Accounting and bookkeeping software provider Reckon is rebranding its well-known Quicken and Quickbooks products to its Reckon brand. It is also developing cloud-based applications to stay competitive, and adding new services to be more comprehensive in its business. The cloud is where everything seems to be going at the moment and it seems software companies Read More…
Instant Asset Write Off
Thursday 12 December, 2013 by
INSTANT ASSET WRITE OFF This is an update just released by the Tax Office that relates to small business with sales under 2 million. There is a draft Bill currently under debate in Federal Parliament which seeks to repeal the $6,500 instant asset write off, as well as the $5,000 accelerated motor vehicle deduction. It seems Read More…
New Financial Planning Rules For 2014
Wednesday 11 December, 2013 by
According to the Financial Review, accountants should brace for upheaval. A triple-whammy of technological change, audit reform and new financial planning rules will hit the accounting profession in 2014. It will force career changes and consolidation, and create clients who are less dependent on their accountants. Many accountants report business activity has picked up since Read More…
