ATO Focusing On Small Business Taxpayers

ATO Deputy Commissioner for Small Business Ms Deborah Jenkins has given an address on matters relating to small business taxpayers. Issues discussed include the small business income tax gap, the ATO’s compliance focus for small businesses and how the ATO addresses risks in the small business industry.  Read on for more information

Xero vs MYOB Comparison – A Second Opinion

MB+M Business Services brings you another article: Xero vs MYOB Comparison – A Second Opinion   Xero vs MYOB AccountRight Live Comparison – A second Opinion This comparison was written by Charles Klvana, Xero Partner of the Year for 2013. It is in response to a comparison of the same programs by Pam Pitt, MYOB Partner … Continue reading “Xero vs MYOB Comparison – A Second Opinion”

ATO Increasing Emphasis On Debt Recovery

Taxpayers falling behind on tax debts and lodgement obligations can soon expect contact from the ATO in the wake of JobKeeper ending.

The change in approach comes after the ATO began sending letters to taxpayers in February to warn them of potential sterner action if they failed to make good on their obligations and had refused to get in touch with the Tax Office.

The ATO has stated that from the end of March 2021, where appropriate, penalties will resume.

Your PAYG Withholding & BAS Statements are due on 21st March

This reminder comes from the MB+M Compliance team to provide you with a “heads-up” that your PAYG Withholding & BAS Statements are due on 22nd February. They outline what you will need to review before finalising each of these statements. If you have questions, or need some assistance, then you can contact the Compliance team on 03 5821 9177.

Australian Tax Office – What’s due in April 2021

List of due dates for the Australian Taxation Office for April 2021

Your annual activity statement is due soon

This reminder comes from the MB+M Compliance team to provide you with a “heads-up” that your PAYG Withholding & BAS Statements are due on 22nd February. They outline what you will need to review before finalising each of these statements. If you have questions, or need some help, then you can contact the Compliance team on 03 5821 9177.