NQ Accounts

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ATO 'hellbent' on chasing down $34bn in small business debts Insolvency professionals warn the Tax Office is using DPNs and legal action to take a "far more aggressive" recovery stance.

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Lost receipts to cost SMB owners $948m in unclaimed expenses SMB owners are expected to miss out on claiming an estimated $948 million in unclaimed expenses due to damaged or lost receipts, research by Intuit QuickBooks reveals.

Tax agents have been told to readjust their expectations around payment plans and penalty remissions as the ATO toughens its approach on tax debts.

ATO takes ‘stringent’ stance on GIC remissions as part of debt clampdown

The ATO continues to crack down on collections for outstanding balances..

DPNs surge to over 18,000 as ATO ramps up activity The ATO is adopting a range of targeted strategies as it clamps down on the growth in collectable debt.

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ATO expands employment tax crackdown through random audits Grant Thornton says the novel tactic involves "all-encompassing" reviews of businesses’ PAYG, FBT and superannuation obligations.

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"Quality is never an accident; it is always the result of high intention, sincere effort, intelligent direction and skilful ex*****on; it represents the wise choice of many alternatives."

-William A. Foster

Our team of experienced accountants are dedicated to simplifying income tax and identifying opportunities for our clients. We strive to deliver the best possible outcomes for you and your loved ones, ensuring that you always stay on top of your finances.

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Our mission is to simplify your financial path and help you achieve your goals. From accounting to taxation, we're here every step of the way. Let's start your journey today!

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Taxation & Accounting Services | Northern Queensland At NQ Accounts, we specialise in business & personal taxation & accounting services in Northern Queensland. Let our team help by calling 0448 849 445 today!

We serve Townsville, Cairns, Ingham, Ayr, and more. But we're also here for our Queensland-wide clients. Get directions using the map below!

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Explore Our Wide Range of Services
- Tax & Accounting
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Accounting Solutions | Northern Queensland | NQ Accounts At NQ Accounts, we’re your local accounting experts, offering a range of taxation & business solutions in Northern Queensland. Call us today on 0448 849 445.

NQ Accounts offers friendly and professional accounting services tailored to you. Manage your personal, family, and business taxes effectively. Your satisfaction is our guarantee. Contact us today!

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