Consumer Law Changes in July 2021

July 1 increase The financial threshold definition for consumers protected by consumer law will increase from $40,000 to $100,000 effective from 1 July 2021 Businesses selling goods or services valued up to $100,000 are required comply with the consumer guarantees set out and published as required by the ACL. What are Consumer Guarantees? Consumer guarantees […]

ATO Audit warning to contractors

Using data from the Taxable Payments Reporting System (TPRS) the Australian Taxation Office has discovered that more than $172 billion in payments made to contractors has not been properly declared. The ATO is using this data to contact contractors in the cleaning, road freight, building and construction, courier, information technology, investigation, surveillance, and security industries […]

Venessa – Bookkeeping Announcement!

We are pleased to announce some new additions to our already first class bookkeeping service. Venessa now heads our Xero Bookkeeping team, bringing her vast experience from a variety of industries. Venessa is our most senior bookkeeper and a Xero Certified Adviser. Currently studying for her Diploma in Accounting, Venessa has been with Accountants 2 […]