What is cloud based software for business and why is there so much debate going on?

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

Beaware of tax return scams

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

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

Unpaid directors fees

Tax Commissioner Michael D’Ascenzo has warned directors of private companies about claiming deductions for directors fees where amounts may remain unpaid by the end of the following income year. read more

ATO warns investors of tax time schemes

The ATO has warned taxpayers to steer clear of tax avoidance schemes as they prepare to lodge their 2011 tax returns. read more

2011 Budget Overview

Overview of the 2011 Federal budget, for more information on the 2011 Budget and its impact and changes to your business and tax returns contact the team at South East Access, phone 02 4454 4444. read more