Tax watchdog highlights deceased estates tax burden
The ATO has responded to a review by the Inspector-General of Taxation investigating how the adminis...
ASIC flags COVID-19 financial reporting focus
Useful and meaningful disclosures and a focus on the reporting of asset values in light of COVID-19 ...
Mid-tier welcomes 2 new partners
A mid-tier network has announced the promotion of two partners in its Melbourne office. ...
Tax & Compliance
ATO extends working-from-home shortcut method
The Tax Office has extended its simplified working-from-home deduction method for anoth...
Government hints at sped-up tax cuts
The government could bring forward legislated tax cuts and extend the JobKeeper program...
Tax watchdog highlights deceased estates tax burden
The ATO has responded to a review by the Inspector-General of Taxation investigating ho...
M&A
Accounting network firm acquires NSW firm
An accounting network firm has announced the acquisition of Cultiv8 Accounting.
...
RSM acquires rival mid-tier’s risk consulting arm
RSM Australia has now announced the acquisition of a rival mid-tier’s risk consulting...
Accounting network expands Victoria offering
An accounting network has completed its second deal of the year following a merger with...
Professional Development
The accounting roles in demand during COVID-19
One in five employers currently have a recruitment freeze in place, but accounting skil...
IPA joins forces with bookkeeping association
The Institute of Public Accountants has welcomed a bookkeeping association into its wid...
TPB signals new regulatory approach with ‘first of its kind’ agreement
The Tax Practitioners Board will now have greater oversight over a professional associa...
Appointments
Mid-tier bolsters WA audit team with new partner
A mid-tier firm has announced a new audit partner as it undertakes an aggressive expansion of its Pe...
SMSF
ATO to contact audit firms over new independence guidance
The ATO has announced it will be writing to SMSF audit firms that prepare both the financial stateme...
Business
‘Keep your eyes wide open’ for zombie firm exodus
Practitioners have been urged to keep their eyes peeled for clients with “zombie company” red fl...
Technology
ATO’s online systems fail on 1 July as early lodgers swarm
A “small component failure” has resulted in Australians unable to access the ATO’s online syst...
