Remove CGT barrier for efficient super system, report finds
A lack of permanent Capital Gains Tax (CGT) relief has been cited by the Productivity Commission as a major factor preventing the merging of under-performing super funds ...
SUPER • Tue, 29 May 2018
Mid-tier notes company tax cut complexity
Accountants could have five different tax rates to plan around for small businesses if all of the government's proposals around lowering the company tax rate come to ...
TAX • Mon, 28 May 2018
Government intensifies cash payments crackdown
The government has started its consultation process on plans to introduce an economy-wide cash payment limit of $10,000 as part of a wider effort to eliminate the black ...
TAX • Sun, 27 May 2018
ATO flags consultative effort on tax alerts
The Australian Taxation Office concedes it “hasn’t been quick enough” in the past in bringing out taxpayer alerts and has made them a larger priority in better addressing ...
TAX • Fri, 25 May 2018
Unlock shared revenue streams, advises expert
Running a software advisory service can create untapped revenue streams and greatly reduce an accounting or bookkeeping firm’s workable hours, a consultant advises.
TECHNOLOGY • Thu, 24 May 2018
Intuit spies gig economy play
A software provider believes an emerging accounting business model could soon be reaching Australian shores amid a growing gig economy and more self-employed individuals ...
TECHNOLOGY • Wed, 23 May 2018
Big 4 survey flags Aussie tax law angst
Australian CEOs are significantly more concerned about the effects of tax law changes on their business compared to their global counterparts, according to a new study.
TAX • Tue, 22 May 2018
FBT ignored in tax technology offerings
A combination of high compliance costs and low government tax revenue has left the fringe benefits tax a low priority by accounting software providers, says a big four ...
TAX • Mon, 21 May 2018
$2.4m lost to tax scams, ACCC reports
Almost $2.4 million worth of scams was reported to the Tax Office in 2017, according to new statistics from the Australian Competition and Consumer Commission.