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HOW IT MAY EFFECT YOU Individuals and families The government will not proceed with the standard deduction for work-related expenses. The 50% tax discount for interest income will not proceed. A means test will be introduced for the net medical expenses tax offset (NMETO) from 1 July 2012. For people with adjusted taxable income above […]

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Accounting Software…

Using accounting software saves hours of time compared to handling the books manually and is usually more efficient than using spreadsheet. This is because accounting software reduces or eliminates redundant data entry, like entering the customer’s address on the quote, then the work order, and then the invoice.If you are a sole proprietor with no employees, low […]

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