The tax losses are made when the total deductions for an income year exceed the total assessable and net exempted amount in any financial year. When t...
The money owed by you to your customers for provided products and services – Accounts Receivable. Many people would find it amazing if all the payme...
When the growth plans are done for a business, the service of accounts payable often goes unnoticed. This is a mistake that often all the businesses p...
Since late times, ATO has noticed that there are higher-than-expected tax deductions which are related to the luxurious commodities. These commodities...
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Post-July 1, 2019, all would not be the same. The reason for the change is that there are various amendments to taxation thresholds, superannuation, t...