Australian business and tax software providers are taking a growing interest in using Artificial Intelligence, according to the Australian Taxation Office.
Employers will have to lodge super contribution into employees’ funds within seven days of their regular payday from July 1, 2026, or face additional charges and penalties.
Xero has moved to boost its SME accounting software’s reporting and analytics features, announcing plans to acquire Sift Analytics in a deal valued at $US70 million.
The new offering, branded Buddy Telco, will be connected to all 121 NBN points-of-interconnect but provided on a self-service basis with fewer support options.
Currently, any taxable entity can claim GICs and SICs as a tax deduction on their tax return. However, a federal government is planning laws to change that.
Australian business and tax software providers are taking a growing interest in using Artificial Intelligence, according to the Australian Taxation Office.