‘Relatively common’ lodgement slip landing firms in hot water
Two firms which lost their AFSLs are the latest in a string of firms being captured by ASIC clamping down on lodgement failures, despite slip-ups being fairly common in ...
TAX • Fri, 10 Nov 2017
ATO locks in new reporting requirements
The tax office has locked in its views on real-time reporting requirements for clients with large superannuation balances, after months of contention.
REGULATION • Wed, 08 Nov 2017
‘Trepidation’ on STP as backflips, mixed messages continue
Tax professionals are struggling to prepare for single touch payroll, particularly as the bookkeeping profession waits on clarity from the government and the ATO about ...
Big-name bookkeepers offer 2018 predictions
Three prominent bookkeepers have outlined their predictions for the bookkeeping profession in 2018, touching on technology, business dynamics and revenue opportunities.
‘We have a long way to go’: KPMG heavyweight calls for mental health action
The varied professional life of KPMG partner, ex-union boss Paul Howes, has shown him the “daunting scale” of mental health issues in Australia, and he is calling on ...
BUSINESS • Mon, 06 Nov 2017
‘Extended ATO delays’ expected to increase in wake of data spill
An already resources-tight tax office is tipped to be stretched even further in the wake of the Paradise Papers exposé, having a knock-on effect with processing times, ...
TAX • Mon, 06 Nov 2017
Failures with accountant sees WA man sentenced
A former stockbroker whose dealings with an accountant saw his clients exposed to compliance action with the ATO, has been sentenced on dishonesty charges.
How accounting firms can make flexible working happen
Flexible working has its challenges in an accounting context, but there are ways to make it work and worthwhile.
ATO set to investigate leads in tax data reveal
A major reveal from the International Consortium of Investigative Journalists (ICIJ) has prompted the ATO to investigate a series of leads on tax avoidance by Australian ...
TAX • Sun, 05 Nov 2017