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  1. Carbon enters Queensland market with latest deal

    my business and my clients.” As part of the deal, Carbon Bookkeeping partner Gail Rogerson will relocate to Brisbane to help lead the team alongside Mrs van der Linde. “The opportunity to move interstate was presented to me, and I couldn’t be more...

  2. Government takes lead on e-invoicing with 5-day payment terms

    has committed to paying businesses within five business days or pay interest on any late payments as it looks to take the lead on e-invoicing. Minister for Finance Mathias Cormann has announced that from 1 January 2020, the Australian government would...

  3. ‘Geared towards myTax’: Spike in self-lodgers linked to meagre refunds

    The introduction of the government’s $1,080 low and middle-income tax offset has done little to lift tax refunds, with the spike in self-lodging taxpayers linked to the meagre increase. Despite the government’s doubled end-of-year tax offset of $1,080...

  4. Accountants hesitant on technology advice: MYOB report

    for every business model to be redesigned,” he said. “We see this as a huge opportunity for accountants and bookkeepers to lead this step change for their clients, and themselves.”

  5. Former MYOB boss appointed as Business Council president

    down after 12 years at the helm of MYOB, has served on the Business Council’s board since 2017. “Tim is the right person to lead the business community into the future,” Mr King said. “He is well placed to take on the role of president with a firsthand...

  6. How STP will and probably already is affecting your accounting firm and your business clients

    part of the employer obligation landscape. That enables much greater ATO compliance cross-checking and inevitably this will lead to more audit activity for those employers that do not fully comply. Whenever an employer pays the SG of its employees...

    • Type: Article
    • Author: Accountancy Insurance
    • Category: Business

  7. Why culture should be informing your tech purchasing decisions

    — cultural assessment followed by gap analysis followed by investment, and then rinse and repeat. The best investments will lead naturally to the next cultural assessment. Now that we’ve solved problem A, what’s problem B, and how can our partners help...

    • Type: Article
    • Author: Kerry Agiasotis, Sage
    • Category: Technology

  8. Legal actions ramp up pressure on SMSF auditors

    cases finding fault with SMSF auditors for mis-describing fund assets have ramped up auditor obligations and are likely to lead to a further increase in audit costs, according to Cooper Grace Ward. Speaking at SMSF Adviser’s SMSF Summit 2019 in Adelaide...

    • Type: Article
    • Author: Sarah Kendell
    • Category: Super

  9. Insolvency practices set to undergo ombudsman inquiry

    Inquiry had “identified a lack of transparency for the small business owner” where creditors began debt recovery action, leading the business owner to feel cut out of the process. “This inquiry will identify areas where practices can be improved and...

  10. Mid-tier creates new chief executive partner position post-merger

    has been appointed to the newly created executive position of chief executive partner, tasked with the responsibility of leading the newly merged firm. Mr Schiffmann, who has held the position of office managing partner in Brisbane for the past 20...

  11. Government kicks off retirement income review

    for its review of the retirement income system, with the chair of the SMSF Association one of three panellists picked to lead the inquiry. Treasurer Josh Frydenberg announced on Friday that the review would “establish a fact base” for the current...

    • Type: Article
    • Author: Sarah Kendell
    • Category: Business

  12. Employee entitlements, ‘wage theft’ and Fair Work: Why it’s time to be proactive

    vice versa. These bodies will conduct their own investigations into how a company is paying workers from abroad. This may lead to restrictions or bans on employing people from overseas as well as separate fines and additional adverse press coverage for...

    • Type: Article
    • Author: Ben Renshaw, BDO
    • Category: Business

  13. ATO readies for ramped-up myGovID push

    more under way; we are looking at a public release sometime in October,” said Claire Miller, ATO’s digital program delivery lead. MyGovID is currently available for download from Apple’s App Store for iPhone 6 and above, with the Android version set to...

  14. ATO confirms LRBA focus in diversification probe

    letters to ensure they have documented how they considered investing in an investments where sharp price fluctuations could lead to significant losses.”

  15. Staying safe from cyber-attacks in a digitally connected world

    the target of cyber crime, with the annual cost to the Australian economy being a whopping $1 Billion. A breach can not only lead to financial loss, but also loss of trust from clients and even legal action. Explore some of the biggest entry points for...

  16. Digitisation has turned the finance function on its head

    the spotlight. Though they may not entirely realise it, CFOs have a new mandate: to move beyond their traditional roles and lead companies into the new frontier. A frontier made up of seemingly endless possibilities, which are now made visible through...

    • Type: Article
    • Author: Kerry Agiasotis, Sage
    • Category: Business

  17. Mid-tier partner appointed as new global fintech lead

    An Australian mid-tier partner has been unveiled as the new global fintech leader for the firm. BDO has announced the appointment of Australian partner Tim Aman as the new global fintech leader for the firm. Mr Aman, a Sydney-based audit partner, and...

  18. 3 out of 5 small businesses yet to take up STP as 30 September deadline looms

    the ATO and, importantly, to understand their reasons for the delay.” A concerted effort Mr Lucchese, who took over the STP lead role from former assistant commissioner John Shepherd in June, said the ATO has been ramping up its STP marketing push,...

  19. ATO penalty disclosures criticised with comparisons drawn to the robo-debt scandal

    The way the ATO is currently dealing with SMSF compliance breaches is extremely distressing to trustees and could lead to mental health issues similar to the Centrelink robo-debt scandal, according to a leading SMSF auditor. Tactical Super director...

  20. Data analytics a value booster for business clients

    efficiency for small and medium business clients, according to a range of data experts. Speaking at Intuit’s recent Industry Leaders Dinner in Sydney, PwC head of innovation and ventures Trent Lund said that by making use of data, accountants could help...

    • Type: Article
    • Author: Sarah Kendell
    • Category: Business
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