related use of the equipment (for example, a diary of usage).

You still must be able to show that the equipment was only lent or made available to your employee. That is, the equipment still belongs to you and it will be returned when the WFH arrangement ceases. If this cannot be shown, then the provision of the equipment may be a property benefit (see below).

Giving office equipment or reimbursing for purchases

Where you have given an employee office equipment that has a notional taxable value of less than $300 (including goods and services tax (GST)), or you have reimbursed them for expenses of less than $300 which they incurred in acquiring equipment, the item may be exempt from FBT or its taxable value may be reduced by the ODR.

Where the value of that office equipment is $300 (including GST) or more, then FBT is generally payable.

Taxable value less than $300

Where the taxable value of the item or reimbursement is less than $300 (including GST), the benefit may be exempt if it is a minor benefit.

You should have regard to the following factors in determining whether a benefit you have provided is a minor benefit:

  • whether the provision of the benefit is infrequent or irregular
  • whether the provision of the benefit arises from an unexpected event
  • whether other similar benefits are provided at the same time, and if so, the value of all combined similar benefits.

For more information on the minor benefits exemption, see Minor benefits exemption or Taxation Ruling TR 2007/12 Fringe benefits tax: minor benefits.

Where an item of general office equipment is given or the amount paid to acquire it is reimbursed on a once off basis to support the establishment of a WFH arrangement, we will generally accept that the benefit is infrequent and irregular.

If the benefit is not a minor benefit, the ODR may still apply to reduce the benefit’s taxable value if your employee would have been entitled to a deduction if they had incurred the expenditure themselves. You will need to keep evidence that demonstrates the employment use by the employee (for example, a diary of usage).

Taxable value equal to $300

An item which cost $300 (including GST) will not qualify for the minor benefits exemption.

If the employee would have been entitled to a once-only deduction under the capital allowance provisions in Division 40 of the Income Tax Assessment Act 1997 had they incurred the expenditure themselves, the ODR may apply to reduce the taxable value of the benefit.

Taxable value of more than $300

Where the taxable value of the benefit is $300 (including GST) or more, FBT is generally payable.

The minor benefits exemption does not apply to any benefits with a notional taxable value of $300 or more.

The ODR does not apply because the employee would be entitled to a deduction for depreciation, (which is not a once-only deduction) under the capital allowance provisions in Division 40 of the Income Tax Assessment Act 1997.

Counselling

Counselling services provided to support an employee’s WFH arrangement may be exempt from FBT under the existing rules for work-related counselling.

‘Work-related counselling’ refers to counselling that seeks to improve or maintain the quality of your employee’s work performance and relates to matters such as health and safety, stress management, relationships, retirement, and any other similar matters.

This includes counselling sessions undertaken via telephony or online platforms during a WFH arrangement.

Health care

Health care provided to your employee to support their WFH arrangement may also be exempt from FBT if it is the provision of work-related preventative health care.

‘Work-related preventative health care’ means any form of care that:

  • is provided by or on behalf of a legally-qualified medical practitioner, nurse, dentist or optometrist
  • has the principal purpose of preventing your employee from suffering from injury or disease that is related to their employment
  • is available to all your employees who are likely to suffer from similar work-related injury or disease.

Also exempt from FBT is a car benefit, expense payment benefit, property benefit or residual benefit provided to an employee that is associated with work-related preventative health care of the employee.

Example 3 – Ergonomic consultations and provision of a sit/stand desk

To ensure your employees’ WFH setups meet workplace health and safety standards, you organise personalised online health consultations with a legally-qualified medical practitioner for all of your employees.

The medical practitioner identifies that one of your employees is suffering from back pain due to having to sit down for extended periods of time while working, and recommends certain health interventions to prevent further aggravation/injury, including the use of a sit/stand desk while the employee is WFH. As a result, you purchase a sit/stand desk and arrange for it to be set up at your employee’s home.

The provision of these consultations to all of your employees and the sit/stand desk to the employee are exempt from FBT as work-related preventative health care.

