‘We hid from the issue,’ ATO says amid fresh compliance push
Asset valuation for superannuation funds, particularly for wealthy clients, is an issue that one of its outgoing directors said the tax office “can no longer hide from
TAX • Sun, 22 Oct 2017
‘Back the right horse’ as niche products boom, accountants told
The almost “overwhelming” number of products being developed at the periphery of core accounting software - such as cash flow management tools - often aren’t developed ...
TECHNOLOGY • Sun, 22 Oct 2017
CPAs pushing past ‘big elephant in the room’
One university professor is finding that, true to form, CPAs are pushing past the “disaster” that unfolded this year, despite the problem of CPA Australia Advice still ...
REGULATION • Sun, 22 Oct 2017
Long-time ATO director set to depart
After 34 years with the ATO, a senior and well-known superannuation director is set to retire in early November.
REGULATION • Fri, 20 Oct 2017
Tech giant hits out at ATO ‘fishing expedition’
One accounting software veteran has hit out at the ATO for putting commercially “unrealistic” expectations on software companies, as it pushes forward with new systems ...
TECHNOLOGY • Wed, 18 Oct 2017
New bill introduced on contentious company tax issue
The federal government has introduced a bill clarifying the tax rate for passive investment companies, after a period of consultation with the industry revealed a series ...
TAX • Wed, 18 Oct 2017
Tech survey reveals accountants’ gripes, ‘dramatic’ shifts
A survey of the systems and technology Australian accounting firms use has revealed where the biggest movements have been in the use of software, storage of data, and ...
TECHNOLOGY • Tue, 17 Oct 2017
Robo-advisers tipped to eye accounting holes
The head of one advice platform believes retirement adequacy will be the next frontier for automated advice, particularly as accountants who aren't licensed seek referral ...
TECHNOLOGY • Mon, 16 Oct 2017
ATO under fire for anti-adviser material
The tax office is copping heat following online materials which create negative perceptions of the financial advice profession, including from the head of an accounting ...
TAX • Mon, 16 Oct 2017