HOW TO record receipt of the State Government Business Grant
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The latest cycle of State Grants in Victoria will have already, or soon to be hitting bank accounts.
So how do should you record them in your bookkeeping? Check out our latest HOW-TO for Xero video to find out in less than 5 minutes!
In the 2019–20 Budget, the government announced that Single Touch Payroll (STP) would be expanded to include additional information.
Throughout March, the ATO sent letters to directors who are potentially in breach of their obligations to ensure that the company they represent has met its PAYG withholding, superannuation guarantee charge, or GST obligations.
It’s a great headline isn’t it? Spend $100 and get a $120 tax deduction. Days after the Federal Budget announcement that businesses will be able to claim a 120% deduction for expenditure on training and technology costs, we started receiving marketing emails encouraging us to spend now to access the deduction.