31

Mar 2023

Problems With The Offshore Labour Hire Model

By: Odyssey Outsourcing
Tags: australian accounting, labour shortage, Offshoring, Outsourcing

I spoke to the director of an Australian firm last week who had staff resource issues, and he’d indicated he had both bookkeepers and compliance staff in an offshore location. He’d had these staff for a couple of years and had trained them up in both SMSF and compliance (company, trust partnership, sole trader and individual returns). This firm had …

09

Mar 2023

Remote working seems to be here to stay during challenging talent acquisition times

By: Odyssey Outsourcing
Tags: Australian Accountant, labour shortage, Outsourcing

The AFR recently noted that Bosses no longer mind (much) if you work from home and this seems to be driven from a recent survey which noted the top concerns of senior executives included: Employees working from home occupied a health 3rd position in the prior year’s survey, likely due to the unsettling times as a result of covid, coupled …

01

Dec 2022

Why you may never need to lodge a tax return again

By: Odyssey Uncategorised
Tags: Australian Accountant, Automation, compliance, Outsourcing, tax returns

Recently the Australian tax office postured that eventually there would be no need to lodge tax returns, as the ATO moves to a system of automatic data exchange which will end the annual lodgement requirements. Before we throw this thought as impossible, it’s worth considering Australia’s tax system versus other tax systems. In some other countries, the employer is responsible …