Financial Year Wrap 1 Jul 22: Best & worst performers of FY22

by CommSecTV 

1 Jul 2022

The Australian sharemarket has fallen by 10% over the past financial year, as central banks scampered to unwind stimulus that had been put in place at the height of the Covid emergency. The Utilities and Energy sectors were the clear stand outs.

50 years of Australia’s population in 50 seconds

by ABSstatistics 

Celebrating 50 years of the Estimated Resident Population data in Australia – a time series that spans from 1971 to 2021. Watch this short animation to find out key population differences in the last 50 years. Read more at https://www.abs.gov.au/articles/50-ye…

Consumer Data Rights – How it Works

by ACCC

28 June 2020

The Australian Government has introduced Consumer Data Right in Australia. Consumer Data Right will give consumers, including individuals and business, a secure way to control which businesses have access to their data. This will improve the way consumers can compare and switch between products and services. It will also encourage competition between service providers, leading to more innovation and better prices. This video covers how Consumer Data Right works in practice. For more info on Consumer Data Right, head to https://www.cdr.gov.au/.

Choice, Control, Convenience!

GST Withholding for Certain Taxable Sales of Property

by ATO

From 1 July 2018, purchasers of new residential premises or subdivisions of potential residential land will need to pay the GST component of the purchase price directly to the ATO on or before settlement.

Need more information or advices, please CONTACT US on 02 8041 2023.

GST Registration And Property Development

by ATO

If you’re developing a property and intending to sell a property at a profit, you may need to register for GST.

Need to register or more information, please CONTACT US on 02 8041 2023.

Single Touch Payroll

by ATO

Single Touch Payroll is a reporting change for employers with 20 or more employees.

Need more information or advices, please CONTACT US on 02 8041 2023.

Closing Your Company

by ASIC

Even if your company has stopped trading, it’s still registered with ASIC. This means that you must still meet the legal obligations of a company, including paying the annual review fee. It’s a good idea to consider de-registering a company if it’s no longer needed.

Need a help, please CONTACT US on 02 8041 2023.

Xero | Run your business, without the drama

by Xero

Buried under a mountain of paperwork? Let us help you escape into the world of Xero. Chasing payments, confusing financial information and tax mysteries will be a thing of the past. So you can get out from behind the desk, and do beautiful business.

Need a help to choose a suitable Xero subscription (including Xero business editions and accounting practice only editions, such as Xero Leger, GST or Non-GST Ledgers & Payroll Only Plan), please CONTACT US on 02 8041 2023. 

Send & Receive E-Invoices

by Xero (AU)

Business with the e-Invoicing network so you can send and receive e-Invoices in Xero.

How China Is Changing Your Internet

by The New York Times

In China, a sheltered internet has given rise to a new breed of app, and American companies are taking notice. What was once known as the land of cheap rip-offs may now offer a glimpse at the future. With companies like Alibaba, WeChat, and Tencent US companies have taken notice to a new generation of Chinese technology companies.

The Future Of Good Food in China

by TED Talks

Fresh food free of chemicals and pesticides is hard to come by in China: in 2016, the Chinese government revealed half a million food safety violations in just nine months. In the absence of safe, sustainable food sources, TED Fellow Matilda Ho launched China’s first online farmers market, instituting a zero-tolerance test towards pesticides, antibiotics and hormones in food. She shares how she’s growing her platform from the ground up and bringing local, organically grown food to the families that need it.