This exemption applies to the purchase of the sit/stand desk because it is associated with work-related preventative health care, that is, the workplace health and safety consultations. However, if you simply purchase this equipment for an employee, without the recommendation of a legally-qualified medical practitioner or nurse, the purchase would not be exempt from FBT.

More information

For more information, see:

Siebel reference: 1-NRMTHPY

The ODR allows the employer to reduce the taxable value of fringe benefits by the amount for which the employee would be able to claim a once-only deduction. To the extent that an expense is ‘otherwise deductible’, the taxable value of the benefit is reduced, which reduces the employer’s potential liability to FBT.

Date of publication:  12 March 2021

Source: http://www.ato.gov.au/law

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ATO sounds alert over new ‘alarming’ TFN scam  http://aozhouss.com/2021/02/22/ato-sounds-alert-over-new-alarming-tfn-scam/ Mon, 22 Feb 2021 03:16:20 +0000 http://aozhouss.com/?p=121070 ATO sounds alert over new ‘alarming’ TFN scam  The Tax Office has issued a warning over a new tax file number scam that has seen nearly $120,000 being lost to fraudsters. The new scam involves a robo-call impersonating the ATO with a pre-recorded message informing a target that their TFN has been suspended following suspected […]

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ATO sounds alert over new ‘alarming’ TFN scam 

The Tax Office has issued a warning over a new tax file number scam that has seen nearly $120,000 being lost to fraudsters.

The new scam involves a robo-call impersonating the ATO with a pre-recorded message informing a target that their TFN has been suspended following suspected fraudulent activity.
The victim is then persuaded to transfer money from their bank account to a fake ATO holding account to “protect” their funds.

According to the ATO, 638 reports of this scam has been received since the start of the year, with seven victims losing nearly $118,000.

“We’re seeing that instead of scammers asking for a specific amount of money, they’re requesting victims to transfer every last dollar in their bank account.

“What’s most malicious is that, in some cases, these scammers are stealing money under the guise of saving it from other fraudsters trying to access their account.”

The ATO also notes that young people between the ages of 18 and 24 seem to be most susceptible to the new scam tactic, with one person losing $36,000 last week.

“This is a reminder for everyone to keep their guard up when answering an unexpected call,” Mr Jakubowski said.

“While we more often hear stories of older Australians being targeted by scammers, these devastating losses show that anyone can be a target.”

Spoofed calls, which appear to originate from legitimate ATO phone numbers, have been an ongoing issue, with the Tax Office revealing that it had received reports of over 107,000 of such spoofed calls in the community in 2019.

The Australian Communications and Media Authority (ACMA) has now established new rules that require telcos to detect, trace and block scam calls.

ATO advice
The ATO does call taxpayers, but note that they will never:

  • send unsolicited pre-recorded phone messages
  • use aggressive or rude behaviour, or threaten you with immediate arrest, jail or deportation
  • suspend your TFN
  • request direct transfers of money to a personal bank account
  • project their number onto your caller ID
Source: accountantsdaily.com.au/business

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Free webinars – running your home-based business http://aozhouss.com/2021/01/30/free-webinars-running-your-home-based-business/ Sat, 30 Jan 2021 12:58:34 +0000 http://aozhouss.com/?p=121054 Free Webinars from the ATO to Help Run your Home-Based Business  When you are running your business from home, expenses such as for electricity, gas and office furniture, can have a serious impact on your bottom line. Learn to calculate the amounts you can claim on your tax return and how to maximise the cash […]

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Free Webinars from the ATO to Help Run your Home-Based Business 

When you are running your business from home, expenses such as for electricity, gas and office furniture, can have a serious impact on your bottom line.

Learn to calculate the amounts you can claim on your tax return and how to maximise the cash flow of your business with these two webinars:

  • Running a home-based business
  • Cash flow for small business success

At the Running a home-based business webinar you can find out what expenses you can claim as tax deductions and how to calculate the amounts you claim.

