Business

ATO turns to accountants as 9 out of 10 small businesses experience cash flow...

With nine out of 10 small businesses experiencing cash flow issues over the past year, the Tax Office is calling on...

25 November 2019

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Business

PwC estimates $1.35bn in wage underpayments annually

Australian workers could be collectively underpaid to the tune of $1.35 billion each year, as a new PwC report calls...

21 November 2019

Business

Carbon launches Melbourne accounting offering

A WA-based accounting and bookkeeping network has announced its second merger of the week, as it looks to expand its...

20 November 2019 • By Jotham Lian

Regulation

AAT reduces agent’s registration disbarment period

A former Sydney tax agent, who failed to comply with his personal tax and business obligations, has succeeded in...

19 November 2019

Super

Preparing for the new wave of ATO SMSF reporting

Promoted by SuperConcepts With the push for integrity and accuracy in the wider superannuation system, SMSFs are next...

18 November 2019 • By Philip La Greca - Executive Manager, SMSF Technical Services, SuperConcepts

Business

Unregistered preparer obtained $110k using myGov access

An unregistered tax preparer who fraudulently obtained close to $110,000 in refunds by using taxpayers’ personal myGov...

15 November 2019

Tax

$21m tax scheme forces ATO to make system changes

The Tax Office says it has now implemented changes to its system to prevent large-scale tax fraud, such as the Western...

15 November 2019

Regulation

Franchise feedback sought as reform looms

Accountants and their small business clients have been urged to give feedback on the franchising sector as the...

13 November 2019

Business

Accountancy evolution: How to futureproof your practice

Promoted by APS Software. Smart accountancy firms are recognising all the positives of a fast-evolving industry. Far...

12 November 2019 • By APS Software

Super

Industry split on best way forward for SMSF advice

A large proportion of SMSF professionals would still like to see the accountants’ exemption returned, but the industry...

11 November 2019 • By Sarah Kendell

Business

Are small businesses using the ATO as a bank?

Recent figures show that over 800,000 small businesses are currently on payment plans with the ATO to help them to pay...

08 November 2019 • By Tasha Levy

Business

Federal Court disqualifies liquidator in ATO landmark case

The Federal Court has disqualified a Sydney-registered liquidator from practising for a decade after finding that he...

08 November 2019

Tax

Accountants warned on rising bankruptcies linked to Division 7A

A spike in bankruptcies as a direct result of director loans has led to concerns that clients may not fully understand...

08 November 2019 • By Jotham Lian

Appointments

Mid-tier appoints new cyber security head

RSM has announced a leadership reshuffle in its risk consulting team as the firm looks to build on increased demand...

08 November 2019

Business

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

The government has committed to paying businesses within five business days or pay interest on any late payments as it...

07 November 2019 • By Jerome Delos Santos

Appointments

Findex appoints leading HR executive

A former major bank executive has been appointed as the new chief people officer at Findex.

07 November 2019

Regulation

Inquiry mute on dedicated compensation for ATO outages

Accountants hoping for easier access to compensation for major ATO system outages have had their hopes all but dashed,...

05 November 2019

Business

Regular accountant contact vital for millennial business owners

More than one in two millennial business owners are on the lookout for a new accountant or bookkeeper, with infrequent...

04 November 2019