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    Financial and Business News

  • Hot Cross Buns - Accru Melb
    Staff Stories

    The curious reason why this Easter treat is GST exempt!

    April 15, 2019

    We all love a good Hot Cross Bun at Easter time but did you know they are GST free? Let Gareth explain why… In the lead up to the 1993 federal election, the seemingly simple question of GST and cakes is famously thought to have turned an ‘unlosable’ election. Now that GST has been with […]

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  • Business owner happy - Accru Melb
    Tax

    How the instant asset write off scheme just got better!

    March 8, 2019

    Instant asset write off scheme announcement. The Government has recently announced and introduced legislation to Parliament for an extension to the instant asset write-off scheme for small business. The scheme, introduced on May 12th 2015, has allowed small businesses to completely write-off as a tax deduction purchase of assets up to $20,000 in the year […]

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  • Logbooks 2 - Accru Melbourne
    Tax

    Log books & motor vehicle deductions

    August 27, 2018

    Let’s talk about log books!  As we start the new tax year, it’s time to start thinking about log books. Log books are your way of justifying claims for motor vehicle deductions for Fringe Benefits Tax (FBT) purposes.  What is a log book? Log books are a record of work related travel over a period […]

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  • Picking the right bank for you - Accru Melbourne
    Lending

    Let’s talk about picking the right bank for you!

    August 3, 2018

    Picking the right bank is an integral part of handling your financial affairs but how do you decide? The decision of which bank you should use is one that is far more significant than what you may realise. Your bank is your main point of call for all your financial matters and can easily become […]

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  • Bitcoin Cryptocurrency ATO Tax - Accru Melbourne
    Tax

    The ATO and Bitcoin – what investors in Cryptocurrency need to know

    May 2, 2018

    Cryptocurrencies and Taxes Bitcoin has been a whirl wind over the most recent financial year. All of us know at least one person who has made and lost a fortune in this innovative investment. This naturally has caused the Australian Taxation Office (ATO) to be interested in the goings on of this phenomenon and have […]

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  • Cloud accounting software - Accru Melbourne
    Business Advisory

    Cloud backups: Should you be doing more?

    September 26, 2017

    The benefits of cloud accounting are now well established. If you aren’t aware of these, you should contact your accountant immediately to discuss the business benefits you’re losing by not being part of the cloud software community. One of the benefits of cloud software is the security it provides by utilising the servers of large and secure […]

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