Show Notes
This is a live recording of our inaugural live web event.
The chat box exploded as the audience interacted with this weeks show and with the awesome feedback we promise Trenches Live will be back soon.
After the usual best and Worst BGL Founder and CEO Ron Lesh is taken of the Lesh and delivers his usual direct shot of reality into the debate amidst calls from the chat box for him to run for PM!
Lee Duffield from All in Advisory and Nat Lennon from Two Sides Accounting, two brilliant public practitioners, join to answer the questions that matter from those in the trenches What did you learn about yourself? Has your relationship with your business changed?
News round up
Best on Ground Paul Meissner
Accountants and Bookkeepers handling JobKeeper, cash boost, etc. Psychologist (client) story.
Robyn Jacobson moves to the TIA. Interesting given this puts a tenacious advocate for taxpayers in to an organisation that has some clout. Could we see better advocacy from professional bodies?? https://www.taxinstitute.com.au/timediarelease/the-tax-institute-appoints-tax-leader-robyn-jacobson-as-senior-advocate
Tax jokes in TV series. Schitts Creek (Netflix) very funny scene on trying to claim personal stuff as a business expense. https://www.linkedin.com/posts/mark-newman-accountant-for-builders-electricians-trades_thats-not-a-write-off-scene-from-schitts-activity-6661776582073425920-5a0y
David Boyar
Early suggestions of tax reform - Nixing Consumption taxes the way GST intended https://www.linkedin.com/feed/news/car-sales-cut-in-half-by-pandemic-5185554/
Is the VCFOA back, great job and reframing different types of advice during a recession https://vcfoassociation.com.au/surviving-and-re-booting-are-2-separate-problems/
The DropBox Blog is beautiful. Relevant and https://blog.dropbox.com/topics/work-culture/distributed-work-setting-boundaries?utm_source=twitter&utm_medium=social&utm_campaign=distr-work&utm_content=boundaries
Worst on Ground Paul Meissner
Professional bodies lack of real support during this time Ineffective in Canberra No tools/resources No additional member contact, not even an email from the org, ceo, etc Only contact was selling/promoting products Hey hey CA video’s, I get it, it was fun, but where’s the practical effort.
David Boyar
Small biz accountants not at the table in canberra and thats why everyone got stressed. The cause of stress wasn’t the ATO updates, it was that legislation did not consider how small biz accountants advise clients. ATO forced to run on its feet 3 big red marks - Accountants exemption, Franking credits, JK rules Bodies did an excellent job explaining AFTER the fact
Accountants continually unsung https://twitter.com/LieletteCalleja/status/1258218705571311616
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My Father was a public practitioner for 40 years and my family lost him this year.
This show was recorded in mid February but thanks to Dave being busy getting the ChangeGPS new TaxPlan Advanced product ready we had a delay getting it out. Oh how we long for the days 6 years ago when we'd record and publish in a 2 minute workflow.
While the entire world changes in response to war, inflation, the Covid Era work habits that are sticking round and Jim Chalmers attempt to alter the course of capitalism, our pertinacious host Paul Meissner proudly declares that TECH WILL NOT CHANGE (even though he knows ChangeGPS will drop 3 new products this year)!