The Cash flow for small business success session gives you critical cash flow management knowledge and skills. Find out how to identify issues and use a range of tips to help maximise your cash flow.

These one-hour webinars are delivered online via Webex; you’ll receive a link to the session after you register.

Don’t miss out, to view topics available and book, click here.

Source: ATO Small Business Newsroom

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Savings 2021! http://aozhouss.com/2021/01/22/savings-2021/ Fri, 22 Jan 2021 10:36:46 +0000 http://aozhouss.com/?p=121048 Savings 2021 2020 was a year anyone could never have predicted. Never before has the concept of having an emergency fund been more meaningful to cover loss of jobs and income, and many people having to withdraw Super in order to stay afloat. Savings in years to come will be critical in order to build […]

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Savings 2021

2020 was a year anyone could never have predicted. Never before has the concept of having an emergency fund been more meaningful to cover loss of jobs and income, and many people having to withdraw Super in order to stay afloat. Savings in years to come will be critical in order to build up those emergency funds and attempt to boost the Super balance again.

I have set myself a big and bold audacious goal of not buying anything in 2021 (for myself) that is not a necessity (think stuff like deodorant or underwear). I am not a massive spender anyway – but I do love a good sale, and generally end up buying stuff that I really don’t need, plus my COVID kilo’s have resulted in having to buy bigger sizes (which I don’t want to be a long-term thing) and as a result – cupboards overflowing with more clothes then I could ever wear.

Over the holidays, I cleaned out the pantry and linen cupboards and kids’ bookcase and cupboards – but still need to get to mine. But the goal will be clear out, and don’t replace! No spending in 2021. Whatever I “don’t” spend – will be saved instead.

I listed some of my basics below:

  • Know where your money goes and what you spend your money on – look at your bank statements / credit card statements and work out what you are spending on hard earned moola on, and where it can be better spent.
  • Pay off your credit card debt as fast as possible. If you have multiple debts – see if you can consolidate this on a lower interest rate and pay if off as quickly as possible. Otherwise, pay them off using the “domino effect” – choose the lowest balance, smash that. Once the first one is paid off, then you use the money you would have paid to pay that debt, to pay extra off the next debt and so on until they are all paid off.
  • Start an emergency fund – like covering a major car repair, or if you become ill and cant work short term, or get made redundant (or a world pandemic hits ;-( ) this will be the funds that you can use to “survive” without income or cover a once off large expense without any hiccups. The recommendation is at least 3 months of your expenses, but it all depends on what you are comfortable with.
  • Save first – either a % of your income or a fixed amount. If you are saving a fixed amount and your income increases – make sure you increase that fixed amount to be in line with the increase in income. Don’t save what is left over – or it will never be a priority. If you save first you will live on less.
  • Automate that saving – Set up a direct debit into a savings account so that your savings are moved away from temptation straight away.
  • Avoid impulse buying (this is my guilt! Hence the goal for 2021). Some suggestions are – avoid large shopping centres unless you really need to, don’t take your credit card with you when you go out, this allows some “think about if you really need it, before you buy it”, make a list before you go shopping and only buy what is on that list, don’t shop when you are hungry.
  • Its never too late to start and no matter how little or how much – every $ saved helps.
  • Change some habits
    • Invite friends over where everyone brings a “place to share” rather then eating out
    • Meet friends at the beach or park, take kids to free activities – like the museum or bush walking.
    • Ditching your coffee will save $5 a day (work days 260 days, you will save $1300)
    • Quit smoking or mid-week drinking – save $ and your health!
    • Make ordinary things cheaper – take snacks, pack your own lunch, choose generic brands, carpool or cycle or walk to work. The savings will add up quickly
  • Keep all your receipts for things that you can claim for tax and maximise your tax refund (or reduce the taxes you pay). On that note, save your tax refund each year rather then blow it!

Don’t make it all doom and gloom, give yourself a ‘blow money’ limit. You can use this for whatever you want to i.e., non essential purchases. This will allow you to remember that the splurge is not a daily habit, but has limits in place.

