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  1. Trans-Tasman e-invoicing board established

    information — that makes life a lot easier for the agent, but it also means you can focus on the analytics,” Mr Walker said last year. [email protected]

  2. Former ATO veteran Michael Cranston joins law firm

    Michael Cranston will enter the private sector as a tax consultant in a boutique law firm. Mr Cranston, who just last week was found not guilty of misusing his position to benefit his son, has joined Waterhouse Lawyers as a tax consultant. Tania...

  3. MYOB set to proceed with takeover bid

    in which MYOB were free to solicit competing proposals, after it signed the scheme implementation agreement with KKR late last year. The scheme comes at the revised $3.40 per share in cash for MYOB shares that KKR does not already own, down from the...

  4. Accountants’ prior learning mulled by FASEA

    with training they’ve already done, and mandated training which can’t be used in practice. Accountants Daily reported last year that FASEA had written to the major professional bodies, inviting them to consult about having their designations and CPD...

  5. CountPlus acquires NSW firm, announces half-year results

    results derives in large part from the adherence by our member firms to shared values and non-negotiable team rules.” Last year, the network announced the acquisition of a minority stake in Victorian-based O’Brien Accountants & Advisors, its first...

  6. ‘Stars have aligned’ for accountants in the advice space: David Smith

    it was hard to get the accounting voice heard so I have some sympathy for the accounting bodies in losing ground over the last 15 to 20 years because it is hard to get the ear of government.” [email protected]

  7. MYOB posts online subscriber surge as it contemplates takeover bid

    MYOB’s online subscriptions grew by 57 per cent over the last calendar year, bringing its net profit up by 2 per cent. The accounting software provider saw its revenue jump 7 per cent to $445.2 million for the 12 months ending 31 December 2018, with...

  8. New TPB chair unveiled

    Mr Frydenberg. “The government also wishes to thank outgoing chair Mr Ian Taylor for his significant contribution over the last six years.” [email protected]

  9. PKF acquires Brisbane firm

    said it followed in the footsteps of its NSW Central Coast arm, which acquired a boutique chartered accounting firm in July last year. “Kim Partners is a firm that is known for servicing the Asian business market in Brisbane. By introducing Kim Partners...

  10. ‘Nirvana’: ATO promises more goodies post-online services rollout

    account balances; a better view of clients’ obligations and tax history, including debt and payment plan information for the last 10 years; and an overview screen that lets you quickly see what lodgment and payment obligations need action for your...

  11. Government pushed for Div 7A clarity in federal budget

    provide clarity over the proposed amendments to Division 7A in the upcoming federal budget, given its impending start date. Last October, Treasury released a long-awaited consultation paper of proposed amendments to Division 7A, which raised concerns...

  12. Receipt Bank appoints new CEO

    of Circl.org, a next-generation leadership development programme for students from deprived backgrounds. “I have spent the last fifteen years at three companies which transformed global industries. The same opportunity is clearly ahead of Receipt Bank....

  13. SMSF, investment property spruiker faces court order

    facilitate the purchase of investment properties in Australia without holding an AFSL. ASIC commenced legal proceedings late last year, alleging that Mr Gardner had recommended specific properties for development to clients; recommended specific...

    • Type: Article
    • Author: Reporter
    • Category: Super

  14. SMSF member limit increase bill introduced

    to support it, the measure is still very much “up in the air”, says a technical expert. In the lead-up to the federal budget last year, the government announced plans to increase the limit on the number of members allowed in an SMSF from four to six....

  15. ‘Creative’ tax solutions feared in franking credits fallout

    going to take for the bank to get it to market or for the commissioner to catch up and say we don’t want to do this.” Late last year, a survey conducted by SuperConcepts showed that 72 per cent of SMSF trustees surveyed would change their investment...

  16. Is the death knell upon bookkeepers in 2019?

    business owner to see the present clearly and predict the future? Well, it’s simply…... Magic. Is compliance dead? For the last five years, we have seen an influx of messaging from the accounting and tech industry on how bookkeepers really need to be...

  17. New online services rolls out to all BAS agents

    it sounds like a minor thing but simple things like that make it very easy to navigate.” Feedback from other private testers last year were largely positive as well, particularly around new functionality, including increased visibility and access to...

  18. Accountant-focused licensing providers see adviser spike

    Merit Wealth, an accountant-focused licence owned by Easton Investments, saw a spike in the number of advisers joining last year, with 219 financial advisers becoming authorised representatives in 2018. This was more than triple the number of advisers...

  19. Proposed R&D tax changes faces roadblocks

    proposed changes to the R&D tax incentive, citing concerns to its retrospective nature and unintended reach. In September last year, the government announced the introduction of Treasury Laws Amendment (Making Sure Multinationals Pay their Fair Share of...

  20. STP to cover all businesses as legislation passes

    Payroll to employers with 19 or fewer employees has finally passed both houses today, after amendments were tabled in late last year. The Treasury Laws Amendment (2018 Measures No. 4) Bill 2018 secured passage today after it was referred back to the...

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