Brandon has recorded a video on how to use Hubdoc &
Xero now that Xero has acquired Hubdoc and Hubdoc is now FREE!
Hubdoc enables you to easily get bills and receipts into Xero. Manual bookkeeping tasks like entering bills and receipts into Xero automated and easily match transactions to the Xero bank feed, and giving you a better view of how your business is doing.
On 31 March 2020, the Fringe Benefits Tax (FBT) year ends. With the ever increasing budget deficits, the ATO will be reviewing whether all employers who should be paying FBT are, and that they are paying the right amount. Who needs to lodge a FBT return? Find out here.
With the borders between the State and Territories all but open and 2021 in sight, there is a hunger for a return to normal. With Australia's desire to ‘get on with things,' sentiment reached its highest level since November 2013 and Christmas spending is expected to be consistent with previous years.
Stimulating investment is high on the Government’s agenda. To encourage spending, the 2020-21 Budget introduced a measure that allows businesses to immediately deduct the cost of new depreciable assets and the cost of improvements to existing assets in the first year of use.