Advivo Christmas Message
2015 has been an interesting and challenging year for us at “Advivo”, as it has been for many of our clients, change has been plentiful and rewarding. In addition to the changes to practice ownership we have substantially increased our staffing and are now in the final throes of a major IT upgrade to ensure we can service your needs better and more efficiently in 2016.
We have enjoyed serving you in 2015 and on behalf of the partners and staff we wish you all a happy, safe and relaxing Christmas and a very rewarding and prosperous 2016. Of course anything we can do to assist in these pursuits do not hesitate to call.
I remind you the office will be closed from 24 December 2015 and re-open on the 4th of January 2016.
Client Presentation – Thankyou
Thank-you to the 32 clients who recently attended the AMMA Private Equity seminar. Your positive feedback is appreciated and rewarding. We look forward to bringing you many and more regular functions of a varying but proactive and educational nature to assist you and your business in the future.
The OSR have Increased Audit Activity on Payroll Tax
In recent months there has been a significant increase in OSR (Office of State Revenue) Compliance Activity. In addition to this, the ATO have started to share information with State OSR’s resulting in a greater need for businesses and their advisers to be on top of Payroll Tax obligations and maximise exemptions and concessions.
Full Article
Business Finance
Protect Your Business from Billing Scams
False billings continue to be a common scam targeting Australian small businesses, according to the Australian Competition and Consumer Commission (ACCC). The ACCC has provided a number of tips to help small business avoid being the victim of false billings.
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Business Tax
ATO Relies on Data-Matching to Check Compliance
Data-matching and data-mining are key tools used by the ATO to ensure tax compliance. The volume of data the ATO now obtains via its many data-matching programs provides it with a vast, and growing, warehouse of information on taxpayers.
Full Article
Disclaimer of Liability
Our firm provides the information in this e-newsletter for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided “as is,” with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.