Whilst the header on our blog this week mentions Outsourcing versus Employee Leasing, we should mention a third option being “DIY outsourcing”. So there are three options accountants may consider when looking at increasing Australian bookkeeping/accounting/tax compliance capacity within their firm. Business Processing Operation (BPO) Employee Leasing, sometimes referred to as Seat Leasing “Do it yourself” leasing BPO generally allows …
Tax Agents still upset at outsourcing work overseas
In a recent posting on the IPA website, titled: “Tax agent hits out at outsourcing work”, there was plenty of online comments from the Australian accounting community, proving the matter of outsourcing and offshoring is raising considerable angst and anger amongst Australian accountants. The article leads with an Australian tax agent indicating that outsourcing work presents an “unfair advantage” over …
Simple Australian “I” returns disappear from Australian Accountants’ Compliance work
Technology is changing the way taxpayers worldwide interact with tax authorities. And it isn’t any different in Australia. The move towards self-lodging is inevitable for many reasons. Looking back into last century, Australia has had e-tax software for self lodgement since 1999 and for 15 years it was the only way for self-lodging individuals to lodge their tax return online. The …
Self Driving cars will wipe out millions of jobs
Several years ago Google mentioned it was going to create a self driving car. Fast forward to mid last year and Uber rolled out 100 self driving cars in Pittsburgh after only setting up their Advanced Technologies Center (ATC) a year and a half beforehand. So what are the major ramifications of driverless cars anyway? How life changing could it be? …