ATO to ramp up scrutiny of $20K tax break use
Accountants and SMEs should be wary of entering “dodgy” end-of-year deals simply to utilise the $20,000 instant asset write-off according to one accounting body, with the ...
TAX • Sun, 18 Jun 2017
Contentious tax now at ‘urgent’ reform stage, global exec warns
A global tax expert has warned that Australia must urgently address its high corporate tax rate before it becomes even less competitive against other jurisdictions.
Young accountants and the future of our profession
Are we equipping the next generation of accountants to thrive over the next 20 to 30 years? I fear not.
BUSINESS • Fri, 16 Jun 2017
Accounting job ad growth falling flat in early 2017
New data from job advertisements website Seek has found that accounting job ads have remained flat year-on-year, however there are opportunities in the smaller states, ...
BUSINESS • Thu, 15 Jun 2017
'Powerhouse' opportunities on offer for Aussie accountants
As clients increasingly pursue cross-border business, the demand for accountants to be able to provide a one-stop shop international service is growing and increasingly ...
New research shows spike in accountants’ advisory confidence
According to new research, there has been a significant shift in the confidence of accountants offering advisory services, despite a notable lag in sentiment regarding ...
$20K instant asset write-off extension locked in
Yesterday, the $20,000 instant asset write-off legislation was passed by the Senate, meaning small businesses can continue to access the tax concession for another year
TAX • Thu, 15 Jun 2017
New crowdsourcing legislation a win for accountants
Proposed legislation to extend crowdsourced funding to proprietary companies has been welcomed by an accounting body, which sees it as a positive move for both accounting ...
TAX • Wed, 14 Jun 2017
National tax brands announce joint venture
Ten months after its launch, sub-aggregator Purple Circle Financial Services announced a new joint-venture partnership with two tax brands owned by Citycorp Group.
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