With all the new technologies nowadays it is becoming more challenging for us keep on top of the technological advances, let alone new ways internet criminals (or often called scammers) can steal our money. In this article we will dig into a few common ways scammers can attempt to take our hard-earned dollars through emails, and also provide suggestions of what you can do (as an individual, or as a business owner) to reduce your exposure to scammers.
When your business is registered for GST, you know that you are able to claim a credit back on your next BAS for the GST you pay to your Supplier. But what happens when the Supplier is charging you GST when they aren’t actually registered to collect GST? You may pay them the extra 10% on their invoice but you are not entitled to claim that credit back from the ATO. If it has already been claimed, you may have to refund it to the ATO at a later date.
It is with great pleasure that we announce that Emily Yip has joined us as a partner from 1 July 2017.
A lot of our clients walk in the our door feeling frustrated about their current accounting software not being able to deliver what they wanted, or simply their system is out of date and is too costly to replace with a new software. There are also clients who are always on the go and find desktop software limiting their business to reach their full potential.
While speaking to them, we find most of the clients would love to try something else but are scratching their heads as to where to start.
Perhaps they haven’t met Xero!
If you have been wondering what all the fuss is about with Xero, here is a short video that outlines the story.
