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...

Christmas Parties, Employee + Client Gifts and FBT

The tax outcomes for client gifts, employee gifts and Christmas parties are so complicated and confusing. We’ve simplified things for...

Director Penalties for Unpaid Super – Changes To The Law

Company Directors can be held personally liable for a company’s unpaid employee superannuation. The unpaid superannuation is (after three months)...

5 Things To Make Or Break Your Business This Christmas

The countdown to Christmas is now on and we’re in the midst of the headlong rush to get everything done...

Are You Paying Your Staff Correctly? Woolworths $200m Remediation

Woolworths is the latest company to facing a fallout from the underpayment of staff. In what is believed to be...

Can The Tax Office Take Money Out Of Your Account?

You might have seen the recent spate of media freedom advertisements as part of the Your Right to Know campaign....

Vacant Land Deduction Changes Hit ‘Mum & Dad’ Property Developments

Legislation that passed through Parliament last month prevents taxpayers from claiming a deduction for expenses incurred for holding vacant land....

The $11.1bn Small Business Tax Shortfall

Last month, the ATO released statistics showing small business is responsible for 12.5% ($11.1 billion) of the total estimated ‘tax...

Rental Property Expenses – What You Can & Can’t Claim

It’s not uncommon for landlords to be confused about what they can and can’t claim for their rental properties. What...