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  1. Mid-tier announces 5 new partners

    financial-year appointments with the promotion to principal in its private advisory business in Cairns. All six of the new leaders have been with Grant Thornton or one of its predecessors for their entire careers, the firm said. Grant Thornton chief...

  2. Australian partner appointed as mid-tier’s Asia-Pacific chair

    partner at HLB Mann Judd Perth who will be retiring after 22 years at the helm. The appointment of Mr Henderson will see him lead HLB Asia Pacific over the next three years, and be primarily responsible for implementing HLB’s strategy and growth...

  3. ATO reins in early access to super tax schemes

    The ATO’s guidance also leans towards a pragmatic approach to fast-moving scenarios encountered by taxpayers that may lead them to withdraw and re-contribute their super. “We understand that these are uncertain times and people’s circumstances change,...

  4. The top three tips to successfully automate key business processes in your accounting practice

    out for processes that involve a number of steps and/or people, that are prone to data entry or human errors, and that often lead to inconsistent outcomes. The processing and distribution of ATO correspondence, updating client details and email...

    • Type: Article
    • Author: ATOmate
    • Category: Business

  5. Accounting network expands Victoria offering

    Melbourne. The merger will see Ross Group rebranded to Carbon Group, with Igor Hnatko, who joined Carbon in 2019, to lead the rebranded firm as principal partner. Ross Group managing director Ashley Ross said the merger came down to Carbon’s growth and...

  6. Mid-tier appoints joint audit chairs

    team from Forsythes Assurance and Risk merged with PKF. PKF Australia chair Norm Draper said he was confident the new joint leadership model would be successful, and thanked Mr Bradby for growing the firm’s audit and assurance practice during his time....

  7. JobKeeper public register ruled out as payments reach $13bn

    by the government and the Tax Office. Tax experts have publicly floated the idea that Australia should follow New Zealand’s lead and introduce a public register of businesses part of the JobKeeper wage scheme to curb wrongdoing. Pressed by Greens...

    • Type: Article
    • Author: Maja Garaca Djurdjevic
    • Category: Tax

  8. Accountants Daily Australian Accounting Awards Finalist Showcase – Boutique Firm of the Year (less than 20 employees)

    categories. In this episode, Accountants Daily editor Jotham Lian is joined by Malika Siyali, market development and agile lead at Thomson Reuters, Gold Partner of the awards, and two finalists who share how they are feeling about having gained...

  9. ‘Consult us first’: Government warned against hasty stimulus changes

    cognisant of the implementation risks associated with adjusting current stimulus measures and any reforms,” said CA ANZ tax leader Michael Croker. “Adequate lead times must be provided so that we and the clients we serve have an opportunity to plan and...

  10. $150k instant asset write-off set for significant drop

    that the asset will need to be used or installed ready for use by 30 June 2020. “Often, more expensive assets have a longer lead time between order and delivery/installation, so businesses that want to claim the deduction need to get their orders in,”...

  11. Tax reform to feature heavily in PM’s JobMaker plan

    not get you results,” he said. On industrial relations, Mr Morrison revealed that Attorney-General Christian Porter would lead a reform agenda for the industrial relations system, focusing on award simplification and revisiting enterprise agreement...

  12. Practitioners potentially ‘misled’ by ATO’s JobKeeper turnover guidance

    ATO’s JobKeeper guidance on its website may have been misled to believe their clients are ineligible for the program, says a leading tax expert. The Tax Institute’s senior tax counsel, Professor Robert Deutsch, believes tax practitioners who are only...

  13. Tax storm looms for super

    will dig deep into the retirement system and to be the basis for resetting government policy, with the COVID-19 crisis to lead to more substantial changes than the government would normally take. Industry speculation for example, he said, has forecast...

    • Type: Article
    • Author: Sarah Simpkins
    • Category: Tax

  14. What the EOFY will look like for accountants

    on this episode of Accountants Daily Insider to share her insights into the challenges she foresees for accountants in the lead up to the EOFY and some practical tips for practitioners in balancing their workloads come tax time. Amanda also reflects on...

  15. Managing cash flow in an accounting practice in tough times (Part 2)

    costs Typically, wages are one of the highest costs associated with running the practice. The obvious quandary for practice leaders is that although client demand (or need) for advice has probably never been greater and good accountants are scarce as...

    • Type: Article
    • Author: Michael Croker, CA ANZ
    • Category: Business

  16. Mid-tier launches accounting subscription model

    fees to give clients access to cloud-based advice using their own data. Pitcher Partners Adelaide innovation lead and Pitch Labs co-founder Jarrod Morris believes the fixed monthly rate model will encourage clients to reach out for real-time accounting...

  17. Former ATO exec to lead tax policy at peak body

    A former ATO second commissioner will now lead the tax policy agenda at the Tax Institute as it looks to consolidate its advocacy efforts ahead of an anticipated tax reform push by the government. The Tax Institute has now announced the appointment of...

  18. TPB acknowledges wellbeing concerns with latest concession

    Michael O’Neill. “We understand that your health and safety and that of your family’s is of utmost importance, and this can lead to not being able to meet some of your obligations with us.” The TPB has also noted that while the 25 per cent professional...

  19. Incoming insolvency spike could prompt bankruptcy changes

    The inevitable spike in business insolvency numbers as a result of the COVID-19 crisis should lead to permanent legislative reform around bankruptcy, says an insolvency expert. Part of the government’s $66 billion stimulus package announced in late...

  20. Specialised firm tackles spike in COVID-19 fraud

    because of poor advice from trusted advisers. “The consequences are predictable. A lack of insight and expertise can lead to communication failures, mistakes in investigation or the analysis of evidence, and ultimately, substantial and unnecessary...

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