You don’t have to look far to notice that one of the biggest changes in how we pay for things is the explosion of “tap-and-go” payments. Whether it’s for a round of drinks or groceries, Australians are more likely to pay for something by waving a plastic card near a terminal than people anywhere else in the world.
Businesses are advised to make sure their tax records are in order, with one expert warning the Australian Tax Office is beefing up its data tracking methods.
Chartered accountant with Pilot Partners Murray Howlett says the ATO has more than just the tax status of salads on its mind at the moment: SME owners’ social media accounts could also be under scrutiny, Howlett told SmartCompany.
ASX-listed logistics company GetSwift has today announced the signing of a multi-year partnership with Commonwealth Bank (CBA) that will see its software integrated into the bank’s Albert POS system. This will allow any vendor using the point-of-sale system to essentially become a delivery-ready store, with GetSwift automatically queueing, batching, routing, and dispatching the delivery of any products purchased through an Albert POS.