Complimentary financial health check
During Seniors week 2012 South East Access will be offering to new and current clients a free financial health check with our financial planner. read more
What is cloud based software for business and why is there so much debate going on?
In simple terms, cloud based software is where the software that would normally reside on your own computer, is moved to an online storage facility. OK you might say, but what is the problem. The issues surround the fact that it is not only the software, but your business data that is moved into this online storage facility. Still OK but have you considered: a privacy issues (how many people have had their credit card details hacked and made available to third parties data ownership. The data ownership issue is the real big unknown. read more New National Business Names Registration System
A new National Business Names Registration System is being launched later this year. Once the new system has commenced, all business name registrations will be managed and administered by the Australian Securities and Investments Commission (ASIC). Business Name Registration Your existing business name registration will automatically be transferred over into the new system. read more
Simplify and automate your accounting
South East Access are offering to any new client, the Banklink processing FOR FREE for 6 months if they sign up before 28 February 2012. read more
Charities taxation ruling released
The ruling explains our view of the meaning of ‘charitable’ for the purposes of the terms ‘charitable institution’ and ‘fund established for public charitable purposes’ where they are used in income tax and fringe benefits tax legislation. On 12 October 2011, the Australian Taxation Office (ATO) released Taxation Ruling for Charities. More info at TR 2011/4 Income tax and fringe benefits tax: charities read more
Beaware of tax return scams
Tax Commissioner Michael D’Ascenzo has reminded the community and businesses to be aware and alert to scams claiming to be from the ATO. read more Fraudulent emails about e-Tax
Fraudulent emails are circulating which pretend to be from the Australian Tax Office. Using social engineering tricks the criminals behind these emails try to trick you into providing personal information as a pretext to receiving a tax refund. This personal information can be used by the criminals to steal your identity. The subject of the email may contain wording the same as, or similar to: E-tax 2011 The from line of the email may contain wording the same as, or similar to: e-tax@ato.com This is a scam. The emails may include links to web sites that attempt to trick you into supplying personal details, such as your name, date of birth and credit card details (in order to receive the fake refund). Providing the information requested is likely to mean that your personal and/or business information may be accessed for fraudulent or illegal purposes. As the end of the financial year approaches it is likely there will be an increase in scams similar to this. What we recommend you do If you receive an email similar to this one, do not reply or click on the links in the email. If you have provided personal information that includes your credit card [...] read more
Warning on tax scams
During the busy tax season, scammers will try to catch you off guard using phone calls, letters, text messages, emails, bogus websites and even false job advertisements to trick you into providing your personal details, banking information and pay money. read more
Flood levy information for employers
From the 1st July 2011 the Federal Government has increased the amount you need to take out of your employees salaries /wages by 1% for the Flood levy. read more
Changes to the minimum wage
Following its 2011 Annual Wage Review, Fair Work Australia has increased the modern award minimum wages by 3.4%. This increases the minimum wage to $589.30 per week or $15.51 per hour. read more
