To make sure all BOSS virtual accountants and staff are kept abreast of all changes within the Australian Taxation guidelines, BOSS (Back Office Shared Services) Pty Ltd has written up the new schedule for the first quarter of 2021 accountant training program. BOSS provides this training program roughly every second Saturday of each month in January, February & March 2021 which gives BOSS clients peace of mind in the knowledge that their BOSS outsource accounting staff are constantly updated on all Australian changes. Because of the current world situation with the Covid virus, BOSS wants to ensure staff safety therefore until further notice tax training will be held online through Google Meet. Each training session starts at 8.30am and concludes at 1pm, Indian Standard Time.
For further information on the BOSS twice monthly tax training program please visit BOSS at the Training and Supervision website page.
Specific areas of the first quarter of 2021 Outsourcing Accounting Training that are being covered include:
Training Schedule for January’s Twice Monthly Saturday Sessions (January 9th and January 23rd) – Updates on Australian Taxation 1, held over the January sessions – a. All Xero Updates b. Inter entity restructuring & Tax planning c. ATO Cashflow Boost & PSI d. Trust Estate & Tax Liabilities Training Schedule for February’s Twice Monthly Saturday Sessions (February 6th and February 20th) – Updates on Australian Taxation 2, held over the February sessions – e. Small Business Exemption- Depreciation,Stock & Prepayment & f. Non Commercial Losses g. Finalization and Tax Planning of Health Care, BAS for Doctors and Foreign Rental Property h. Research and Development tax incentive Training Schedule for March’s Twice Monthly Saturday Sessions (March 6th and March 20th) – Updates on Australian Taxation 3, held over the March sessions – i. Division 7A j. Company Finalisation (Loss, Franking Credit, Dividend,Tax Reco) k. Main Residence Exemptions When Prasad.T.H, Senior Manager of BOSS (Back Office Shared Services) Pty Ltd was asked about the reason why BOSS provides free tax training to all their outsourced staff, Prasad said, BOSS offers this compulsory training to ensure all BOSS accounting staff are kept up-to-date with any adjustments that the Australian taxation office has made, therefore BOSS clients can relax knowing all the hard work is taken care of. Having all the training done for clients removes time constraints involved with training staff and also frees up costs that accounting firms would normally spend on keeping their staff educated on changes. Tax training is mandatory. The meeting will start with preparing for the training, this includes preparation of a questionnaire. The meetings will always include two quarter hour breaks and will finish at 1pm.
All BOSS outsourced bookkeeping and accounting staff can find the most recent information regarding the free training service at Training and Supervision. Clients and prospects who have any specific questions about the training can contact BOSS Pty Ltd (Back Office Shared Services) via their website
About BOSS, BACK OFFICE SHARED SERVICES PTY LTD
BOSS (Back Office Shared Services Pty Ltd) was founded in 2004 to provide skilled accountants and bookkeepers on a full-time, part-time and casual basis to commercial enterprises, accounting and financial services firms in Australia.
BOSS India is a subsidiary of BOSS Australia and runs just like an ultra-modern paperless Australian public practice because the Director and Accountancy Practice Principal, Peter Vickers, has been operating his own successful Australian public practice for over twenty years.
