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Coalition sets date for TASA showdown
Liberal MP Dean Smith will lodge a motion to force a Senate vote on the controversial changes next month.
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TPB revamps public register to protect consumers
Changes include listing practitioners’ past names and more details of misconduct issues, sanctions and matters under consideration by tribunals or courts.
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ASIC 'losing patience' with super funds over retirement services
The Corporate Regulator wants to see "meaningful improvements" in the way funds provide services to members for retirement.
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Joint bodies reject claims about consultation on key code changes
Professional bodies have taken aim at comments by the Assistant Treasurer that practitioners and associations were consulted throughout the development of the code obliga...
Aussie shopper payment preferences need to be met, data reveals
Customer retention and business revenue could be negatively impacted by a disconnect between the way consumers want to pay and how small businesses want to be paid, accor...
Independent MPs demand urgent changes to $3m super tax reforms
Members of the crossbench are calling on the government to replace the taxation of unrealised gains with a simpler calculation method for the $3 million superannuation ta...
Australian economy needs SMEs to succeed, says COSBOA
Small business owners are looking to policymakers and the government for support as they struggle to maintain resilience in the “two-speed” economy.
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Professional bodies welcome Coalition’s move to disallow code obligations
Accounting bodies are calling on Senate crossbenchers to support a disallowance motion to overturn the controversial code obligations.
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Accounting firms must prepare for ‘seismic’ shift in accounting technology: Dexterous Group
Accountants need to “stay ahead of the curve” and adopt a positive perspective towards automation given the major changes that are unfolding, according to Sydney-base...
Farmers and SMEs call for protection against ‘super tax’
Farmers and small business owners have joined forces to warn the government of the adverse impacts the proposed superannuation changes will have on Australian farms and s...
Coalition to oppose ‘disastrous’ tax agent rules in Senate
Coalition MPs will rally crossbench support to pass a disallowance motion to reverse the government’s contentious new code obligations.
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ATO issues further advice to NFPs on self-review return
The Tax Office has provided not-for-profits with tips for lodging the self-review return through ATO's phone service and other details about its compliance approach.
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BAS agent hit with 4-year ban for failing tax obligations
The TPB has terminated a BAS agent's registration after they failed to comply with personal tax obligations and complete CPE.
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Young accountants at risk of ‘burnout’, warns Springfox
Providing junior accountants with greater support in the early years of their careers is critical for preventing burnout and keeping them in the industry, according to Sp...
Regulatory settings hampering integrated tax and financial advice: IFPA
The role of accountants in addressing the financial advice shortage remains largely ignored in the government's response to the original TPB review, the association says....
Voluntary tax believer fined $15k for bogus trust deductions
The AAT has upheld penalties for “reckless” returns lodged by a Brisbane woman who questioned the legitimacy of the ATO and Australia’s tax laws.
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CPA flags ‘duplication risk’ with proposed registration requirements
The inclusion of governance requirements in the registration criteria for companies and partnerships is likely to create further duplication and inconsistency with existi...
Less than half of Australians confident about retirement: AustralianSuper
Australians can improve their retirement confidence through everyday activities and habits such as planning and goal setting, the super fund says.
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New jobs board launches for accounting industry
Momentum Media is proud to unveil a new accounting jobs board which will promote employment opportunities across the accounting industry.
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TPB treads fine line with new tax agent rules
The board has promised to balance consumer protection with privacy and practicality when developing guidance for the contentious new obligations.
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