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  1. Accountants fear impact of ATO outages this tax time

    have told Accountants Daily they find this disruptive, given they often work outside of regular business hours. For example, last month, in the build-up to tax time 2018, the ATO announced that it would update its systems over a two-day period, during...

  2. Accountants farewell 'biggest headache' of 2017

    Transitional CGT relief as part of the superannuation reforms that kicked in last year were amongst the pick for the “biggest tax and accounting headache” in 2017 by one industry lawyer. The reforms, which kicked in on 1 July 2017, included the $1.6...

  3. Accountants face pressure on advice tech adoption  

    Involving dedicated support staff and business leaders in these decisions can also be very effective,” Mr Holland said. “The last part is to keep a bigger picture focus. Too often we get consumed by the day-to-day short-term pain of implementing changes...

  4. Accountants face ‘huge issues’ with buyers in 2017

    then pay dollar for dollar... so a million- dollar fee base they’d pay a million dollars for,” Mr Bishop said. “Over the last probably ten, 15 years, the valuation of fee base has gone down significantly, but also increasingly the younger generation,...

  5. Accountants eye potential SMSF pool

    a new report shows. Despite a substantial fall from the number of SMSFs established from a high of 40,000 in 2012 to 20,000 last year, Investment Trends’ 2020 SMSF Accountant report shows that accountants estimate that a further one in eight of their...

  6. Accountants encouraged to rally against Labor’s ‘significant policy change’

    of Public Accountants believes debate should be “run up the flagpole” well ahead of the next election. In early May last year, opposition leader Bill Shorten said a Labor government would cap the amount claimed by individuals for management of their tax...

  7. Accountants Direct signs up Annature

    in shares or property. The partnership with Accountants Direct comes after Annature achieved 500 per cent growth in the last financial year. Launched in 2020 Annature has seen exponential growth since then. Its technology is compliant with in-country...

  8. Accountants Daily’s top 10 podcast episodes of 2025

    of technical expertise and personal experience. After losing his own business more than 20 years ago, Hank spent the last two decades helping business owners across Australia avoid the same fate. In this episode, Hank shared what business owners and...

  9. Accountants Daily voted media of the year for accounting professionals

    Commenting on the win, Liam Garman, managing editor of professional services at Momentum Media, said: "Over the last year, the team at Accountants Daily has led the way providing invaluable market intelligence and breaking news to the accounting sector,...

    • Type: Article
    • Author: Reporter
    • Category: Business

  10. Accountants could advise on home loans under proposed changes

    gains traction. The Productivity Commission released its damning Competition in the Australian Financial System report last week, which broadly assessed the marketplace of financial products in Australia as a “blizzard of barely differentiated...

  11. Accountants choose tech ‘by credibility and community’

    with one in two (49 per cent) professionals and their firms noting they had not adopted any new accounting tech in the last five years, with only 14 per cent of those surveyed having adopted a new platform in the past year. How accountants choose their...

  12. Accountants chase pay rises above 6%

    this week, found 91 per cent of accountancy employers will increase salaries in their next review, up from 74 per cent last year, with skills shortages creating a “once-in-a-career market”. “Intense competition for skilled professionals will translate...

  13. Accountants champing at the bit to unlock NSW support payments

    Scott Morrison said it was modelled on the cash flow boost that was introduced at the start of the COVID-19 pandemic last year, which saw $35.5 billion paid out to over 800,000 businesses. However, unlike the cash flow boost, the new measure will be...

  14. Accountants cautious over office return as states reopen

    imposing a full-time office return on staff. Law firm Gilbert & Tobin’s chief operating officer, Sam Nickless, told the AFR last week that staff would be able to return to the office once 80 per cent of the over-16 population in NSW is fully vaccinated,...

  15. Accountants cautioned on ‘unexpected tax consequences’ with Division 7A loans

    on the rules for minimum yearly repayments on complying loans as part of its increased educational focus in this area. Last month, the ATO outlined some of the common mistakes it sees with Division 7A. This included issues such as incorrect accounting...

  16. Accountants called on as Board of Taxation reviews tax concessions

    a review of the suite of small business tax concessions, with a view to recommend reform and possibly new tax breaks. Late last month, the Board of Taxation announced it would be launching a review led by board members, BDO partner Dr Mark Pizzacalla...

  17. Accountants call for role on Labor’s charity steering panel

    the profession said, to “future-proof” the sector and empower it to respond rapidly to crises. The Labor plan, announced last week, calls for the establishment of an expert panel “to chart out a more productive future for charities” under an Albanese...

  18. Accountants call for overhaul of ‘outdated industry perception’

    to build and nurture on the side of his everyday activities and accounting business. The main goal for Kaleb over the last 12 months had been to spread awareness for the movement and connect with likeminded accountants who were also willing to join him...

  19. Accountants business funding guide gets COVID update

    Kate Carnell said trading conditions have changed dramatically since the release of the first Business Funding Guide last year. “The guide was originally intended to help small businesses secure funding for growth, however, given the heavy toll the...

  20. Accountants brace for more after a ‘really tough year’

    and the uncertainty is still there,” said Ms Anderson, director of Anderson Tax & Consulting. “The desperation has now lasted longer.” ‘Stretched ethically and morally’ Ms Anderson believes a combination of uncertainty caused by snap lockdowns, border...

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