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  1. Calls for legislative change in wake of tax fraud scandal

    $165 million tax scandal, one payments facilitator has pointed to the risks of relying on third-party payroll companies. Last week a $165 million tax fraud against the Australian government was uncovered, involving a payroll company named Plutus....

  2. Calls for JobKeeper’s return mount in the face of vaccine delays

    changing vaccine advice has slowed the country’s COVID-19 vaccine rollout. ACTU secretary Sally McManus took to Twitter last week to make a case for why federal support was still necessary amid the government’s changing vaccine advice, with the...

  3. Call to adopt EU data regs as Optus reputation dives

    Australia to adopt European Union-style data privacy laws including harsher penalties in the wake of the cyber hack on Optus last week that compromised the personal details of millions of customers. Fines under the EU regime would be “significantly”...

  4. Call for crackdown increases amid client loss

    Speaking to Accountants Daily, Anderson Tax and Consulting director Debra Anderson said she has lost eight clients over the last two months because she was unwilling to put through a claim that was unwarranted. She believes clients are instead turning...

  5. Cairns woman gets 3 years’ jail for $283k GST fraud

    11 charges of obtaining a financial advantage by deception from the Commonwealth and was sentenced in Cairns District Court last week. Between January and March 2022, Ms Martin admitted lodging fraudulent BAS to claim GST refunds from the ATO totalling...

  6. Caddick’s SMSF auditors face potential class action

    process and may possibly take the form of a class action,” Jones Partners principal Bruce Gleeson said in a media statement last week. The case is set to return to the Federal Court this month, with the firm seeking to be appointed final liquidators so...

  7. 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

  8. CAANZ latest to criticise ATO's Single Touch Payroll

    will hurt business’ cash flow. CAANZ's criticisim follows similar comments made by the Institute of Public Accountants last week. In a submission on the ATO’s Single Touch Payroll Discussion Paper, CAANZ said it supports the policy objectives of the...

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

  9. CA, CPA targeted in IPA's challenge to government

    about advancing individual brands, and not about advancing the brand of accounting,” he said. The joint accounting bodies last met in 2012. Since then, there have been significant leadership changes and structural reform at CA ANZ and CPA Australia....

  10. CA timetabling issues see more delays for students in 2018

    ensuring timely progression through the CA Program,” the spokesperson said. This echoes the issues experienced by students last year, where 900 were impacted by a timetabling re-structure from semesters to trimesters. To accommodate those students, CA...

  11. CA puts permanent timetable changes to board

    and now in 2018 are triggered by an overhaul of the CA Program’s timetable, which switched from semesters to trimesters. Last year’s fix of a supplementary term was a “backstop” measure, Mr Carpenter said, which required manual processing of affected...

  12. CA pushes govt to fix compliance burden for accountants

    of business registers, citing anti-fraud benefits and the potential to reduce paperwork and process for accountants. Last week, Chartered Accountants Australia and New Zealand’s (CA ANZ) tax leader, Michael Croker, made a submission in response to...

  13. CA Program headed for reform

    for the CA Program have been steadily increasingly. In 2015, CA Program enrolments stood at 20, 741. As at November last year, they totalled 23,056. CA ANZ could not provide comment by deadline. [email protected]

  14. CA networks announce partnership

    will be no staff changes as a result of the merger. Sothertons became affiliated members of the UHY Haines Norton network last year. UHY Haines Norton chair, Michael Coughtrey, believes it’s a tough market for mid-tier accounting networks looking to...

  15. CA members, staff told to brace for restructure in blanket emails

    department, advocacy teams and member services teams were singled out as high on the reform agenda. As reported late last month, CA ANZ is in the process of a major organisational overhaul, significantly motivated by consecutive years of losses up to...

  16. CA loses membership for misappropriating $289k from social housing trust

    using the company credit for personal expenses, including flights and Uber Eats. In an August decision published by CA ANZ last week, the New Zealand Institute of Chartered Accountants (NZICA) revoked the membership of accountant Ilaissane Atiola after...

  17. CA appointed to CBA board

    and masters in applied finance. Mr O’Malley stood down as managing director and CEO of BlueScope Steel in the second half of last year, after 10 years at the helm. He was chief financial officer prior to that. Mr O'Malley was also the chair and CEO of...

  18. CA ANZ’s professional indemnity scheme under PJC microscope

    “affiliate” members. During the Parliamentary Joint Committee (PJC) on Corporations and Financial Services hearing last Friday (20 March), senator Barbara Pocock pressed CA ANZ about its disciplinary approach towards large firms. She grilled the...

  19. CA ANZ, CPA reveal advice advocacy plans

    to the return of the accountants’ exemption in its joint submission to Treasury’s review of the TPB with CPA Australia last month. In a recent Accountants Daily Insider podcast, CPA head of public practice Keddie Waller shed further light on the...

  20. CA ANZ, CPA push for review into ATO’s deceased estate bungle

    Agents. Tax agents no longer have access to deceased taxpayers’ information since the old tax and BAS agent portals closed last month. The submission notes that the issue was first identified in February 2018 during the beta testing of Online Services...

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