So, set your goals – the ASIC Money Smart website has a great savings calculator to work out how much you need to save to meet the goal. Don’t forget the power of compounding interest will help you reach your savings goals – but you need to start! And stay committed!

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Fresh Changes For the New Year http://aozhouss.com/2021/01/22/fresh-changes-for-the-new-year/ Fri, 22 Jan 2021 10:20:39 +0000 http://aozhouss.com/?p=121044 Fresh Changes For the New Year Happy New Year! We hope that 2021 brings growth and prosperity for you and your businesses. The Simple Solutions Accounting Services team and services are growing and changing too. For us, this involves a re-jig to our business structure and the transitioning of many more of our business activities […]

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Fresh Changes For the New Year

Happy New Year! We hope that 2021 brings growth and prosperity for you and your businesses.

The Simple Solutions Accounting Services team and services are growing and changing too.

For us, this involves a re-jig to our business structure and the transitioning of many more of our business activities to our Simple Solutions Accounting Services Pty Ltd ABN.

Tax Returns have previously been lodged to the ATO under:

ABN 64 288 630 566                                                                   Mrs Gillian Megan Nathan

Registered Agent Number (RAN) 25197720                          Simple Solutions Accounting Services Pty Ltd

Moving forward in 2021, we will be requesting for our client’s ATO profiles to instead be associated with the below changed ABN and RAN numbers.

ABN 98612 270 210                                                                    Simple Solutions Accounting Services Pty Ltd

Registered Agent Number (RAN) 25982928                          Simple Solutions Accounting Services Pty Ltd

This will assist in the smoother running of our business, Simple Solutions Accounting Services.

But what does it means for you?
For our clients, not a lot will change. Simply, if you are asked by a third party to provide your accountant’s Registered Agent Number (RAN) you will now need to quote the new number 25982928. Rest assured all lodgements will still be reviewed and approved personally by myself as the Registered Agent.

You, of course, have the ultimate authority on actions associated with your ATO client account though. If you would like your account to be excluded from the transition, please let us know.

Shortly you will receive direct emails giving you the opportunity to confirm or rescind your permission, so keep an eye out in those inboxes. If we don’t receive a response, we will conclude default permission to proceed.

Thanks as always for supporting our business.

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Want to save money on your business energy bills? http://aozhouss.com/2021/01/22/want-to-save-money-on-your-business-energy-bills/ Fri, 22 Jan 2021 09:57:11 +0000 http://aozhouss.com/?p=121039 Want to save money on your business energy bills? Do you have trouble understanding the ins and outs of your energy bills? Are you getting the best deal from your provider? Should you put a low-cost energy solution in place or invest in something bigger? The Business Energy Advice Program is here to help. Through […]

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Want to save money on your business energy bills?

Do you have trouble understanding the ins and outs of your energy bills? Are you getting the best deal from your provider? Should you put a low-cost energy solution in place or invest in something bigger?

The Business Energy Advice Program is here to help.

Through the program you can get a free business energy advice consultation. With this service you will:

  • understand your energy saving options
  • choose the best energy plan for your business
  • receive tailored advice to reduce your energy use.

Australian small businesses with 6-20 employees can get a free consultation. Or if you’ve been adversely affected by drought, your business can have between zero and 20 employees. If your business isn’t eligible for a free consultation, you can access helpful resources. Learn more…

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80¢ per hour work-from-home deduction method extended http://aozhouss.com/2021/01/08/80%c2%a2-per-hour-work-from-home-deduction-method-extended/ Fri, 08 Jan 2021 05:02:24 +0000 http://aozhouss.com/?p=121033 80¢ per hour work-from-home deduction method extended Taxpayers continuing to work from home in the new year will be allowed to continue using the simplified working-from-home deduction method following a third extension by the ATO. The 80¢ per hour shortcut method, introduced in April 2020 in response to COVID-19, will now be in place until 30 […]

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80¢ per hour work-from-home deduction method extended

Taxpayers continuing to work from home in the new year will be allowed to continue using the simplified working-from-home deduction method following a third extension by the ATO.

