News

News2017-01-29T00:38:43+13:00

The latest accountancy news

Keep up to date with the latest news from Xero and the IRD.

September 2020

In-work tax credit grace period

By |September 17th, 2020|Categories: IRD|

[ad_1] The Government has announced a proposed change to the In-Work Tax Credit as part of the Covid-19 Response Recovery Fund. The proposal is to allow a family currently receiving the in-work tax credit to [...]

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Rebuilding Australia: Staying in the game

By |September 17th, 2020|Categories: Xero|

[ad_1] This article first featured in: Rebuilding Australia: the role of small business. This report uncovers the impact of COVID-19 on different industries across the country. For more insights and help for small businesses, check [...]

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Omnibus tax bill introduced

By |September 16th, 2020|Categories: IRD|

[ad_1] The Taxation (Annual Rates for 2020–21, Feasibility Expenditure, and Remedial Matters) Bill was introduced into Parliament today by the Minister of Revenue, Hon Stuart Nash. For more information see the Minister of Revenue’s media [...]

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Lessons from lockdown: Stories of innovation and collaboration with Pam Phillips and Darryl Swift

By |September 16th, 2020|Categories: Xero|

[ad_1] Accountants aren’t just number-crunchers – they’re essential business partners. That means they’ve not only been working hard helping clients get to grips with their finances and government schemes like CBILs and furlough, but also [...]

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Tax write-off threshold increased

By |September 15th, 2020|Categories: IRD|

[ad_1] In response to the current economic downturn, the Government has legislated for a temporary increase to the write-off threshold for tax to pay, from $50 to $200. This applies for the 2019-2020 income tax [...]

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An open letter from small business to the Australian Treasurer: Paperlust

By |September 15th, 2020|Categories: Xero|

[ad_1] Our first letter in this series is from James Boston, Co-Founder of Paperlust and Xero customer, who shares how changes to the Export Marketing Development Grant have the potential to help small businesses grow [...]

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Guidance on recent COVID-19 tax legislation is now available

By |September 14th, 2020|Categories: IRD|

[ad_1] Guidance on recent COVID-19-related legislation is now available. It covers the loss carry-back scheme, administrative flexibility for Inland Revenue, the Small Business Cashflow Scheme, and the tax treatment of payments to New Zealanders stranded [...]

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New tax measures announced

By |September 13th, 2020|Categories: IRD|

[ad_1] A Supplementary Order Paper to the Taxation (Annual Rates for 2020–21, Feasibility Expenditure, and Remedial Matters) Bill contains two measures proposed by the Government. These are: - Amendments to simplify the administration of unclaimed [...]

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Prepare your practice at the Canada Remote Roadshow

By |September 13th, 2020|Categories: Xero|

[ad_1] Working at Xero for a while, I had the opportunity to attend the first round of Xero Roadshows in Canada during the spring of 2018. This is when I decided I wanted to officially [...]

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Application date for loan scheme extended

By |September 12th, 2020|Categories: IRD|

[ad_1] The Government has announced that the application date for the Small Business Cashflow Scheme has been extended to 31 December 2020. See the Minister of Revenue’s media statement for more information. [ad_2] Source link

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Rebuilding Australia: Unstoppable women thrive working 2,500km apart

By |September 12th, 2020|Categories: Xero|

[ad_1] This article first featured in: Rebuilding Australia: the role of small business. This report uncovers the impact of COVID-19 on different industries across the country. For more insights and help for small businesses check [...]

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Repeal of child support incremental penalties proposed

By |September 11th, 2020|Categories: IRD|

[ad_1] A Supplementary Order Paper (SOP) to the Child Support Amendment Bill was released today by the Hon Stuart Nash, Minister of Revenue. The proposed changes in the SOP would repeal child support incremental penalties [...]

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Got paid? Thank your payroll professionals #KeepUKPaid

By |September 11th, 2020|Categories: Xero|

[ad_1] This year more than ever, the payroll profession, like others, have been challenged to their extremes. They’ve been essential in supporting businesses with their finances, namely making sure the UK workforce gets paid. To [...]

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Website refresh – feedback welcome

By |September 10th, 2020|Categories: IRD|

[ad_1] We’re refreshing the Tax Policy website, in line with other Inland Revenue websites. A beta test version of the site is now available to view. Please take a look and tell us what you [...]

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ANZ Online Business Lending, Xero integration offers faster decisions

By |September 10th, 2020|Categories: Xero|

[ad_1] In these challenging times, access to capital may be more important than ever for Australian small businesses. Some need help filling gaps in cash flow while others are actually expanding, thanks to new business [...]

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Special report on tax amendments in COVID-19 legislation

By |September 9th, 2020|Categories: IRD|

[ad_1] A special report on the tax amendments in the COVID-19 Response (Further Management Measures) Legislation Act (No 2) 2020 is now available. The Act was enacted on 6 August 2020. Coverage of the tax [...]

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Xero On Air: The apps to transform your practice

By |September 9th, 2020|Categories: Xero|

[ad_1] Smartphone apps have transformed the way we live and interact with the world. From checking our bank balance on the go, to sharing videos with friends, even mundane tasks like managing the household shopping [...]

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Website refresh – feedback welcome

By |September 8th, 2020|Categories: IRD|

[ad_1] We’re refreshing the Tax Policy website, in line with other Inland Revenue websites. A beta test version of the site is now available to view. Please take a look and tell us what you [...]

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