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  1. FWO greenlights select workplace COVID-19 vaccine mandates

    and ask them to prove they’ve had it. The Fair Work Ombudsman (FWO) released updated workplace COVID-19 vaccination guidance last week, which maps out a four-tier system highlighting the select circumstances under which some Australian employers would...

  2. Critics say ATO forward-planning neglects tax profession

    on measures that could further exacerbate their workloads, critics say. The ATO’s 2021–22 corporate plan, released early last week, has attracted criticism for its focus on measures that have historically added double-handling to the workloads of...

  3. Lockdowns demand more from staff engagement programs

    have re-evaluated their staff benefits programs to better reflect the mental health needs of employees and their families. Last year, some of the firms within the HLB Mann Judd network provided staff with a Recharge Day in lieu of Melbourne Cup Day, for...

    • Type: Article
    • Author: Tony Fittler, HLB Mann Judd Australasian Association
    • Category: Business

  4. Employee share scheme report lands in the House

    in one place. The inquiry into the effectiveness of the 2015 employee share scheme reforms was first announced in February last year, when it was faced with determining whether previous changes were effective in “bolstering entrepreneurship in Australia...

  5. Mackay Goodwin touts extended service offering amid rebrand

    Goodwin has always specialised in helping businesses recover from economic challenges,” Mr Calabretta said. “Over the last year, it has become very apparent there are also some fantastic organisations, both listed and unlisted, as well as start-ups,...

  6. CA ANZ takes aim at ASIC’s indicative levies

    cases, significantly reduced turnover in 2020–21 to meet ASIC’s levies,” CA ANZ said. CA ANZ points to estimates released last June which suggested the 2019–20 industry levy for registered company auditors would be $628; liquidators, $101; and financial...

  7. JobSaver eligibility clarified to include regional lockdowns

    processing at Service NSW, whom critics say were ill-equipped to administer the scheme. Data revealed by Service NSW last week showed 208,775 applications worth $1.6 billion in financial support have now been approved for payment, out of a total of...

  8. Federal government under fire for patchwork support to lockdown-ravaged businesses

    “The patchwork of relief from states all doing their own thing in response to a national emergency is making it worse than last year when we had a Commonwealth approach,” said Mr Greco. “JobSaver was supposed to be the national response to extended...

  9. Asparq makes double swoop for accounting, insurance firms

    consulting role at Asparq. The acquisitions emerge as a new stage of growth for the boutique multidisciplinary firm, which last year announced the appointment of former Ernst & Young tax partner Denise Brotherton as its accounting and advisory business...

  10. Carbon Group expands in South Australia

    firm Haydon Kinnaird. The network has been on an aggressive growth streak since it launched in 2014, and has committed the last three years to establishing “hubs” in states across the country, after locking in more than 13 mergers and acquisitions in...

  11. ATO queried over Top 100 engagement approach

    all Top 100 taxpayers, according to newly released guidance, even if they manage to secure a high assurance score. The ATO last week released guidance on its approach to monitoring and maintenance among its Top 100 Justified Trust Program, which will...

  12. Government freezes ASIC financial adviser levy, launches review

    their way through the Parliament, including the introduction of a single disciplinary body and a compensation scheme of last resort,” Mr Frydenberg said. “[The] Treasury will also review the ASIC industry funding model while this temporary relief is in...

  13. Calls for share scheme reform mount in the face of ‘economic crisis’

    committee on tax and revenue tabled its Owning a Share of Your Work: Tax Treatment of Employee Share Schemes (ESS) report last week, detailing 18 key recommendations off the back of an inquiry tasked with probing the effectiveness of 2015 reforms. The...

  14. BDO appoints new audit partner

    its Sydney-based financial services practice. Paul Doyle will join BDO’s partnership after joining the mid-tier in February last year as a consultant, after nearly three years in a similar role at Hamel Group. Before that, Mr Doyle spent just over two...

  15. ATO unveils new lodgement deferral phone service

    support is available to all tax professionals whenever you need it,” said Ms Wood in an open letter to the tax profession last month. “Our supported lodgement program is available for when you have been affected by issues such as ill-health, the loss of...

  16. Tax Commissioner threatened with contempt as JobKeeper stoush escalates

    senator Rex Patrick urged the Senate to commence contempt proceedings against Commissioner of Taxation, Chris Jordan, last week for failing to comply with a final Senate order that required him to publish details related to large companies that received...

  17. Treasury undertakes review of insolvent trading safe harbour legislation

    a restructure will now come under review in a bid to make the provisions available to a broader cohort. The Treasury last week opened the consultation process on a review of the Treasury Laws Amendment (2017 Enterprise Incentives No. 2) Act 2017, which...

  18. Accountants eager for reopening, even as cases rise

    is largely in step with the broader business community. Business Council of Australia chief executive Jennifer Westacott last week doubled down on government vaccination messaging, calling for the expedited reopening of the Australian economy. “The...

  19. ATO prosecutions fall by 70% in FY21

    The ATO’s prosecution results showed that prosecutions for more serious tax-related crime were down on levels recorded last year, though only marginally. In the FY21, the ATO prosecuted 20 cases, all of which resulted in convictions. The 20 cases dished...

  20. Accountants to gain client credit risk transparency through new partnership

    however, has confirmed that it will not implement a universal pause on all compliance work, a departure from its position last year where it halted all debt and lodgement campaigns in light of the COVID-19 pandemic. “We have not halted our debt and...

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