The shape of Australia’s future
We look at the key takeaways from the Intergenerational Report. The 2023 Intergenerational Report (IGR) is a crystal ball insight into what we can expect Australian society to look like in 40 years and the needs of the community as we grow and evolve. It doesn’t map out our path to flying cars and Jetsons […]
The Billion Dollar TikTok Scandal
$1.7 billion paid out in fraudulent refunds, another $2.7bn in fraudulent claims stopped, around 56,000 alleged perpetrators and over 100 arrests to date. How did the TikTok tax scandal get out of control? It was promoted as a victimless hack that delivered tens of thousands of dollars into your bank account. Like any hack, taking […]
The 120% Technology and Skills ‘Boost’ Deduction
The 120% skills and training, and technology costs deduction for small and medium business have passed Parliament. We’ll show you how to take maximise your deductions. Almost a year after the 2022-23 Federal Budget announcement, the 120% tax deduction for expenditure by small and medium businesses (SME) on technology, or skills and training for their […]
Proof of Identity (POI)
In recent times, tax and identity fraud have been fuelled by lack of proper identification processes in tax practitioners’ offices. As a tax practitioner, it is vitally important we are vigilant in undertaking adequate client identification processes. Overall, this will help minimise risks for identity fraud for our clients, our practice and the government. The […]
How good is ChatGPT at tax?
Not being paranoid or anything but we were curious about the skills of the latest innovation to take the world by storm, ChatGPT, and its ability to work with the Australian tax system. Let’s start by saying that we were impressed. Not so much by ChatGPT’s ability to work with the complexities of the tax […]
Xero & Multi-factor Authentication
The Australian Taxation Office (ATO) is introducing new regulations to help better protect Australian businesses which will impact all software providers servicing Australian organisations, including Xero. They are committed to helping protect your businesses data and complying with the ATO regulations, which is why they’re letting us pass on information to you, our clients & […]
Good Tech for Good Work
“This year we actually went on holiday at the same time—for more than two weeks—we’d never have been able to do that before the new system”. Vicki Cole, Corporate Services Manager at CADA The Challenge—Pay Run to Pay Walk The Centre Against Domestic Abuse (CADA) in Moreton Bay faced funding and payroll complexity. Detailed reporting […]
Cosmetic Gold: How Digispectro is redefining ‘skin deep’.
Barry Amor and his company, Digispectro, are imagining better for the world with their award-winning invention—CompleXion. The handheld device perfectly captures the colour of a person’s skin, in all lighting conditions—a notoriously difficult challenge. This enables cosmetic manufacturers to create unique formulas with perfect colour matching. “But it goes beyond that,” Barry explains. “We can […]
Not a Gamble: How Kedron-Wavell Took Financial Control
Running Services Club finances is no picnic. But using the right systems—and with help for a smooth transition—you can use technology to make it a piece of cake. At Kedron-Wavell—one of Brisbane’s iconic Services Clubs—Finance Manager Brayden Young saw an opportunity to leverage technology to simplify the complex—and in the process help make his small finance team […]
5 Ways Laticrete Lifted Sales and Doubled Profits
Find out how Australian building materials manufacturer Laticrete imagined achieving business growth—despite the pandemic—and partnered with us to make it happen.