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  1. Treasurer makes moves to prevent 'overtax' in Australia

    the room to ensure that they don't overtax the Australian economy and drive down growth.” Mr Morrison believes that at the last election, Labor abolished their commitment to a tax-to-GDP cap despite the fact they introduced it when they were last in...

  2. Deloitte finds Aussie CFOs more uncertain than ever

    ‘above normal’ and ‘very high’.” While it was Donald Trump’s surprise US presidential election win that characterised last year’s atmosphere of uncertainty, the new president is expected to have little short-term impact on Australia. “[CFOs] are taking...

  3. MYOB data reveals change in SME sentiment, patterns

    biannual Business Monitor survey of over 1000 SMEs today. In reviewing the results of the Business Monitor survey from the last seven years, MYOB has discovered that Australian businesses are becoming more resilient and flexible in a changing economic...

  4. Is ranking highly in Google really important for your accounting firm?

    pretty nice holiday. So how do you achieve the legendary first place in Google? And once you get there, what happens? In the last decade, I’ve worked with hundreds of accounting firms across the English-speaking world, helping them with their websites...

  5. Raft of appointments for mid-tier as growth beckons

    people and to understanding what their options are.” HLB Mann Judd has made a number of appointments and promotions over the last six months in these key service areas. In January, the firm recruited Chew Mar as director and head of its restructuring...

  6. Govt appoints commissioners of taxation

    ATO have been plagued by digital downtime, including one of the worst unplanned outages the ATO has experienced in December last year, he has delivered strong results. The ATO recently confirmed that in 2017, it has raised $2.9 billion in tax...

  7. Is commercial property the golden goose of an investment portfolio?

    are relying solely on capital growth for an investment return. “Residential property has seen strong capital growth over the last few years but with many experts predicting that market has peaked or is close to peaking, there is a very real risk that...

    • Type: Article
    • Author: Content Partner
    • Category: Business

  8. New robo-advice tool released for accountants

    are now able to direct their clients to digital financial advice through a new partner program launched by Stockspot. Last month, digital investment adviser and fund manager Stockspot launched its Partner Program for Accountants. Stockspot began giving...

  9. Boutique makes senior hires post-merger, plans to go national

    a former mid-tier partner to launch a Sydney office in what is just the first step of its east coast expansion plans. Last week, business consulting and personal wealth advisory firm, The Practice, officially opened its Sydney office, headed up by...

  10. Non-major bank finds tech a mixed bag for accountants

    prior. Advisory services made up 34 per cent, tax services contributed 22 per cent, and bookkeeping was responsible for the last 3 per cent. This changing make-up of services is the result of increasing importance of technology in accounting services...

  11. Acquisition launches advice network’s accounting focus

    Advisory (AZ NGA) signed a binding sale and purchase agreement to acquire the entire capital of Peters & Partners (P&P) last Friday. P&P is a full service accounting firm that offers business and taxation services, SMSF accounting and administration,...

  12. CA ANZ strengthens key partnership

    and the Association of Chartered Certified Accountants have announced plans to co-locate staff in a number of locations. Last year, Chartered Accountants Australia and New Zealand (CA ANZ) and the Association of Chartered Certified Accountants (ACCA)...

  13. Big four pleased with key state law amendment

    with the other states’ landholder and corporate reconstruction and consolidation laws. Speaking at the Tax Institute forum last week, PwC partner Rachael Cullen discussed several recent legislative changes, including the Tasmanian Duties Amendment...

  14. ATO deputy commissioner resigns

    granted. This follows an eight-month joint investigation between the AFP and the ATO which resulted in multiple arrests last month relating to a syndicate responsible for a $165 million tax fraud against the Australian government. One of the arrested...

  15. Fight against new property tax laws taken to govt

    in past years. “If you are an investor and you haven't done your tax depreciation properly, you can actually... amend the last two years of your tax return and go back and ask for some money from the tax office,” he said. “Coming up to tax time, you're...

  16. $20K instant asset write-off extension locked in

    a tax return till sometime after the end of the financial year so it’s very advantageous to take advantage of it in the last couple of weeks of this financial year.” The upfront tax deduction for SMEs with an annual turnover of less than $10 million was...

  17. Breaking down a new lending landscape

    managing director and CEO of The Invoice Market. “The reason that alternative lending has really come to the fore over the last three, four, five years is because of the difficulty traditionally that small business, and even medium-sized businesses have...

  18. Fee-for-service financial advice model criticised

    operating on a fee-for-service only model, saying there is a major difference between advice and accounting businesses. Last week, the Accounting Professional & Ethical Standards Board (APESB) closed submissions to its consultation paper on the post...

  19. ATO clarifies contentious business definition

    tax rate reduction. The ATO’s interpretation of whether a company is carrying on a business or a not came into the limelight last week with confusion over whether the corporate tax rate cuts will apply to passive investment companies. The Minister for...

  20. ‘Sleeping giant’ accounting bodies told to play catch up

    revealed that the majority of accountants are unsatisfied with their professional association. Accountants Daily ran a poll last month asking readers if they are satisfied with their professional association. Of 761 respondents, 76.8 per cent said no...

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