16/02/2023
Welcome back to our Weekly Digest. Read on for the latest updates in tax, accounting and the economy.
16/02/2023
The government seeks SME thoughts on payment times
Small Business Minister Julie Collins is urging small and medium businesses to share their thoughts for a government review regarding accelerating payment times between major companies and their suppliers.
ATO seeks to boost the use of eInvoicing
eInvoicing is a digital system that allows businesses to send and receive invoices through their accounting software, eliminating the need for physical documents, scanned papers, or PDFs. However, less than 1% of businesses have adopted it.
Real estate auctions pick up again
After a severe lull following the pandemic, auction volumes are gaining steam once more. The increase is attributed to the end of a holiday lull and stabilising real estate prices.
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We are currently working through the December 2022 Qtr BASs.
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