Regulation

Regulation

ATO, TPB unveil new client verification standard

Tax practitioners will soon be required to sight two separate proof of identity documents when onboarding new clients...

30 April 2021 • By Jotham Lian

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Regulation

Increase to CPE hours will lead to practitioner ‘haemorrhage’

The proposed tripling of continuing professional education hours for BAS agents will be “unlikely to be achievable in...

21 April 2021 • By Jotham Lian

Regulation

FSC pushes for financial advice reform

The Financial Services Council (FSC) is hoping to drive a massive simplification of advice in order to prevent it from...

19 April 2021 • By Lachlan Maddock

Regulation

JobKeeper ends but ATO audit activity on the program set to continue

Despite the conclusion of the JobKeeper wage subsidy program, the ATO is set to continue keeping a close eye on those...

14 April 2021 • By Roman Kaczynski & Rod Spicer

Regulation

Director ID regime takes shape as ATO assumes new registrar role

ASIC staff will begin moving to the ATO as the government prepares for the imminent rollout of the new director...

14 April 2021 • By Jotham Lian

Regulation

Credit enquiries reach 18-month high as conditions normalise

Enquiries related to credit options reached 18-month highs in March, signalling improved business conditions as...

14 April 2021 • By John Buckley

Regulation

What the ATO’s NALI announcement means

Chartered Accountants Australia and New Zealand superannuation leader Tony Negline takes a closer look at the ATO’s...

09 April 2021 • By Robyn Tongol

Regulation

Advisory firm snares former ATO assistant commissioner

McGrathNicol has appointed former ATO assistant commissioner Jamie Norton as a Canberra-based partner.

08 April 2021 • By John Buckley