Recent warnings from the Australian Taxation Office (ATO) and Australian Securities & Investments Commission (ASIC) has highlighted the number of fraudulent and unsolicited emails, SMS and phone calls.
Scammers, pretending to be from these organisations have been contacting people asking them to pay outstanding debt and fees and to disclose personal information.
Comprehensive Credit Reporting is a change to credit reporting by banks in Australia. In line with other financial service providers, and a number of banks have elected to participate immediately. Under the new comprehensive credit reporting system, your credit reports will show more information about your credit behaviour for home loans, credit cards and personal lending applications.
MEDIA RELEASE. As Patrick Rowan & Associates Accountants celebrates 45 years in business, founder Patrick Rowan reflects on the vast changes not only in technology but also people and culture. It’s 1973, Gough Whitlam begins his tenure as Prime Minister of our country. Young entrepreneur, Mr Patrick Rowan takes the plunge and starts out in business. Founder of Patrick Rowan & Associates, a local Accounting and Business Advisory firm, Mr…
What is Single Touch Payroll? Single Touch Payroll is a compulsory reporting change for employers with 20 or more employees across all grouped companies. It starts from 1 July 2018. You will need to report to the Australian Taxation Office (ATO) payments such as salaries and wages, pay as you go (PAYG) withholding and superannuation information each time you pay your employees.
There have been a number of developments recently in the area of Director’s Penalties and Tax Debts. In this article Patrick Rowan & Associates review the potential liabilities of business owners and directors. Important reading for all business owners and directors.