Digital Era has started to Shape Futuristic Strategies Focusing on Customer satisfaction

In this world where anything can go viral and kill a brand’s reputation in a matter of hours, businesses need to be updated and deliver innovative, with seamless experiences every time. Leading the way, e-commerce giants such as Amazon are also making the customer experience an integral part of their company culture. With this in […]

Changes to How Tax Authorities apply Penalty Relief

From 1st of July 2018, Australian Tax authorities will not be applying a penalty to tax returns and activity statements where our eligible clients have made an unintentional error by failing to take reasonable care or have not made a reasonably arguable position. If the Tax Authorities find inadvertent errors in our client’s tax return[…..]

Modifications of Taxation on New property purchases

Australians have changed the way of collecting goods and services tax (GST) on some property transactions during the settlement. Effective 1 July 2018, buyers who purchase new residential premises or potential residential land, has to withhold an amount from the purchase price and pay it as a tax on or before settlement. Some transitional rules[…..]

Implications of GST Applied on Low Value Imported Goods

Effective 1st July 2018, Australian shoppers and overseas retailers initiate changes as the $1000 GST free threshold on low-value imported goods are being removed. Overseas retailers who sell more than $75,000 in goods annually in Australia will be required to collect GST at the point of sale. To date, overseas online orders such as tyres[…..]