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  1. Bookkeeping firm set for nationwide expansion

    of the Year, partner Jamie Davison said that he expects the bookkeeping industry to continue evolving as it has been for the last few years. Mr Davison believes the bookkeeping industry will become “more advice driven and proactive in interpreting the...

  2. Bookkeepers, accountants to remain ‘essential’ despite AI

    go, ‘Please don’t get me on that list!’” said Mr Addison. “There’s a project now – that has been tabled and funded in the last budget – of integrating the quarterly business survey with our natural accounting system, with our software. “So from within...

  3. Bookkeepers reminded on TPAR obligations

    economy in the building and construction industry in 2015–16, justifying its extension to the courier and cleaning space last year and the further extension to the three new industries this year. The ATO will use data provided in the TPAR to identify...

  4. Bookkeepers push back on growing accounting competition

    can package up bookkeeping services into their fixed fees,” Ms Hoosen said. “I’ve spoken to a lot of bookkeepers over the last 12 months who aren’t getting referrals from accountants anymore because the accountants are now suddenly seeing this as a real...

  5. Bookkeepers on alert as scams rise by 23%

    Bookkeepers have been urged to caution their small business clients after close to $5 million was swindled in scams last year. According to the Australian Competition and Consumer Commission’s (ACCC) latest report, there was a 23 per cent spike in...

  6. Bookkeepers named in network’s national acquisition campaign

    Block confirmed to The Bookkeeper it has set its broad fee acquisition target at $2 million for this financial year. In the last three years, H&R Block has acquired 10 independent practices, totalling about $3 million in fees. Firms with bookkeeping...

  7. Bookkeepers cautioned over SG amnesty

    superannuation guarantee amnesty is not yet legislated, affecting the tax-deductibility of payments and potential penalties. Last month, Minister for Revenue and Financial Services Kelly O’Dwyer announced the introduction of the amnesty to give...

  8. Bookkeepers and accountants are 'not in competition', says ICB

    agents will start to eat into the market share of bookkeepers by taking over data processing tasks as technology improves. Last week, Anderson Tax & Consulting executive director Debra Anderson predicted that the bookkeeping industry would see “many...

  9. Bookkeeper charged over $1.5m fraud

    A bookkeeper who allegedly defrauded her clients of more than $1.5 million over the last decade has now been charged with 749 counts of dishonestly obtaining financial advantage by deception. NSW Police arrested 53-year-old Shane Maree Hatton at a home...

  10. Board of Taxation sees 2 new members

    of Taxation. Andrea Laing and Anthony Klein have been appointed part‑time members of the Board of Taxation. Their terms will last for a three‑year period. Ms Laing brings a wealth of experience to the board, having gained considerable in-house...

  11. Board of Taxation opens consultation for red tape review

    The Board of Taxation has launched a ‘red tape reduction review’ and is seeking stakeholder feedback until mid-December. Last Friday (24 October), the Board of Taxation announced it would be opening consultation for its red tape reduction review, first...

  12. Board of Tax probes ATO, AusIndustry administration of R&D tax incentive

    The final report will be due by 30 November. The review comes after reforms to the R&D tax incentive passed Parliament last year, following the government’s commitment to invest $2 billion in the incentive. Refreshed guidance around the tax incentive,...

  13. Board composition, remuneration to be voted on at CPA AGM

    governance principles. The resolution also seeks to increase the president’s maximum term from two years to three years. The last special resolution that is recommended by the board includes a change to director remuneration so that the total...

  14. BlueRock adds Arthur Advisory to accounting team

    acquisition to its accounting division in Brunswick-based Arthur Advisory, hot on the heels of its takeover of the dnm group last month. Arthur Advisory director Ricky Jessop, pictured right, returns to BlueRock after running his own advisory business...

  15. Blindsided accounting bodies lash ‘unworkable’ code changes

    concepts detracts from the breadth, generality and certainty of the existing code,” general manager Tony Greco said last week. Grant called for the 1 August start date to be deferred by “at least six months” to allow time for TPB guidance to be...

  16. Blame game erupts over ATO’s client-agent linking

    group, a panel composed of tax practitioners and professional bodies, such as the ICB, that has convened regularly over the last two years to discuss CAL’s design and implementation. He said the ICB’s consistent protests against the design fell on deaf...

  17. Black Friday? Cafes, restaurants charge towards black hole

    released yesterday showed 524 insolvencies in food and hospitality for the financial year to date, a 47 per cent increase on last year and rising much quicker than collapses in construction. It also recorded 277 retail insolvencies since July, a 57 per...

  18. Black Friday drives November retail sales to record $36.5bn

    of 4.9 per cent, down from 5.6 per cent the month prior, prompting the RBA to hold rates steady at 4.35 per cent during its last meeting. Ms Thompson said the growth in retail trade should be taken in context with data from previous months and seasonal...

  19. Bitcoin offers liquid solution against possible tax liabilities

    and an alternative allocation to hedge against inflation. “A lot of the geopolitical risks that we that we've seen in the last 12-24 months, whether that be trade wars, or uncertainty around the global economic environment, constant money printing, and...

  20. Billson calls time on political career

    "hang up the campaign R.M. Williams" and not contest the Victorian seat of Dunkley for an eighth successive term. “For the last 12 years of my 20 years as a Parliamentarian, I have been a Coalition front-bencher and for the last six years, a...

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