Author: Woottons

Changes to claiming working from home expenses

Before 1 July 2022, an individual taxpayer that incurred additional deductible expenses as a result of working from home, had a choice of three methods to claim these expenses.  These choices were: From 1 July 2022, as a result of the release of PCG 2023/1 by the ATO, the shortcut method and the fixed-rate method…
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Hubdoc to be included with Xero Business Subscriptions

Hubdoc to be included with Xero Business Subscriptions Key Points: Hubdoc is a data capture and document management solution for small businesses. Bills from suppliers can be forwarded to Hubdoc via email (or photos of receipts taken via the app). OCR technology is used to read the data of the bill/receipt and create a digital record…
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Signing Documents Electronically

Signing documents electronically is a fast, secure and cost effective way to authorise documents we have prepared on your behalf.

AUSkey is being replaced with myGovID

AUSkey is being replaced with myGovID If you are a business that accesses government online services like the Business Portal or the Small Business Clearing House the way that you login is changing from 27th March 2020. Key Points: AUSkey will no longer function from 27th March 2020 myGovID¬†verifies an individual’s identity. It is different…
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Tax Update – January/February 2020

Lifestyle assets continue to be an ATO audit target & MYEFO announcements