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  1. ATO clears up FAQs about Single Touch Payroll

    alike have cleared up some common points of confusion about associated AUSkey and myGov requirements. The ATO’s project lead for STP, John Shepherd, joined a panel of professionals to discuss the practical implications of STP earlier this week. You can...

  2. Tax deductions flagged for super in lead-up to EOFY

    Contribution strategies should be considered in the lead-up to 30 June for superannuation to ensure a favourable tax position for clients, according to one technical expert. With 30 June not far away, AMP technical strategy manager John Perri said that...

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

  3. BAS streamlining in the works as STP hits new milestone

    statements, including through more pre-filling, as its STP rollout hits a new milestone with small business. The ATO’s STP lead, John Shepherd, addressed small businesses in a webcast with sister title My Business, which you can access for free here. Mr...

  4. Should I employ tech-savvy people or invest in training my staff?

    use – Ensure you tie the training with their current job requirements. Remind staff that additional knowledge could lead to a future promotion or pay increase. Break it up into small steps – Be patient. Some employees may pick it up quickly, but others...

  5. From builder’s labourer to CA’s star performer

    what we achieved, the mental discipline and the intellectual challenge. As my role has changed in Sequel CFO, I now need to lead my franchisees to be their own business owners. Our franchisees get that accounting is about helping business owners make...

  6. AAT affirms TPB’s termination of tax agent registration

    of the TPB’s findings were that by failing to disclose various overdue tax obligations, Mr Hill had made false and misleading statements to the TPB relating to his personal taxation affairs in his 31 March 2016 registration renewal application, his 11...

  7. CPA launches review into rising regulatory burden

    Industry has shone a bright light on financial advice and consumers. It is expected that the report recommendations will lead to further regulation and compliance obligations on sectors that are already subject to significant compliance costs and...

  8. Super policies divide voters ahead of election

    Industry polling has revealed that, while the Liberal Party is the preferred party based on superannuation policy, their lead margin suggests there is still strong division among voters. A straw poll conducted by sister website SMSF Adviser with a...

  9. ATO tax governance scrutiny driving corporate transformation

    says Thomson Reuters. With the Tax Office changing its approach to engaging with businesses, Thomson Reuters regional lead for strategic alliances and global firms, Hydar Al Ammar, said that he has seen businesses begin to reach out to better understand...

  10. Delivering a quarterly reporting and meeting service

    just because you can. Give me the two that really matter. And please, don’t go straight to expenses in your commentary. Lead me through my revenue and gross margins. Help me uncover the underlying issues that will determine my future. Prompt my interest...

    • Type: Article
    • Author: Scott Charlton, Slipstream Coaching
    • Category: Business

  11. ‘Bottom of political barrel’: Profession slams Labor’s attack on accountants ‘rort’

    Opposition leader Bill Shorten has labelled the deductibility of the cost of managing tax affairs as a “rort”, hammering home his plans to limit deductions to $3,000, as the industry hits back. Reinforcing his plans to limit the deductions for the cost...

  12. Former big four tax partner joins mid-tier

    A former big four partner has been recruited to lead the trans-Tasman tax advisory business of a mid-tier network. Findex has announced the appointment of Mark Azzopardi as managing partner for the tax advisory service line. Mr Azzopardi, a former tax...

  13. Election called: The big-ticket items for tax, accountants

    in, not just for the next three years but for the next decade,” Mr Morrison said. “It’s a choice between a government that I lead and the alternative of a Labor government led by Bill Shorten. “You will have a choice between a government that is...

  14. Big four superannuation partner joins super fund

    has announced the appointment of Adam Gee as its head of strategy, effective from May 2019. Mr Gee was most recently the lead partner of KPMG’s superannuation advisory practice and was previously chief executive of superannuation research and ratings...

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

  15. Auditors set for name and shame for poor audit quality

    RCAs where it appears there may be a breach of the law; accurately record all disciplinary processes, including those that lead to no substantive action; and formalise processes for advising each other and the FRC of their disciplinary proceedings,...

  16. Tax practitioners face new TPB 72-hour client complaint deadline

    the complaint within three business days. Failure to attempt to resolve the complaint within the stipulated time frame could lead to further investigation by the TPB. Practitioners will have to notify the regulator on the outcome of the discussion with...

  17. What will your practice look like in a paperless environment?

    processed manually by hand. It looks like freedom – and it’s not in the future, it’s now! Joseph Robins, Australia country lead, GoCardless

  18. Labor start date draws industry flak

    he said. “The mismatch will cause complications and compliance difficulties,” he continued. “The reasoning behind the lead time to the commencement date is unclear, and may result in artificially high sales activity in the lead-up.” The Tax Institute...

  19. Ten key features of an accounting firms website

    be a cross section of case studies from small businesses to large enterprises. Mention the strategies you implemented that lead to for example, tax minimisation, increased profitability, or improved cash flow. Also for privacy reasons, you should use...

    • Type: Article
    • Author: Joe Kaleb, Australianbiz
    • Category: Business

  20. From the Hungry Cowboy to Deloitte: How this accountant dealt with career curveballs

    on George Street, Sydney called “The Hungry Cowboy” (yes, we had to wear cowboy hats). I am now a partner and national SMSF leader at Deloitte Australia based in Melbourne. What personal wins and struggles have impacted your career? I was a mature age...

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