SAKS Financial Blog - Business Accounting Insights

SAKS Financial Services Blog

  • ATO Extends Work From Home Shortcut Method
    ATO Extends Work From Home Shortcut Method COVID-19 pandemic has made many individuals work from home. According to the Australian Bureau of Statistics (ABS) data in June 2021 37% of people with jobs one or more times a week compared to 24% in March 2020. In Victoria, 57% of people worked from home throughout the […]
  • Single Touch Payroll (STP) Phase 2 is on the Horizon
    Single Touch Payroll (STP) Phase 2 is on the Horizon Single Touch Payroll (STP) is a reporting framework introduced by the Australian government enabling the employers to automatically submit payroll and superannuation information to Australian Tax Office (ATO). This STP scheme has been mandatory to follow for employers since 1st July 2019. Majority of small […]
  • Update on Australian Government’s Recent Grants During Covid-19
    Update on Australian Government’s recent Grants during Covid-19 Covid-19 was not limited to 2019 but also spread its wings to 2020 and 2021 with many variants appearing once every few months. The pandemic has made a serious holistic impact on people, communities, and businesses around every corner of the world. Australian government responds to these […]
  • Importance of Lodging BAS on Time and Challenges to Meet the Deadline
    Importance of Lodging BAS on Time and Challenges faced by Bookkeepers to Meet the Deadline Are you lodging BAS on time? If you’re registered in GST then you have to keep BAS and its very important lodging on time to government. But sometime when you lodging BAS, bookkeepers have to face some troubles. lets talk […]
  • Bringing Future to the Present with technology in Financial Planning
    Bringing Future to the Present with technology in Financial Planning Is Technology the Future of Financial Planning? The main job of a financial advisor is to give financial advice to clients and traditionally, most of the advisory process happened face-to-face. But the world has come to a point where meeting a person face to face […]