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  1. Steve Vamos to succeed as Xero chief executive

    time is right to make the transition at CEO level,” said Mr Smith. “We believe Steve Vamos brings an invaluable skill set to lead Xero. “He has worked in some of the world’s largest tech companies and is a recognised, purpose-driven people leader, with...

  2. Payroll tax debate stirs up nationally

    piece on The Australian. “I challenge the government to do a deal with the states and remove payroll tax ­because that will lead to more jobs,” said Senator Hanson. This comes as the federal government seeks its return to surplus, which has seen popular...

  3. ‘No blanket extensions’: ATO set to contact 150,000 in STP push

    for large employers, and it’s 1 July 2018. That won’t shift, that is the date they need to start reporting by,” STP program lead at the Australian Tax Office (ATO), John Shepherd, told Accountants Daily. There is a process for deferrals in place, which...

  4. New CGT changes tipped to impact Aussie expats, trigger ‘property Armageddon’

    then there will be no main resident exemption; I have to pay tax on my profit. Mr van der Merwe added that the proposal will lead to considerations by individuals who are either foreign residents or who foresee becoming foreign residents, to sell their...

  5. BDO nabs rival mid-tier partner

    and management consulting is similarly responding to increased demand for their respective offerings,” said Mr Toll. BDO lead partner for risk advisory services in WA, Andrew Hillbeck, welcomed Ms Hobson’s appointment amidst constant emerging risks....

  6. Mid-tier looks to tackle lengthy cash lock-up days

    Kurtonal. “We looked at our business and we were still accepting cheque and cash and payments that we know aren't going to lead us into the future so we designed the portal. “We're fairly confident with the next few phase roll-outs that we have planned...

  7. Do you want to be a rusted adviser?

    for our colleagues in the future. Unfortunately, I do not believe we are being served well at the current time and this will lead us and our profession to a destination which is not desired. The profession is changing and it is changing quickly. Action...

  8. ‘Watch very closely’: mid-tier flags fuel tax credit change delay

    December consumer price index by the Australian Bureau of Statistics has delayed the fuel tax credit rate change, which may lead to complications for clients if tax professionals are not on the ball. CPI for December 2017 was published by the ABS on 31...

  9. KPMG Australia moves into new advisory space

    KPMG has made two high profile appointments to lead its new social media advisory group, as fractured public trust becomes a “boardroom-level priority”. Louise Pogmore, formerly managing partner of PR agency One Green Bean, and Greg Daniel, former CEO...

  10. Institutional, big 4 exec hires mark service line boosts for Grant Thornton

    as a partner in its financial services division. “We are excited about expanding our expertise in this important area,” said lead partner of Grant Thornton’s financial services industry group, Madeleine Mattera. Chris Watson is also returning to the...

  11. New surveillance tactics on the cards for tax time 2018

    the ATO in 2018, particularly when it comes to work-related expenses. Chartered Accountants Australia and New Zealand’s tax leader, Michael Croker, said accountants should expect the ATO to ramp up its use of behavioural science and education to keep...

  12. Mid-tier flags popular business succession hurdles

    for some businesses to start to lose one or two key customers or for other slight changes to occur which can quite quickly lead to a decline in the value of the business,” he warned. “[This] makes it much more challenging to market the business and...

  13. Tax, technical quirks put clients at ‘crippling’ risk of penalty

    cycle to other tax obligations and to pay superannuation to the employee’s choice of superannuation fund. “This can lead to an employer with 30 or 40 employees having to make payments to dozens of different superannuation funds. “To add insult to...

  14. Pushing for change 'horribly underestimated' in accounting, consultant finds

    there's definitely a contingent of people who resist change,” said Ms Penn. “Quite often you do need someone externally to [lead change] especially if the reason you've got a consultant in in the first place is because you're so busy you don't know if...

  15. 'Constant attention from accountants' tipped with new SMSF borrowing rules

    Proposed new measures for SMSF borrowing arrangements are set to lead to “messy arrangements requiring constant attention from accountants” and will impede the attractiveness of gearing in super, according to the Tax Institute. Last week Treasury...

  16. Keeping the season of giving alive

    other ways to give back. Volunteering and fundraising can equally make a positive difference. Julia Newbould, Stella Network lead, BT Financial Group

  17. KPMG adds 25+ staff to Aus office in new cyber security play

    opportunity for enterprises to find new growth engines and innovate amid this disruption,” said Gordon Archibald, national lead, cyber security services, KPMG Australia. “KPMG’s IAM solutions team can help clients across all industries to protect their...

  18. Supply, demand patterns for firms creates 'interesting dynamic'

    be actually starting to see it happen,” Ms Penn said. While this is likely to still be 10 years away, she expects this will lead to an increase in the number of firms being sold. “I think the combination of Baby Boomers retiring, changes [in the...

  19. Big 4 firm features heavily in Board of Taxation appointments

    and the International Business Council of the World Economic Forum. Mr Yaxley was appointed Western Australia state lead tax partner in 2013, with 30 years of corporate tax experience under his belt. He was extensively involved in mining industry tax...

  20. Advice, tax group makes WA acquisition

    reps and those joining the group can expect significantly expanded services including our proven range of marketing and lead generation programs, and established training and education services,” he said. Settlement of the deal is expected to be...

    • Type: Article
    • Author: Reporter
    • Category: Tax
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