‘Real need’ for accountants to ramp up sales expertise
Accounting practices with long-term aspirations need to ensure they have a function that is dedicated to business development, with the vast majority of firms falling ...
BUSINESS • Mon, 21 Nov 2016
ATO set to clamp down on range of super issues
The Tax Office has announced it will be ramping up its focus on a range of issues related to superannuation, particularly as some suspicious strategies surface ...
SUPER • Mon, 21 Nov 2016
ATO's social media swoop set to bear fruit
One national tax and accountancy network believes the ATO’s “sophisticated and comprehensive” trawling of internet data is significantly limiting taxpayers’ chances of ...
TAX • Fri, 18 Nov 2016
High Court rules in lengthy offshore tax case
The High Court has ruled in a long-running case that involved a company setting up complex offshore structures, labelled by the ATO as “blatant tax evasion”.
TAX • Thu, 17 Nov 2016
Industry sees spike in firm sales
One business broker has witnessed a significant spike in sales and acquisitions in the accounting industry, and while the market is ripe for sellers, certain types of ...
BUSINESS • Wed, 16 Nov 2016
Majority of myTax returns inaccurate, study finds
A study of returns submitted through myTax has found over half contain errors, two thirds of which favour the ATO.
TAX • Mon, 14 Nov 2016
ATO widens nets to catch tax cheats
The Tax Office has laid out its plans to target new personal data in an effort to catch out taxpayers who are cheating the system.
Key senior hire announced for CA ANZ
Chartered Accountants Australia and New Zealand has this morning announced a change to its management line-up with a new senior appointment.
APPOINTMENTS • Mon, 14 Nov 2016
Tax Office looks to real-time reporting for next year
In response to budgetary measures related to superannuation, the ATO is eyeing real-time reporting in the SMSF sector for the next financial year.
TAX • Fri, 11 Nov 2016