Multinational tax crackdown dismissed as ‘tinkering’
The federal government is continuing its fight against multinational tax avoidance, closing up existing loopholes being exploited by a small number of large companies in ...
TAX • Tue, 09 May 2017
ATO’s budget boost calls for accountants’ vigilance
The federal budget revealed that the ATO is set to receive millions in further funding for its Black Economy Taskforce, meaning accountants need to up their focus with ...
Mid-tier reassures accountants on big bank changes
The federal government budget 2017 included the proposal of a surprise levy on major banks, however accountants and their clients have no need to worry according to a ...
Highly anticipated R&D changes missing from budget
One mid-tier has indicated that businesses will feel disappointed that the budget didn’t include any significant measures to support innovation, despite positive news ...
Insolvency spike presents opportunity for accountants
An increase in personal insolvencies over the last quarter offers a chance for accountants to bolster their service offerings to new and existing clients, according to a ...
BUSINESS • Mon, 08 May 2017
Mid-tier comes out swinging at low-cost audits
A mid-tier firm has issued a warning that offering low-cost SMSF audits can be detrimental in the long run if it leads to professional indemnity claims from clients whose ...
TAX • Mon, 08 May 2017
Big 4 firms find banks facing 'inherent tension'
Two of the big four accounting firms have analysed the 2017 half-year results of Australia’s major banks, revealing the need for the banks to continue to reshape their ...
Mid-tier appointed liquidator in messy property case
ASIC has applied for two partners from a mid-tier accounting firm to be appointed provisional liquidator to Diploma Group Limited and its subsidiaries.
APPOINTMENTS • Sun, 07 May 2017
IPA 'disappointed' with govt's missed tax opportunity
The Institute of Public Accountants is mostly pleased with the government’s response to the Productivity Commission’s Business Set-up, Transfer and Closure report, but ...
TAX • Sun, 07 May 2017