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  1. Four tips to avoid EOFY burnout

    heavy workloads and deadline pressures are common in the accounting profession, this period of relentless work stress can lead to feelings of anxiety and, worse, burnout. Burnout has been linked to many serious negative physical and mental health...

  2. SMEs suffering post-pandemic mental health hangover

    add to problems for SMEs. “As rewarding as running a business can be, these pressures can impact the wellbeing of those who lead them,” Ms Lea said. “We’ve been monitoring the mental health of business owners since 2020 and while the topic has always...

  3. ATO takes aim at ‘reckless’ claims of legal privilege

    withheld from the ATO. “Reckless LPP claims over non-privileged documents unduly hinder ATO investigations and lead to extended disputes about information gathering, instead of focusing on the resolution of the substantive issue,” she said. “These...

  4. 5 areas your practice needs to focus on for the future of tax

    people find new ways of connecting through digital means. Experts also believe that the democratisation of knowledge will lead to greater transparency – and easier access to – information, which may change the way taxpayers and authorities interact with...

    • Type: Article
    • Author: APS Software
    • Category: Tax

  5. Squirrel Super fined $55k for false property claims

    Federal Court finds financial services company distributed thousands of misleading brochures. The Federal Court has fined Squirrel Superannuation Services Pty Ltd $55,000 for engaging in misleading and deceptive conduct involving the investment...

  6. ‘Broken’ advice system needs accountants to fill gap

    clients want simple, strategic superannuation advice from their trusted adviser – their accountant,” said CA ANZ advocacy lead Simon Grant. “We believe there is, and will continue to be, a need for trusted advisers to look after the financial advice...

  7. BGL appoints Simple Fund 360 connected services manager

    Mr Lesh. “Chin has been a valued and talented member of the BGL team for nine years and we could not be prouder to see her lead BGL’s connected services team into the future.” Ms Tea is a qualified CPA and has worked a variety of positions at BGL,...

  8. 100A blue zone could be scrapped, says ATO

    and the reasons for those, because that will help them in the event that there’s a review and, hopefully, will quickly lead to a resolution of that review.”

  9. RBA responding to out-of-date number, says CPA Australia

    constraints) they are nonetheless forcing businesses to increase prices. “As these feed into wage demands it can quickly lead to a sustained inflationary cycle something that the Australian economy has not experienced for some time. “As all levels of...

  10. Desperate for staff? Inspire, develop… and reward when you can

    a strong employee experience that will help your practice attract and retain staff, regardless of size. Be an inspiring leader There’s nothing more motivating than a boss you believe in and that believes in you. A boss who can communicate the vision of...

  11. ATO promises 12-day turnaround on error-free returns

    But common mistakes will lead to longer processing times, it says. The ATO has pledged to process most electronically lodged tax returns within 12 business days, but said delays are being caused by common mistakes. Tax agents and their clients needed...

  12. Come clean on risks in annual reports, ASIC warns

    financial report, and disclosures in the financial report and Operating and Financial Review. It said uncertainties could lead to a wider range of valid judgements on asset values and other estimates, and financial report disclosures about key...

  13. Grant Thornton appoints two partners in forensic consulting  

    civil and criminal investigations in both the public and private sectors. “My investigation experience has included leading large teams on complex forensic accounting matters involving the analysis of large volumes of electronic data, reconstruction of...

  14. BGL appoints head of Ecosystem

    positioned to step up. “Brad has been a valued and talented member of the BGL team for 12 years and is perfectly suited to lead BGL’s Ecosystem team into the future,” he said. “Brad and his team were responsible for adding more than 250 data feeds,...

  15. ‘Aggressive’ 100A audits prompted calls for guidance  

    there’s going to be a sense in which the parties are going to be feeling each other out jockeying through litigation or the lead up to litigation. “The problem with that, philosophically, logically, is [where] you are then required to prove a negative....

  16. $15bn of tax gap down to simple errors, says ATO

    A “goldilocks” approach to advice would help iron out the mistakes that lead to shortfall. Poor advice and simple errors are responsible for much of the $15 billion small-business tax gap, ATO second commissioner Jeremy Hirschhorn said. He said the...

  17. ATO debt call centre ‘unfit for purpose’

    Routine verification checks for many who deal with the ATO constantly tie up hours of lawyers and tax agents’ time but lead nowhere when the amount exceeds the threshold. “I do not believe the ATO call centre is working properly in relation to...

  18. Accountants lament lack of tax reform ambition

    them, such as climate change, sustainability reporting, and implementing a federal integrity commission,” she said. The tax lead at CA ANZ, Michael Croker, said accountants would be able to help advise on one of Labor’s key election policies. “CA ANZ...

  19. CountPlus appoints CEO and CFO

    executive and Laurent Toussaint as chief financial and operating officer. The company said Mr Humphrey’s appointment would lead the company into its next growth stage, starting in July. Chairman Ray Kellerman said the appointment would ensure that...

  20. BDO appoints specialist employment tax partner

    Melbourne, Ms Merlino joins BDO from PwC where she was director of financial advisory and employment taxes. BDO’s Melbourne lead partner for people advisory, Ben Renshaw, said Ms Merlino would add strength and depth to the firm’s people advisory...

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