The 80¢ per hour shortcut method, introduced in April 2020 in response to COVID-19, will now be in place until 30 June 2021.

This is the third time the Tax Office has chosen to extend the shortcut method, after it was first due to expire at the end of the last financial year, then September 2020, and more recently, at the end of December 2020.

Conversely, the ATO’s updated Practical Compliance Guideline 2020/3 no longer states whether further consideration will be given to extend the latest end date.

The new extension comes as NSW continues to contain an outbreak of COVID-19 infections that began on the Northern Beaches a week before Christmas.

Victoria has since recorded new community transmission cases, with the state government now moving to push back plans for workers to return to the office from next Monday to a week later.

The temporary shortcut method will continue to be supplementary to the 52¢ fixed-rate method and the actual cost method of calculating running expenses, with taxpayers able to choose the appropriate method for their circumstances.

Source: www.accountantsdaily.com.au/tax-compliance

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We are commencing a partnership with Audit Shield http://aozhouss.com/2021/01/04/we-are-commencing-a-partnership-with-audit-shield/ Mon, 04 Jan 2021 10:48:09 +0000 http://aozhouss.com/?p=121024 As always, we are committed to enhancing our services for you and increasing the #clientlove! We’re excited to launch a number of projects and offerings in the new year to improve your client experience with us and further support you and your businesses. First cab off the rank – starting this month we are commencing […]

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As always, we are committed to enhancing our services for you and increasing the #clientlove!

We’re excited to launch a number of projects and offerings in the new year to improve your client experience with us and further support you and your businesses.

First cab off the rank – starting this month we are commencing our partnership with Audit Shield to extend to you an optional tax audit insurance solution. Audit Shield help aid your peace of mine by providing cover in the event of an audit, enquiry, investigation or review instigated by the ATO or other relevant government revenue agencies.

Keep an eye out on socials and in your inbox for more information about this and other fresh changes at Simple Solutions Accounting Services.

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Simple Solutions Accounting Services is taking a break… http://aozhouss.com/2020/12/13/simple-solutions-accounting-services-is-taking-a-break/ Sun, 13 Dec 2020 07:40:16 +0000 http://aozhouss.com/?p=121020 We’re taking a break Simple Solutions Accounting Services are taking a break  ⛱ We will be closed from Saturday 19 December and reopening Monday 11 January to get BAS and Super lodgements underway. Jobkeeper testing for January to March 2021 appointments are available on 4 and 5 January 2021. Book an appointment for 2021.

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We’re taking a break
Simple Solutions Accounting Services are taking a break  ⛱
We will be closed from Saturday 19 December and reopening Monday 11 January to get BAS and Super lodgements underway.
Jobkeeper testing for January to March 2021 appointments are available on 4 and 5 January 2021.

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Webinars to help you run your business from home http://aozhouss.com/2020/12/10/webinars-to-help-you-run-your-business-from-home/ Thu, 10 Dec 2020 12:49:50 +0000 http://aozhouss.com/?p=121013 Webinars to help you run your business from home Running a small business from home can be daunting and you might feel you have a lot to learn. You may want to know more about which expenses you can claim in your tax return, how to calculate the amounts you claim, or learn the benefits […]

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Webinars to help you run your business from home

Running a small business from home can be daunting and you might feel you have a lot to learn.

You may want to know more about which expenses you can claim in your tax return, how to calculate the amounts you claim, or learn the benefits of digital systems.

ATO are offering two one-hour webinars to help you improve your small business skills.

  • Running a home-based business
  • Digital options for your small business

Running a home-based business:

Find out what expenses you can claim as tax deductions and how to calculate them.

Digital options for your small business:

There are many online services and digital systems that can help you with business activities such as marketing, sales, accounting and reporting.

Discover the benefits of digital systems and what systems are available for each area of your business operations.

The webinars are available now. They’ll be delivered online via Webex and you’ll receive a link to the session after you register.

Don’t miss out, book now

Next step:

Key webinar topics for small business

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