Wave of accountants tipped to enter AFSL regime in 2017
With superannuation legislation now enacted and SMSF clients in particular using their accountants as the “first stopping point” for advice, one mid-tier firm has tipped ...
SUPER • Mon, 28 Nov 2016
Software provider bullish on accountants’ business prospects
One software executive has hit out at claims that automation and cloud computing will wipe out the need for accountants
TECHNOLOGY • Mon, 28 Nov 2016
ATO ramps up development of new tax agent systems
The ATO has admitted its failings with recent tech developments, including myGov, and has reiterated that new systems that mimic the functions of the tax agent portal are ...
TECHNOLOGY • Fri, 25 Nov 2016
Ex-MP, big bank exec call on accountants to ignite reform
Accountants have been told that their feedback to government and representative bodies is crucial in igniting change and creating a case for serious tax reform, on the ...
REGULATION • Fri, 25 Nov 2016
Renewed fears tax system forcing profits offshore
In light of the Australian tax reform agenda being significantly “watered down” and governments around the world introducing concessional treatments for multinationals, ...
TAX • Thu, 24 Nov 2016
New president announced for accounting body
One of the three major accounting bodies has confirmed the election of a new president, formerly of the ATO, as well as other management changes.
APPOINTMENTS • Wed, 23 Nov 2016
Trusts tipped to be on the out
One industry lawyer believes a recent taxpayer alert is a continuation of a pattern that will see the commissioner eventually restrict trusts to being “very much a ...
TAX • Tue, 22 Nov 2016
CA in hot water with ASIC
ASIC has accepted voluntary undertakings (VUs) from two registered liquidators of a chartered accounting firm in Western Australia.
Tax refund fraud syndicate ends in jail sentence
A man has been sentenced to prison following his part in a complex refund fraud syndicate that used identity crime to impersonate taxpayers and lodge fraudulent refund ...
TAX • Mon, 21 Nov 2016
iscover 
