Blog

Updates & news from The Field Group Accounting

Xero vs. MYOB – Which Accounting Software Is Best For Your Small Business?

Xero vs MYOB – Which accounting software will best suit your business? Accounting software has come a long way over...

Important Changes to Victoria’s Long-Service Leave Laws

Changes to Victoria’s long-service leave laws are now in effect as of November 1st, 2018. The updated legislation will impact...

Travelling To & From Your Investment Property

From 1 July 2017, new rules came into effect that prevent taxpayers claiming a deduction for expenses they incur travelling...

Accelerated Tax Rate Reduction For Small Business

Small business is still a vote winner with the Government and Opposition teaming up to accelerate tax cuts for the...

Xero Increases Fees For Users – Will This Affect You?

Starting from 28 September 2018, Xero subscribers will see a price hike on all plans apart for those on standard,...

Smart Watches Confirmed Fringe Benefit

The ATO has made a ruling which allows a popular smart watch to be deemed a portable electronic device for...

Xero Security Updates For Users

Earlier this year, Xero informed accountants & bookeepers they would would start reaching out to customers about the need to...

Fodder Storage Assets Allowed Immediate Write-Off

The cost of fodder storage assets, such as silos and hay sheds, used to store grain and other animal feed...

What Home Office Expenses Are Allowed?

If you perform some of your work from your home office, you may be able to claim a deduction for...