Tax Tips

  CHANGES TO PERSONAL INCOME TAX RATES

The government has announced it will bring forward changes to the personal income tax rates that were due to apply from 1 July 2022, so that these changes now apply from 1 July 2020 (i.e., from the 2021 income year). These changes involve: - Increasing the upper threshold of the 19% personal tax bracket from $37,000 to $45,000; and - Increasing the upper threshold of the 32.5% personal income tax bracket from $90,000 to $120,000.

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MYOB BankLink Business Solutions

MYOB BankLink Business Solutions assist in managing your business without the complexity of a full cash book:

The benefits:

  • Easy to install software
  • Quick and simple to use

MYOB BankLink Invoice Plus

MYOB BankLink InvoicePlus MYOB BankLink InvoicePlus speeds up the invoicing process so you can spend less time in the office and more time on your business.

With MYOB BankLink InvoicePlus, you can:

  • Maintain your customer database
  • Issue quotes
  • Raise invoices
  • Enter receipts
  • Create credit notes
  • Produce statements
  • run reports

Along with MYOB BankLink PayablesPlus, MYOB BankLink InvoicePlus offers a simple solution for managing debtors and creditors without the complexity of a full accounting system.

MYOB BankLink PayablesPlus

MYOB BankLink PayablesPlus is an easy to use creditor's solution. It allows you to track incoming invoices and credit notes – speeding up the payment process to allow you more time to run your businesses.

With MYOB BankLink PayablesPlus, you can:

  • Maintain your supplier database
  • Add notes to invoices, credit notes and payments
  • Match credit notes against invoices
  • Generate a wide range of reports
  • Use our Chart of Accounts to categorise business costs

Along with MYOB BankLink InvoicePlus, MYOB BankLink PayablesPlus offers a simple solution for managing debtors and creditors without the complexity of a full accounting system.