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  1. Nexia Perth has realised the ambition of being able to work “anytime, anyplace, anywhere”

    for a much smoother workflow.” Susan Montonari, Chief Operating Officer (COO) at Nexia Perth takes up the story “Over the last seven years or so, we have gradually moved all our practice software to the cloud”. As COO, Susan is constantly looking to...

    • Type: Article
    • Author: MyWorkpapers
    • Category: Business

  2. Nexia Australia announces new chair

    having been a director at the firm’s Perth office since 1994. Mr Di Giulio will succeed Ian Stone, who was appointed last year as chair of Nexia International, marking the first time a representative from Australasia has been selected to chair the...

  3. New workplace laws get regulator’s nod, up penalty price tenfold

    pay slips to workers, or provide the Fair Work Ombudsman (FWO) with false information or documents. FWO noted that last financial year, two-thirds of its court cases involved alleged record-keeping or payslip contraventions with nearly one-third...

  4. New TPB chair unveiled

    Mr Frydenberg. “The government also wishes to thank outgoing chair Mr Ian Taylor for his significant contribution over the last six years.” [email protected]

  5. New tax crackdown adds to deductions ‘crusade’

    signalled earlier this week it will be upping its focus on claims related to car expenses this tax time, after finding last year that a significant portion of claims were just below the limit of requiring detailed records. However, some, like H&R...

  6. New tax avoidance rules kick in, corporate clients on notice

    act quickly to determine if their corporate clients are impacted and transition before the deferred commencement date. Late last month, the Treasury Laws Amendment (Tax Integrity and Other Measures No. 2) Act 2018 (the act) received Royal Assent, giving...

  7. New super tax proposal reinforces case for auditors to increase technology use: fintech

    advisory in the future, especially given the proposed new super tax. “Investor behaviour has evolved significantly over the last few years and a key attraction of having an SMSF is choice. SMSF trustees can embrace everything from Nasdaq stocks to...

  8. New SMSF advice model gaining government momentum, says CA ANZ

    said. Ms Speed said CA ANZ, along with other accounting bodies, took this model to Senator Hume when she was elected in May last year. While Ms Hume has made it clear that the government will not be bringing back the accountants’ exemption, she asked...

  9. New SMS scam ‘spoofs’ ATO number

    of what is happening with the current scams, which ultimately helps protect the Australian community,” said Ms Foat. Late last year, the ATO issued a high alert after more than $800,000 was reportedly lost during November due to a spike in scam phone...

  10. New service line, competitor hire for mid-tier

    They want their advisers to develop strategic and practical ways to improve business performance. Security enforcement is a last resort,” he said.

  11. 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...

  12. New review, remediation guide issued to licensees

    Consultation Paper 247 Client review and remediation programs and update to record-keeping requirements, issued in December last year. “ASIC wants to ensure that advice licensees proactively address any systemic problems caused by their conduct and,...

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

  13. New research reveals top features of accounting firms

    to clients. Staff productivity is also an issue that’s growing in concern, moving to the seventh position from twelfth last year. Accounting practices are pursuing various measures to address the difficulty and cost of recruiting experienced staff,...

  14. New requirements now in full swing for bookkeeping software

    of new multifactor authentication requirements, in light of the changing security framework for their software providers. Last month, the ATO released its Operational Framework for Digital Service Providers (DSPs) as part of its response to the business...

  15. New reporting regime tipped to expose old accounting habits

    with accountants on a daily basis, revealing certain habits that may be detrimental when the new reporting regime kicks in. Last week, the ATO announced that from 1 July 2018, SMSFs that have members with total superannuation account balances of $1...

  16. New rego and exit fees in the pipeline for auditors

    The new fees are a drop from the previously proposed $3,429 amount during the government’s first consultation period late last year. Approved SMSF auditors applying to exit the sector will be hit with a deregistration fee of $899. The Institute of...

  17. New quarterly STP reporting method for closely held payees revealed

    through pre-fill for that person's tax return” Legislation to introduce STP across businesses of all sizes was passed last month, with the ATO granting a three-month buffer to 30 September 2019 for small businesses to transition to the new regime. The...

  18. New pre-fill data ‘invaluable’ amid expenses crackdown

    for the pre-filling service 2018, a work-related expenses message indicating which clients made higher-than-expected claims last year will now be available on the PLS. Further, there will be a dividend and interest income message indicating which of...

  19. New platform capitalises on accountants’ AFSL woes

    OpenInvest platform, which facilitates retail investor access to a market of fund managers, launched at an event in Sydney last night. One of its co-founders, former Praemium director Andrew Varlamos, said the concept was partly motivated by an advice...

  20. New payments platform set to shake-up invoicing, payroll

    “The direct entry system is a great system, it works well, it is cheap, it is functional and it has done its job for the last 40 years but it is not the system that Australia needs to move through another 40 years of innovation in the payments industry...

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