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Immigration to our shores is running at record levels and so too is the boom in illegal immigrants.

Some are scamming permanent residency is to catch and marry single Aussies. Immigration officials are cracking down on fake marriages, but  sometimes impossible to know when love is true or false. 

Over the last ten years spousal visa applications to Australia jumped from 26,000 to 40,000 a year. Many phoney fiancés and spouses were kicked out last year. 

Less than three per cent of applicants are investigated. 

The process requires foreign spouses to live with their partner for two years and they may be tested on their truthfulness by the Bona Fide units, set up in states across the country.

Differentiating between love and fraud is not a given, what we are interested in determining is that the evidence and the paperwork and the documentation put before us is true and accurate that it is not a forged document. 

They’re even more brazen in India where migration agents and internet surfers state plainly what they want, with posts including: “Paper marriage for Australia” and “Looking for a girl to do a paper marriage just to get residency in Australia.” 

The Times of India newspaper detailed how brides and grooms are contracted to marry, just so they can move here. 

If they are operating in India, or in China, or in Canada, or in the UK or anywhere overseas, our laws don’t control their activities

Act, under visa fraud it can include cancellation of the visa, and ultimately removal from the country. In the least we can refuse and we often do in 3000 instances to grant a visa in the last financial year. 

Dob-In Line: 1800 009 623

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The end of financial year can be a stressful time for small business owners, and that time is now upon us once again.  For those of you who are behind and not ‘in shape’ for the end of end of financial year financial year… don’t panic, right now there is still a very small window of time for you to get prepared for the end of financial year, but that time is ticking by.

How can you get in shape?

Before 30 June make it a priority to ensure all your bookkeeping and reconciliation is up-to-date, follow up payment of overdue invoices, pay outstanding bills and pay all super contributions (this should not only be for your employees, but for yourselves too). 

With all your reconciliation up-to-date, such as your receivables, payables, bank accounts and inventory, once 30 June is here you will only have one month to reconcile and you can then move on to completing your BAS.  Getting on top of this will ease some of the stress you may feel when preparing your end of financial year documentation.

For small business owners with employees, remember that you will also need to reconcile your payroll and send out payment summaries to your employees (before 14 July 2009).

Following the completion of all your reconciliation and BAS, it’s time to run your end of financial year reports.  Having all your records and reports prepared prior to visiting your accountant will really save you time and money. 

If you’re having difficulties with these tasks, speak to your accountant or bookkeeper, or alternatively a range of online resources, and even accounting software providers, have information on completing these activities.

If you’re having difficulties with these tasks, Don’t forget to backup all your data.  You will also need to keep copies of your accounting records for at least five years (an ATO requirement).

It is also important now to prepare for the 09/10 financial year, as no doubt you want everything to be ‘AOK with the ATO’.

A number of new Federal Government compliance changes will apply from 1 July 2009 and these will affect small businesses.  Information about the new compliance requirements is available from the ATO, or your accountant will also be able to update you on the changes.

If you use accounting/payroll software, you will need software updates that address the compliance changes.  Ensure you’re scheduled to receive the compliance update from your provider, so that you’re compliant for 09/10.

This time of year is also good to consider what improvements you could make to your work practices to stay in shape and make the 09/10 end of financial year less stressful.  For example, implement work practices that ensure you stay on top of your bookkeeping requirements, keep up-to-date with inventory, cash flow and debtors and follow task lists.

Yes, the economic downturn is having an impact on businesses and the pressure is really building, but this presents you with the opportunity to select your own course.

It’s important that you take a step back and look at the ‘big picture’.  Instead of only responding to daily issues, now is the time to develop and implement a sound business plan for overcoming future challenges.

Don’t be afraid to seek specialist advice.  Talk to your accountant.  They can not only help you with tax and accounting related matters, but they can also help you with your business planning, financial goal setting, cash flow and making sure your business is running at its best.

Remember… It’s important to be prepared!

Source  :  www.livenews.com.au

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