First lot of data breaches reported to OAIC
The Office of the Australian Information Commissioner has released the number of reported breaches recorded under new data security laws.
TECHNOLOGY • Wed, 21 Mar 2018
$4m penalty issued in R&D tax case
The Federal Court has ordered a company to pay $4
TAX • Wed, 21 Mar 2018
Upcoming budget tipped to target popular deductions
Ongoing and high-level warnings from the tax office about work-related expenses is prompting predictions the federal government will address the popular deductions in the ...
TAX • Tue, 20 Mar 2018
Accountants’ ‘extensive’ knowledge brushed over in new laws
Mandatory new education requirements for accountants providing advice have been slammed for dismissing accountants’ years of training and making limited distinction ...
REGULATION • Tue, 20 Mar 2018
Further education likely for accountants under new laws
An update to the incoming education standards for financial advice indicates fully qualified accountants are unlikely to have met mandatory minimum training levels.
REGULATION • Mon, 19 Mar 2018
PwC flags social, legal risks for big-name clients
PwC is preparing its major bank and CEO-level clients for the likelihood of legislative intervention on diversity and inclusion policies.
BUSINESS • Sun, 18 Mar 2018
Jailed auditor struck off ASIC’s list
Nayanaka Arjuna Samarakoon, formerly associated with outsourcing firm BPO Connect, has been disqualified as an approved SMSF auditor.
SUPER • Fri, 16 Mar 2018
ATO spies ABN failures as 810,000 cancelled
Through both regular monitoring and a review of high-risk areas, the ATO is finding simple ABN failures are persisting.
TAX • Thu, 15 Mar 2018
Fury continues as Labor's tax plan comes unstuck
As the finer details of Labor’s plan to end cash refunds for excess dividend imputation credits are debated, the profession continues to find the policy is not fit for ...
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