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  1. 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...

  2. 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...

  3. 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...

  4. 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...

  5. 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,...

  6. 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...

  7. 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...

  8. 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...

  9. 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...

  10. 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...

  11. 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...

  12. 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...

  13. 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...

  14. Bill Shorten justifies proposed policies

    $6 billion now, how much will it have to cost the budget before we say we can’t afford it — it has gone up 12 times in the last 18 years.” [email protected]

  15. Bill containing super measures, SG amnesty lapse as time runs out

    Laws Amendment (2018 Superannuation Measures No. 1) Bill 2018 still stalled in the Senate where it has remained since June last year, the bill has now officially lapsed. Prime Minister Scott Morrison is required to dissolve Parliament at least 33 days...

  16. Big-end-of-town tax: miners, banks pay up, but for one-third it’s zip

    understand how the system is working and where the gaps are,” he said. “We invested in increasing tax compliance in last week’s budget and this data will help us target that additional funding.” Ms Saint said the increased investment in the Tax...

  17. Big tech solutions for bookkeepers: how to build your digital ecosystem

    The QuickBooks Online advantage As Meagan Wood, head of advisor strategy at Intuit QuickBooks reminded the audience, last year everyone got to see how important accountants and bookkeepers are to small businesses. “Many played the role of JobKeeper...

    • Type: Article
    • Author: Intuit Quickbooks
    • Category: Technology

  18. Big names not enough as voluntary resignations spike in accounting

    high”, he believes it may be a result of the changing attitudes towards the gig economy, a trend he predicted this time last year. “One of the key things that we see is how temporary and contract employment has become a lot more the norm,” said Mr...

  19. Big four reveals partners’ average tax rate

    than 8,000 people, making us a significant contributor to Australia’s economy and tax system,” Mr Sayers said. “Over the last three years, PwC, its partners and its employees have contributed more than $1.7 billion in total taxes. “In the 2018 financial...

  20. 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...

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