ATO cash economy
Continued focus on the cash economy ATO Assistant Commissioner Peter Holt has announced that, in the 2019/20 financial year, the ATO will be visiting a further 10,000 small businesses across the country. He further said that businesses that advertise as ‘cash only’ and businesses that are operating outside of the ATO’s performance benchmarks for their […]
Xero case study
Transposition error gets bookkeeper the snip Eve runs a successful hair salon in The Hills and has a friendly, professional manner that all her devoted clients love. She is also a conscientious business owner and knows how easily the books can get on top of her, which is why she appointed an external bookkeeper from get-go. This […]
Meet Senior Accountant, Daniel Carlino CPA
Daniel Carlino CPA Omnis Group Senior Accountant As a Certified Practising Accountant, Daniel Carlino manages Omnis Group’s clients by reviewing Business Activity Statements, financial accounts and income tax returns for individuals, partnerships, trusts and companies. He has a strong understanding of how best to work with small and medium enterprise, likely because Daniel hails from […]
Inactive ABNs
Inactive ABNs will be cancelled by the ATO The ATO has recently advised that, in an effort to maintain accurate data, the Australian Business Register (ABR) periodically checks its records for Australian Business Numbers (ABNs) and automatically cancels those that appear inactive. Ultimately, a taxpayer’s ABN may be cancelled if they: have told the ATO […]
