ATO set to roll out new tax agent risk profiling
Over the coming months, the ATO will be conducting new risk profiling of practices to account for the billions of dollars’ worth of work-related expenses (WRE) claimed ...
TAX • Wed, 30 Nov 2016
KPMG exec hits out at super policymakers
Australia’s policymakers have “not been the advocates of the system that they should be” according to an executive at KPMG, which is having a detrimental effect on ...
SUPER • Wed, 30 Nov 2016
‘Beware the tax man’ eyeing holiday period activity
The ATO is poised to home in on fringe benefits tax (FBT) on celebrations and gifts this festive season, according to one mid-tier firm.
‘Lack of expertise’ driving clients away from accountants
A far-reaching study has indicated a significant chunk of investors would prefer to turn to their accountant for investment advice, while one of the top reasons clients ...
BUSINESS • Tue, 29 Nov 2016
Big four firm announces new acquisition, training venture
A big four firm has today announced it has acquired a specialist consultancy led by a new partner, and taken a stake in a digital training venture.
BUSINESS • Mon, 28 Nov 2016
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