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What accountants and financial planners can learn from how medical teams collaborate As we see more accountants move from tax compliance and further into business advice, why aren’t we bringing personal tax and personal advice closer together? W...
Leases: On the path to business as usual The new leases standard applies to Australian entities from 1 January 2019. As with any new accounting standard, it’s easy to focus on the immediate problem of getting ...
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The Australian Tax Office hotspots 2019 — do they apply to you? Every tax time, the ATO focuses on certain hotspots where taxpayers are prone — either accidentally or deliberately — to make errors. These are the areas it will co...
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The growing compliance scrutiny for small and middle markets The re-election of the Morrison government may reduce policy uncertainty for small to middle market businesses, but it would be a mistake to think that nothing will chang...
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Invest in process to reduce the risk of invoice fraud Despite significant technological advances, Australian businesses continue to find themselves the victims of invoice fraud. Write comment (0 Comments) ...
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US tax net expansion to hit Aussie clients In all the hoopla over the US corporate tax cuts, introduced late in 2017, a change to the way the US Treasury views income earned offshore went almost unnoticed in the w...
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So you think your company is a non-resident? Determining whether a company is a tax resident of Australia has become more complicated again. Taxpayers and advisers now need to navigate the ATO’s new position on ...
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Modernising the client experience From the increasingly prominent role of technology to shifting client requirements and the need to provide an expanded range of services, transformation is everywhere. As...
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Lease or buy, same same but different? With the new lease accounting standard now — or soon to be — applicable for most companies, it’s a good time to consider whether alternative decisions could be ma...
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Why were the ‘quiet Australians’ missed in the election pre-polls? The inaccuracy of polling data came as a big shock in the recent federal election. After consistent predictions of a Labor victory, with bookmakers even paying out in adv...
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TPB ups the ante on privacy consent Registered tax (financial) advisers have a higher obligation than other financial planners when disclosing information about their clients to third parties. This is becau...
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Let’s get this straight: There is a gender pay gap in accounting Why are we still arguing about whether there is a gender pay gap? It seems astonishing that there are still sceptics, including in the accounting profession, who believe ...
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