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  1. Big 4 firm features heavily in Board of Taxation appointments

    and the International Business Council of the World Economic Forum. Mr Yaxley was appointed Western Australia state lead tax partner in 2013, with 30 years of corporate tax experience under his belt. He was extensively involved in mining industry tax...

  2. Supply, demand patterns for firms creates 'interesting dynamic'

    be actually starting to see it happen,” Ms Penn said. While this is likely to still be 10 years away, she expects this will lead to an increase in the number of firms being sold. “I think the combination of Baby Boomers retiring, changes [in the...

  3. KPMG adds 25+ staff to Aus office in new cyber security play

    opportunity for enterprises to find new growth engines and innovate amid this disruption,” said Gordon Archibald, national lead, cyber security services, KPMG Australia. “KPMG’s IAM solutions team can help clients across all industries to protect their...

  4. Keeping the season of giving alive

    other ways to give back. Volunteering and fundraising can equally make a positive difference. Julia Newbould, Stella Network lead, BT Financial Group

  5. Pushing for change 'horribly underestimated' in accounting, consultant finds

    there's definitely a contingent of people who resist change,” said Ms Penn. “Quite often you do need someone externally to [lead change] especially if the reason you've got a consultant in in the first place is because you're so busy you don't know if...

  6. Tax, technical quirks put clients at ‘crippling’ risk of penalty

    cycle to other tax obligations and to pay superannuation to the employee’s choice of superannuation fund. “This can lead to an employer with 30 or 40 employees having to make payments to dozens of different superannuation funds. “To add insult to...

  7. Mid-tier flags popular business succession hurdles

    for some businesses to start to lose one or two key customers or for other slight changes to occur which can quite quickly lead to a decline in the value of the business,” he warned. “[This] makes it much more challenging to market the business and...

  8. New surveillance tactics on the cards for tax time 2018

    the ATO in 2018, particularly when it comes to work-related expenses. Chartered Accountants Australia and New Zealand’s tax leader, Michael Croker, said accountants should expect the ATO to ramp up its use of behavioural science and education to keep...

  9. Institutional, big 4 exec hires mark service line boosts for Grant Thornton

    as a partner in its financial services division. “We are excited about expanding our expertise in this important area,” said lead partner of Grant Thornton’s financial services industry group, Madeleine Mattera. Chris Watson is also returning to the...

  10. Do you want to be a rusted adviser?

    for our colleagues in the future. Unfortunately, I do not believe we are being served well at the current time and this will lead us and our profession to a destination which is not desired. The profession is changing and it is changing quickly. Action...

  11. Mid-tier looks to tackle lengthy cash lock-up days

    Kurtonal. “We looked at our business and we were still accepting cheque and cash and payments that we know aren't going to lead us into the future so we designed the portal. “We're fairly confident with the next few phase roll-outs that we have planned...

  12. BDO nabs rival mid-tier partner

    and management consulting is similarly responding to increased demand for their respective offerings,” said Mr Toll. BDO lead partner for risk advisory services in WA, Andrew Hillbeck, welcomed Ms Hobson’s appointment amidst constant emerging risks....

  13. New CGT changes tipped to impact Aussie expats, trigger ‘property Armageddon’

    then there will be no main resident exemption; I have to pay tax on my profit. Mr van der Merwe added that the proposal will lead to considerations by individuals who are either foreign residents or who foresee becoming foreign residents, to sell their...

  14. ‘No blanket extensions’: ATO set to contact 150,000 in STP push

    for large employers, and it’s 1 July 2018. That won’t shift, that is the date they need to start reporting by,” STP program lead at the Australian Tax Office (ATO), John Shepherd, told Accountants Daily. There is a process for deferrals in place, which...

  15. Payroll tax debate stirs up nationally

    piece on The Australian. “I challenge the government to do a deal with the states and remove payroll tax ­because that will lead to more jobs,” said Senator Hanson. This comes as the federal government seeks its return to surplus, which has seen popular...

  16. 2 in 3 SME owners falter on succession as advice opportunity increases

    its history and values, and how to educate them to preserve and enhance the legacy that’s been created. “Who will ultimately lead the business, who will own it and how to transition wealth to the next generation are other key concerns.” Further, Mr...

  17. MYOB announces trial launch of STP product

    while individual employers may also apply for a deferral, provided they meet a number of requirements. However, STP program lead at the ATO, John Shepard, said there will be no mass deferral of start dates. “The date is set for STP for large employers,...

  18. PwC flags social, legal risks for big-name clients

    could expose them to risks in the mid-term. Legislative intervention is a likely risk, particularly if Australia follows the lead of the United Kingdom, which is introducing mandatory reporting laws for its gender pay gap figures. “What this is...

  19. Jirsch Sutherland announces Brisbane acquisition

    the fear of breaching strict insolvent trading laws,” said Ms Muller. “Jirsch Sutherland’s expertise means that we should lead the field in this area – especially as the industry moves to crack down on unscrupulous and unqualified pre-insolvency...

  20. Government, ATO cash blitz tipped to raise $5bn

    cash focus, could generate up to $5 billion per annum in Commonwealth revenue, according to new modelling by KPMG. KPMG lead tax partner, Grant Wardell-Johnson, said that by using methodology employed by the Australian Bureau of Statistics, the...

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