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  1. Pitcher Partners poaches KPMG tax expert

    with a formidable depth of talent in the partner group and its wider teams. I’m thrilled to be joining," he said. In the last 12 months, the Pitcher Partners Association has announced six new partner appointments in Brisbane, Melbourne and Perth,...

    • Type: Article
    • Author: Michael Masterman
    • Category: Tax

  2. CFO optimism surging, says Deloitte

    he added. “This is great news, and the underlying story appears to be the Australian dollar falling 15 per cent in the last six months to below the US$0.80 mark, and interest rates at record lows, and possibly heading lower still. “The dollar in...

    • Type: Article
    • Author: Staff Reporter
    • Category: Business

  3. CCH hires former Reckon leader

    addition to our Asia Pacific business and will be integral to the global success story that is CCH iFirm.” As reported last week in AccountantsDaily, Mr Sanders’ departure from Reckon has seen Sam Allert promoted to the newly-created position of...

    • Type: Article
    • Author: Michael Masterman
    • Category: Business

  4. Leave dividend imputation alone, says RSM Bird Cameron

    investors. Dividend imputation has been debated vigorously since the government released the Tax Discussion Paper last month, which posed several questions around the value of the system, including whether the dividend imputation system is continuing to...

    • Type: Article
    • Author: Staff Reporter
    • Category: Business

  5. End-of-year valuation principles for SMSFs

    property may not need an annual valuation unless a significant event occurred that may have changed its value since it was last valued. As long as the trustees are able to demonstrate that the valuation has been arrived at using a fair and reasonable...

  6. CAANZ outlines Budget wish list

    “Short-term cuts are only going to serve as a Band-aid, and they risk destabilising business and consumer confidence. The last thing we need is a pre-election Budget. We need a Budget that is strategic and forward thinking,” Mr White said.

    • Type: Article
    • Author: Staff Reporter
    • Category: Business

  7. IPA calls for small business finance guarantee

    a state-based loan guarantee scheme for small business. Following opposition leader Bill Shorten’s Budget reply speech last week, in which he announced a package that would partially guarantee loans for some small businesses, IPA chief executive officer...

    • Type: Article
    • Author: Staff Reporter
    • Category: Business

  8. Non-compliance common among SMSFs with no accountant

    according to Investment Trends data. Speaking at the Chartered Accountants Australia and New Zealand conference last week, Investment Trends research analyst Recep III Peker said accountants are finding a large number of contraventions within the SMSFs...

    • Type: Article
    • Author: Miranda Brownlee
    • Category: Super

  9. Opposition attacks govt over super tax policy

    taxes for the wealthy, declaring current tax concessions for superannuation earnings in retirement unsustainable. Late last month, federal opposition leader Bill Shorten outlined Labor’s tax policy for superannuation if the party is elected to...

    • Type: Article
    • Author: Katarina Taurian
    • Category: Tax

  10. Research reveals big opportunity for accountants

    19 per cent of businesses in the sector using an external accountant. The Intuit Financial Fitness Startup Study, released last week, has revealed a number of industry trends that point to a great opportunity for accountants to help drive growth in...

    • Type: Article
    • Author: Staff Reporter
    • Category: Business

  11. Are banks leaving your clients in the lurch?

    couldn’t cope. They refused to temporarily increase the overdraft and they wanted the client to refinance. We didn’t ignore last year’s net profit of over $1 million, the substantial cash flow, the flexible and receptive attitude of the directors, and...

  12. KPMG appoints new head of tax

    “She has been passionate and prominent in advocating for reform of Australia’s tax laws, including representing the firm last month at the Senate inquiry into tax avoidance and minimisation,” Mr Wingrove said.

  13. ACCC issues scam warning

    to be on the lookout for scams targeting their small business clients. ACCC deputy chair Michael Schaper, who spoke last week at the IPA’s Tasmanian congress, said the commission receives thousands of complaints every year about scams targeting small...

    • Type: Article
    • Author: Staff Reporter
    • Category: Business

  14. Hays predicts bad year for accountants' salaries

    45 per cent will scale back their use of temporary and contract roles in the year ahead. This is a significant shift from last year (when just 13 per cent said their use of temporary and contract staff would decline) and it reflects employer confidence....

    • Type: Article
    • Author: Michael Masterman
    • Category: Regulation

  15. Succession planning overlooked by family businesses, says EY

    Australian family businesses, according to a new report from EY. The report, Staying power: how do family businesses create lasting success?, launched by EY and Kennesaw State University’s Cox Family Enterprise Centre, surveyed 25 of the largest...

    • Type: Article
    • Author: Staff Reporter
    • Category: Business

  16. Businesses urged to adopt cloud this financial year

    competitive, resulting in falling prices. This, he said, combined with the generous small business tax concessions in last month's federal Budget, provides the perfect environment for businesses to upgrade their accounting software. “Especially with the...

    • Type: Article
    • Author: Staff Reporter
    • Category: Business

  17. ATO warns of raids on tax agents

    are setting out to cheat the system and where records may be destroyed if we give notice,” he said. The tax office announced last week that phoenix activity costs the Australian economy up to $3.2 billion each year, with honest businesses losing almost...

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

  18. Rule changes see business owners turn to SMSFs

    SMSFs continue to grow in popularity, with 53 per cent of respondents using a SMSF compared with 48 per cent in the survey last year and 45 per cent in 2013. RSM Bird Cameron director Brad Eppingstall said the superannuation rules continue to be...

    • Type: Article
    • Author: Staff Reporter
    • Category: Business

  19. Deloitte launches digital studio

    for transformational digital services in government. Frank Farrall, Deloitte Digital lead partner, noted that over the last two years digital disruption has moved from the edges to the core of the Canberra economy. “The impact of digital disruption on...

    • Type: Article
    • Author: Michael Masterman
    • Category: Technology

  20. PwC names 64 new partners

    capability to work with clients to execute those strategies. "We've also invested in growing our presence in Western Sydney. Last week we released research which shows that one fifth of the nation's economic output comes from just 10 locations, with...

    • Type: Article
    • Author: Michael Masterman
    • Category: Business
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