ATO renews focus on popular deduction
The Tax Office has restated its examination of people who claim more than they are entitled to around a popular tax deduction as part of a broader compliance crackdown.
TAX • Thu, 03 May 2018
Bank levy could break tax cut stalemate
Extending the levy on banks could help the government’s difficulties in legislating company tax cuts in light of the banking royal commission, suggests Thomson Reuters
Aussie firms could fall under EU data compliance laws
A payroll provider has warned that Australian businesses could be susceptible to the incoming General Data Protection and Regulation (GDPR) regime even if they don’t ...
TECHNOLOGY • Wed, 02 May 2018
Accounting body questions role of ASIC
The corporate regulator seems to be doing a better job at raising money for the government than what it is doing in terms of enforcement, says an accounting body.
TAX • Tue, 01 May 2018
Boutique announces partner promotion
A financial services boutique has elevated one of its own to the position of partner for one of its main accounting divisions in recognition of her strategic leadership ...
APPOINTMENTS • Tue, 01 May 2018
Gender pay disparity persists in accounting
The gap in salaries between male and female accountants remains at around 33 per cent, and is largely unchanged from the preceding financial year, according to new data ...
BUSINESS • Mon, 30 Apr 2018
Average cost of BAS compliance rapidly declining
Recently released tax statistics show the average cost of complying with the Business Activity Statement has significantly decreased from the previous financial year.
TAX • Fri, 27 Apr 2018
Better financial literacy needed amid APRA changes
The Australian lending regulator’s removal of the 10 per cent benchmark on investor lending growth reinforces a paramount need for improved financial and business ...
TAX • Thu, 26 Apr 2018
Instant asset write-off ‘overrated’, says exec
An executive has questioned the usefulness of the $20,000 instant asset write-off for small businesses, referring to the tax incentive as “very overrated”.
TAX • Tue, 24 Apr 2018
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