Single Touch Payroll (STP) - Updates


For employers who began using Single Touch Payment (STP) before 1 July 2018, the ATO has provided further information regarding employee pay summaries for 2017/18 and how they may change using...

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Xero Platinum Award


XO Accounting has received their award for elevating to Platinum Status as a Xero Partner.

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XO Accounting Committed to Data Security


The growth of identity theft and in particular Tax File Number theft on the rise XO Accounting have increased our efforts in keeping our client’s data safe.  Recently XO Accounting partnered with...

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XO Accounting Elevated to Platinum Status at Xero


Recently it was announced by Xero that XO Accounting had been elevated to their highest level of Partner Status of Platinum which reflects XO Accounting’s ongoing commitment to the benefits that...

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Xero Training Portal


Want more insight into the workings of Xero accounting software? Whether you are switching software or using one for the first time, we at XO Accounting know that learning a new online system can...

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ATO Garnishees Full Steam Ahead


Back in early April the Four Corners program aired a segment on the conduct of the ATO.  A large portion of the program was devoted to the ATO management's instructions to staff to ignore their...

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FBT Exemptions Clarified


The ATO recently issued a Draft Practical Compliance Guideline PCG 2017/D14 which was designed to provide individuals more transparency and certainty about when the ATO won't apply compliance...

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The Rise of Cryptocurrencies


A primary reason for the increased interest in cryptocurrencies over the last few years is it's volatile value. As at January 2017, the market capitalisation was under $US20billion, by January...

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Management Reporting: To Be or Not To Be


We are in an age of big data and technology, which often brings with it an overwhelming amount of information. For business owners, the challenge with this is not what is available but more what...

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Get Ready for Single Touch Payroll


Single Touch Payroll (or 'STP') will become required from 1 July 2018 for 'substantial employers', being those with 20+ employees. On 1 April 2018, employers must count the number of employees...

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