News
‘Out of sight, out of mind?’: Approach to record-keeping revealed
A new poll by CPA Australia has revealed whether people are keeping their record-keeping obligations in mind, or putting them to one side, as the halfway mark through the...
ATO debt recovery changes to provide ‘safety layer’ for small businesses
The government has released new draft legislation that will allow small businesses to contest the ATO’s collection of disputed tax debt in the next steps to better addr...
SMEs’ top 3 stressors revealed
New research has pinpointed the three main challenges front of mind for SME clients.
...
‘Cut the credit card’: CA ANZ
The professional accounting body has outlined a series of tips for Australians to achieve financial-related new year resolutions.
...
McDonald’s fined over ATO document compliance failure
McDonald’s has been convicted and fined for failing to provide documents to the Australian Taxation Office (ATO).
...
Job vacancies reach record high
Data collected prior to the outbreak of the Omicron variant has revealed that job vacancy levels in Australia are higher than ever.
...
Hall Chadwick cements Auckland expansion
Accounting and business advisory firm Hall Chadwick has confirmed it has touched down in Auckland, New Zealand, as part of its latest expansion plans.
...
ATO to review advance pricing arrangement program
The ATO will undertake a review of the advance pricing arrangement (APA) program in 2022 to improve how the service is delivered.
...
Moore Australia cements digital partnership with MYOB
Moore Australia has completed a strategic digital integration with MYOB to further its digital capabilities for clients as the firm embarks on its aggressive growth strat...
Technical expert debunks myths around financial dependency relationships
SMSFs should be wary of views suggesting that adult children can qualify as financial dependents simply by receiving regular payments, a technical expert cautions.
...
ATO highlights support for out-of-date lodgments and payments
The ATO has issued a reminder to those who have clients currently not up to date with their lodgment and payment obligations.
...
Latest Covid wave ‘creating chaos’ for audits
The latest Covid outbreak is slowing down SMSF audit processes and creating chaos for SMSF firms with some clients unable to respond to queries and provide vital inform...
RBA to face review post-election
The Reserve Bank’s policy decisions could face scrutiny irrespective of the upcoming election outcome, with both major parties signalling support for an independent r...
Omicron more likely to delay economic recovery than derail it
Australia’s recovery from last year’s lockdowns may be delayed by Omicron, but it won’t necessarily be derailed by it.
...
NALI outcomes still unclear for certain related-party loans
While the ATO’s final ruling on non-arm’s length income suggests that previous fixes to get related-party loans on arm’s length terms will not prevent NALI, relie...
Flexible workplaces yield better-rested and more engaged workforces
The last 18 months have given experts the chance to extensively assess the value that flexible workplaces offer both employees and businesses.
...
ATO urged to address ‘super rip-off’ impacting Qld workers
A national body has called on the ATO and politicians to address super contribution in Queensland, with new analysis showing the state’s cumulative unpair super debt ha...
4/10 businesses suffering under labour shortage: NAB
The major bank’s chief executive has called for open borders to prevent Australia’s economic recovery from languishing, as finance and property businesses have flag...
Issues flagged with use of external SuperStream providers
An auditor says she can see the potential for lots of problems when considering the use of an external SuperStream provider rather than one of the major superannuation ...
‘Election years rarely bode well for superannuation’: SMSF Association
SMSF Association deputy chief executive Peter Burgess believes 2022 will be a tricky year for the SMSF sector.
...
