Your practice

Relevant and practical knowledge and tools to build your business

Tax agents! You have some “friendly fire” competition

Tax agents be warned… you have some “friendly fire” competition. The ATO offers help to taxpayers every year from July to October to lodge their tax return. Its Tax Help program is a network of ATO-trained and accredited community volunteers who provide a free and confidential service to help people who need a little guidance

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PLS authorisation errors? Check the identity

Tax professionals getting used to the ATO’s practitioner lodgment service (PLS) need to be aware of some common lodgment authorisation errors. When using its PLS, the ATO says new clients must be added to a practice’s client list before lodging. “If you try to lodge before adding new clients, the lodgment won’t be accepted and

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Take heart: 78% of Aussies love their accountant

A new survey from online services marketplace ServiceSeeking.com.au, released just in time for the tax season, shows that nearly 80% of Australian taxpayers outsource their tax return. The data also revealed that 51% are happy with the amount of tax they pay and the cheapest month for your clients to have their return completed is

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A big year for practice management software

A big year for practice management software. As accountants, bookkeepers, tax agents and payroll specialists will know, standard business reporting (SBR) is a standard approach to online or digital record keeping and lodgment that is built into accounting software. SBR acts as an electronic postbox in that the information to government only has to be

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