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    Comments (0) ATO has commence actively report Tax Debts to Credit Reporting Bureaus
    Criteria for reporting business tax debts We may report your business tax debt if you meet the following criteria: You have an Australian business number (ABN) and are not an excluded entity. You have one or more tax debts and at least $100,000 is overdue by more than 90 days. You are not engaging with us to manage your tax debt. You don't have an active complaint with the Inspector-General of Taxation Ombudsman (IGTO) about our intent to report your tax debt information.
    Comments (0) Markup vs. Margin: What’s the Difference?
    It’s a basic sales principle: to make a profit, businesses must price products at a high enough level to cover costs. Both “margin” and “markup” are related to this principle but they’re not interchangeable, as the meanings vary slightly. What’s the difference between profit margin and markup?
    Providing credit to customers
    Comments (0) Providing credit to customers
    With the impact of the Pandemic it’s important for both Vendors and Customers to consider the need to revise payment and credit terms, and conditions.
    How to set-up a rebate program?
    Comments (0) How to set-up a rebate program?
    Purchasing decisions must factor in two important elements: the first is how to increase customer loyalty while maximising profit margins. The second is negotiating the best pricing agreement with suppliers. Achieving this balance is the underpinning of an effective rebates program. Having the ability to account for every dollar is critical when margins are tight, yet rebate programs can be complex and difficult to track. This blog explains how to simplify the process of managing rebates across your business.
    Chapter 11 Bankruptcy Provisions introduced in Australia for the first time
    Comments (0) Chapter 11 Bankruptcy Provisions introduced in Australia for the first time
    The federal government introduced the legislation to Parliament in November and the reforms represent the most important changes to Australia’s insolvency framework in 30 years. The legislation includes a new, simplified debt restructuring process that can be accessed by small businesses experiencing distress, which draws on key features of the Chapter 11 bankruptcy model in the United States and will apply to incorporated businesses with liabilities of less than $1 million.
    Best practice tips for getting paid on time
    Comments (0) Best practice tips for getting paid on time
    Get paid on time every time
    Better decisions with powerful, real-time insight into your financial performance
    Comments (0) Better decisions with powerful, real-time insight into your financial performance
    Better decisions with powerful, real-time insight into your financial performance
    Post Pandemic: Purchasing behaviour: ‘There will be some fundamental changes'
    Comments (0) Post Pandemic: Purchasing behaviour: ‘There will be some fundamental changes'
    Constellation Brands on COVID-19 era purchasing behaviour: ‘There will be some fundamental changes' E-commerce for beverage alcohol has exploded due to the pandemic – increasing around four times in volume, according to Constellation Brands. But that is only one change it sees in the way consumers shop.
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