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...

ATO Ramps Up Heat On Directors

Throughout March, the ATO sent letters to directors who are potentially in breach of their obligations to ensure that the...

What’s Changing On 1 July 2022?

A series of reforms and changes will commence on 1 July 2022. Here’s what is coming up: For Business Superannuation...

The 120% Deduction For Skills Training & Technology Costs

It’s a great headline isn’t it? Spend $100 and get a $120 tax deduction. Days after the Federal Budget announcement...

1 July 2022 & Superannuation Contribution Changes

Several key super changes which may impact your ability to contribute to your SMSF, are set to take effect from...

Are Your Contractors Really Employees?

Two landmark cases before the High Court highlight the problem of identifying whether a worker is an independent contractor or...

Immediate Deductions Extended

Temporary full expensing enables your business to fully expense the cost of: new depreciable assets improvements to existing eligible assets,...

Pandemic Leave Disaster Payments Rules Change

The rules for the Pandemic Leave Disaster Payment, the payment accessible to those who have lost work because they have...

PCR & RAT Tests To Be Tax Deductible/FBT Free

The Treasurer has announced that PCR and rapid antigen tests (RAT) will be tax deductible for individuals and exempt from...