Business
Government told to reduce SME red tape amid $100m growth fund announcement
The government’s plan to introduce a small business growth fund has been met with mixed responses, with calls to reduce red tape repeated.
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Liquidator uncovers director falsifying company books
A South Australian restaurateur is in trouble with ASIC after a liquidator found that he had pocketed a portion of the sale of his company and fudged bank statements to c...
Board diversity progress slows
Australia’s top 200 companies have slowed in their progress towards achieving gender diversity at board-level positions, with the current statistics just whiskers away ...
Finalists revealed for the Australian Accounting Awards 2019
The Accountants Daily team, together with principal partner Intuit QuickBooks Australia, is thrilled to present this year’s deserving finalists for the annual Australia...
Perth accountant barred from providing financial services for 6 years
The corporate regulator has banned a Perth-based accountant from providing any financial services for six years after discovering dodgy share trading.
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Shorten says he ‘loves accountants’ despite deductions cap
Bill Shorten has said that he understands why accountants are not happy with his plans to introduce a cap on tax deductions for the cost of managing tax affairs, but he...
Employees set to be notified under new SG laws
Accountants have been urged to remind their business clients on new superannuation guarantee integrity measures that include strengthened director penalty notices and dis...
PM, Treasurer write to accountants big tax, fee deductibility proposals
Prime Minister Scott Morrison and Treasurer Josh Frydenberg have written to the accounting community addressing the deductibility of tax agent fees and other headline tax...
IGT shoots down suggestion it makes ‘excuses for the Tax Office’
The Inspector-General of Taxation has refuted suggestions it was “writing up an excuse” for the Tax Office in its review of the agency’s use of garnishee notices.
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Alternative practitioner compensation scheme proposed
The Tax Office will need to consider automatic administrative relief for tax practitioners, says CA ANZ, as inaction over the current compensation scheme for ATO system f...
‘Bottom of political barrel’: Profession slams Labor’s attack on accountants ‘rort’
Opposition leader Bill Shorten has labelled the deductibility of the cost of managing tax affairs as a “rort”, hammering home his plans to limit deductions to $3,000...
Election called: The big-ticket items for tax, accountants
Prime Minister Scott Morrison has called the federal election for 18 May, leaving five weeks for the major parties to push their tax policies across.
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