What's happening at BMK Partners in February??
The BMK Team will be attending Xero & MYOB Roadshows this month. These workshop are designed to further educate our accountants to the latest technology in cloud accounting software and to demonstrate how it can help small business. A number of our clients have converted to cloud based accounting software and are pleased with the time saving results and the ability to share information with us. We look forward to discussing your accounting software options with you. Pride &
How does the ATO treat Uber, Airbnb style services? What you need to know
Uber is calling for drivers, Airbnb is seeking more hosts but what are the implications of becoming part of the sharing economy? The basics of tax apply regardless of how you earn money. That is, even though you may be earning income from different sources or using different platforms to generate income, the fundamental tax issues remain the same. You don’t have to be carrying on a business to pay tax on income you earn. And, given that so many of these services are through
Tax Scams Catching Out The Unwary
Every tax time is an opportunity for scammers to target the unwary. This time around, the scammers are phoning and claiming to be from the prosecutions department of the ATO. They then state that they believe you have committed fraud and the Sheriff’s Office has been called. You can of course make this all go away by transferring cash using the details they provide or by giving your details to them. All of it is fake. There are a number of variations to this fake arrest warra
