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  1. Mergers, alliances tipped to spike in bookkeeping

    bookkeepers and accountants,” Ms Calleja told Accountants Daily at the Intuit QuickBooks Connect conference in Sydney last week. “We are moving into each other’s spaces, you can’t avoid that,” she said. Considering the merits of offshoring is also a...

  2. New research reveals top features of accounting firms

    to clients. Staff productivity is also an issue that’s growing in concern, moving to the seventh position from twelfth last year. Accounting practices are pursuing various measures to address the difficulty and cost of recruiting experienced staff,...

  3. Is Marketplace Lending a Good investment?

    better than our ​investor page​. Where is it heading Peer to peer lending represented 24% of all personal loans in the U.S. last year and it seems certain to grow further in Australia. For those looking for investment options for their SMSF or hoping to...

    • Type: Article
    • Author: Content Sponsor
    • Category: Business

  4. Mid-tier warns on payroll compliance after fraud case

    a mid-tier accounting firm is encouraging businesses to assess their payroll arrangements and review associated risks. Last week a joint investigation between the ATO and the AFP culminated in the arrest of 10 people linked to a syndicate responsible...

  5. Big four pleased with key state law amendment

    with the other states’ landholder and corporate reconstruction and consolidation laws. Speaking at the Tax Institute forum last week, PwC partner Rachael Cullen discussed several recent legislative changes, including the Tasmanian Duties Amendment...

  6. Six steps to scaling your firm: part 2

    Following part one of the six steps to scaling your firm through outsourcing, part two looks at the last three steps in how to use offshoring to grow your accounting firm. Accounting firms that wish to scale and grow often turn to outsourcing, but they...

  7. CA ANZ strengthens key partnership

    and the Association of Chartered Certified Accountants have announced plans to co-locate staff in a number of locations. Last year, Chartered Accountants Australia and New Zealand (CA ANZ) and the Association of Chartered Certified Accountants (ACCA)...

  8. SMEs pleased with budget, software giant finds

    Despite lacking confidence before the federal budget was released last week, majority of SMEs are now largely comfortable with the measures included in the budget according to the latest report from MYOB. Yesterday MYOB released its latest SME...

  9. Major uni notes 'unfortunate' lag in accounting courses

    that’s going to happen overnight. The education system will eventually get there but, if anything, they’re going to be the last cab on the rank.” Mr McLaren said graduates still need all the technical skills that universities have traditionally taught,...

  10. Accounting network firms up partnership with advice firm

    Accountants Daily, H&R Block CEO Brodie Dixon said that they began searching for a financial planning firm to partner with last year, following demand from their clients. “Many of our clients look to us to help them better understand their financial...

  11. Accounting body announces new CEO

    really excited to attract someone of Rick’s reputation and calibre to our organisation.” The announcement follows the news last month that Lee White, who has been CEO since 2011, would be stepping down from the role. Between now and Mr Ellis’...

  12. Mid-tier hits out at cap tipped to hit accountants

    management of their tax affairs, which would impact the extent to which an individual can claim deductions for tax advice. Last week, Bill Shorten delivered the opposition’s federal budget reply speech in which he proposed a cap on the amount...

  13. Tax, BAS fraudster sentenced to jail

    not recovered. The remaining $563,160 in refunds were either credited to her ATO account, cancelled or recalled by the ATO. Last Friday in Orange District Court, Ms Noble was sentenced to five years in jail, with 2.5 years to serve, and was given a...

  14. Big four finds SMEs not sold on tax cut

    may not have seen the real cash benefit, and 1.5 per cent might have been too small,” he said. “What had been announced in last year’s budget and finally got through the senate was the new round of tax cuts, where now the tax rate at 27.5 per cent...

  15. Acquisition launches advice network’s accounting focus

    Advisory (AZ NGA) signed a binding sale and purchase agreement to acquire the entire capital of Peters & Partners (P&P) last Friday. P&P is a full service accounting firm that offers business and taxation services, SMSF accounting and administration,...

  16. Boutique makes senior hires post-merger, plans to go national

    a former mid-tier partner to launch a Sydney office in what is just the first step of its east coast expansion plans. Last week, business consulting and personal wealth advisory firm, The Practice, officially opened its Sydney office, headed up by...

  17. Non-major bank finds tech a mixed bag for accountants

    prior. Advisory services made up 34 per cent, tax services contributed 22 per cent, and bookkeeping was responsible for the last 3 per cent. This changing make-up of services is the result of increasing importance of technology in accounting services...

  18. Budget 2017 analysis: Key reform exclusions and when we’re likely to see them

    Australia’s tax law is complex enough without having two assessments acts for taxpayers and their advisers to deal with. In last year’s budget, the government announced a number of “tax reform” measures as part of what it called its “Ten Year Enterprise...

  19. Budget 2017 analysis: A wrap of the key revenue measures for accountants and their clients

    Several revenue measures have been introduced by federal treasurer Scott Morrison last night, and they have a direct impact on Australian businesses and taxpayers. The major revenue measures announced in the budget included: - a new major bank levy...

    • Type: Article
    • Author: Thomson Reuters
    • Category: Tax

  20. HECS threshold changes hit taxpayers hard

    The government has announced a notable drop in the HECS debt repayment thresholds from next year. As announced in last night’s federal budget, the government will be introducing a new set of repayment thresholds from 1 July 2018. Currently, a HECS debt...

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