5 min
Tax accountants and auditors are now officially on Australia's Occupation Shortage List. The numbers behind the shortage explain why hiring is getting harder and why it is not going to resolve itself quickly.
8 min
When seniors clean CSVs and fix imports, firms lose margin that never shows on a P&L. How to measure it, and how firms are freeing up capacity in a tight hiring market.
9 min
The ATO does not audit randomly. Specific patterns in BAS data trigger their systems automatically. Here is what they are looking at and what to do if you find an error after lodgement.
9 min
Bank rules save time when they work correctly and cause silent damage when they do not. A business that looks different from two years ago probably has rules that have not kept up.
12 min
The ATO cross-references STP data against PAYG figures on every BAS automatically. When they do not line up, a compliance letter follows. Here is why mismatches happen and how to correct both records properly.
8 min
The $20,000 instant asset write-off is one of the most used and most misunderstood concessions in small business tax. Here is what the rules actually say and where firms keep making errors.
7 min
The 4-year limit on GST input tax credits is strict, unforgiving, and catches firms out during catch-up work. Once the window closes, even the ATO cannot bring those credits back.
8 min
Finding a BAS error after lodgement is not the problem. What matters is whether you tell the ATO before they find it, because the timing changes the penalty significantly.
7 min
Most firms have clients paying for overseas software subscriptions every month. The GST treatment is not straightforward and the coding errors go in both directions.
6 min
Most reconciliation errors are not obvious when they happen. They sit quietly in the books until BAS preparation forces everything to line up, and by then they are weeks old and harder to fix.
