The Optus data breach is top of mind for a lot of Australians, particularly those who have had their data breached.
For business, the breach is a timely warning on the importance
of understanding what data is held on your customers (and should you hold it?), how it is secured, how your systems work and the process to
identify gaps and deficiencies, the appropriate actions if and when a breach occurs, and the impact on your relationship to your customer.
This is not something that can be outsourced to IT but a whole of business issue.
Discover 9 essential financial planning tips to help new and expecting parents manage the costs of parenthood with confidence and ease.
The Taxable Payments Annual Report (TPAR) is a mandatory report for Australian businesses in certain industries to disclose contractor payments to the ATO by August 28 each year, ensuring accurate tax reporting.
Starting July 1st, 2024, non-profit organisations (NFPs) in Australia with an ABN, but not recognised as charitable, must annually submit a NFP self-review return to the ATO to confirm their tax exemption status. This process involves three main sections: