The myth of using AUSkey for online reportingPosted on 24 September 2012
Business operation has got easier with cloud computing not only from the way they use the web, store the files and interact with their customers, advisers, partners and employees but also various government agencies in terms of statutory reporting online.
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Meeting Increased Compliance Requirements with GovReportsPosted on 24 September 2012
According to the Lodgment Program, from 1st July 2013, tax practitioners need to be registered with Tax Practitioner Board (TPB), to submit electronic lodgments and achieve on time lodgment performance of 85% of client base.
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Sights on Cloud AccountingPosted on 24 September 2012
After delivering MYOB and Reckon data file integration into GovReports, Impact Management Group (Impact) is now ready to work on integration with Xero and SaaSu.
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Payment Option for OSR Payroll Tax Reports via SBRPosted on 18 September 2012
All State Revenue Offices participate the SBR program since inception with the initiative to reduce business reporting burden by using a single secure log on, AUSkey. As there is no standardised terms used across multiple agencies, interpretation of terms from one agency's reports to another can give a different meaning of same set of data.
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First Individual Tax Return on CloudPosted on 28 August 2012
There is no doubt that businesses are now progressively accepting cloud reporting as the way forward in meeting compliance requirements. To complete the gap for the modern accounting practice, Impact Management Group (Impact), announced another first for GovReports - reporting Individual Tax Returns (ITR) on cloud.
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Lodge BAS in a flash!Posted on 19 May 2012
Over 1.5 million businesses in Australia are using MYOB, Reckon and Quickbooks accounting software to prepare statutory reports like BAS and lodging to ATO via various channels. Realising the lodgment process is so cumbersome, Government introducing SBR channel to reduce the burden of the businesses. GovReports, an online SBR lodgment portal service allows the businesses, accountants and tax practitioners to lodge MYOB and or Reckon BAS Reports in a flash via SBR channel.
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Lodging PAYG Annual Summary Annual Reports online via SBRPosted on 19 May 2012
Advantages of cloud presence reflected in the payment summary processing by Australian Taxation Office [ATO] during 2011 tax season. For the first time in the history of ATO, the cloud technology played a major role in handling the very sensitive tax information of businesses and tax payers.
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Impact Releases FBT Form and Integrates MYOB with GovReportsPosted on 30 March 2012
Impact Management Group, the leading provider of Standard Business Reporting (SBR) solutions announced the release of FBT (Fringe Benefits Tax) form for their cloud SBR lodgment product - GovReports.
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GovReports API - Direct-to-Government Lodgment InterfacePosted on 17 January 2012
Impact Management Group, the leading provider of Standard Business Reporting (SBR) solutions announced the release of Application Programming Interface (API) for their cloud SBR lodgment product - GovReports.
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SBR Cloud washes paperworks awayPosted on 12 August 2011
BUSINESSES AND THEIR ACCOUNTANTS NO LONGER NEED EXPENSIVE SOFTWARE TO REPORT ELECTRONICALLY WITH THE FEDERAL GOVERNMENT'S NEW STANDARD BUSINESS REPORTING (SBR) REFORMS..
By simplifying the reporting process and using cloud technology GovReports brings the benefits of SBR to every small business without the usual hassles in gearing up to use new technology.
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At last, pain free PAYG Annual Summary Lodgement
Posted on 17 June 2011
Cloud SBR solutions vendor Impact Management Group has released the PAYG Annual Summary online forms in time for the 2011 tax season through their product - GovReports. GovReports which was released earlier in the month is already available with Tax File Number Declaration and Business / Instalment Activity Statement forms.
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GovReports Press Release in Invest in AustraliaPosted on 8 June 2011
Impact Management Group has launched GovReports, their latest Standard Business Reporting (SBR)-Enabled product, after releasing Australia's leading SBR integrated online accounting software, Interactive Accounting Manager (IAM) last year.
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GovReports Launch Press ReleasePosted on 6 June 2011
Impact Management Group has launched GovReports, their latest Standard Business Reporting (SBR)-Enabled product, after releasing Australia's first and only SBR integrated online accounting software, Interactive Accounts Manager (IAM) last year. GovReports is cloud-based and will initially be available with Tax File Number Declaration, Activity Statements [IAS/BAS] and PAYG Annual Summary Annual Report lodgment.
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