by Swot Accoountants | Nov 2, 2021 | Business News, Companies & Trusts
From the 1 of November 2021, Australia’s 2.7 million company directors can apply for their director identification numbers (Director ID) using the Australian Business Registry Services (ABRS) website. All directors of a company, registered Australian body, registered...
by Swot Accoountants | Oct 8, 2021 | Business News, Business Training
It has never been more important for small business owners to become aware and get smarter about cyber security. While the big companies are spending billions of dollars on cyber security each year, small and medium-sized businesses (SMBs) are not doing enough to...
by Swot Accoountants | Sep 1, 2021 | Business News, Business Training, Companies & Trusts, Tax & Compliance
When starting a small business, you need to choose which type of business structure to use. It is very important to understand the responsibilities of each structure, as it will affect the set-up and running costs, the tax obligations, asset protection, and potential...
by Swot Accoountants | Aug 16, 2021 | Business News, Tax & Compliance
Most people look forward to receiving a tax refund when they lodge their tax return however, in some cases the ATO will issue a tax bill instead. Generally, people who earn income as employees have tax payments made on their behalf throughout the year through...
by Swot Accoountants | Jul 1, 2021 | Business News, Business Training, Coronavirus (COVID-19)
In their latest report, the Australian Competition and Consumer Commission (ACCC) reported more than $851 million were lost in scams by Australians in 2020. Here is a breakdown of the reported scams: $328 million lost in investment scams. $131 million lost in romance...
