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Tax

Warning
Tax

RSM warns on wide-ranging impact of new accounting standard

A mid-tier accounting firm has highlighted the challenges and unexpected impacts of the new leasing standard on...
23 June 2017 • By Lara Bullock

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Business swoop puts accounting clients on ASIC's radar
Tax

Business swoop puts accounting clients on ASIC's radar

The Australian Securities and Investment Commission (ASIC) and the Fair Work Ombudsman (FWO) have launched a joint...
21 June 2017 • By Lara Bullock
Office utilities
Tax

MYOB boss calls on government to address SME 'burden'

While the Finkel Review aims to help alleviate the burden of utility costs for SMEs in the long term, one accounting...
21 June 2017 • By Lara Bullock
scrutinise
Tax

ATO, mid-tiers warn on common expenses myths

As the ATO continues to ramp up its focus on scrutinising work-related expense claims this year, two mid-tier firms...
21 June 2017 • By Lara Bullock
Board of Taxation head takes on new role
Tax

Board of Taxation head takes on new role

The government has appointed two new members to the Australian Reinsurance Pool Corporation, including the current CEO...
20 June 2017 • By Lara Bullock
ATO to ramp up scrutiny of $20k tax break use
Tax

ATO to ramp up scrutiny of $20K tax break use

Accountants and SMEs should be wary of entering “dodgy” end-of-year deals simply to utilise the $20,000 instant asset...
19 June 2017 • By Lara Bullock
High tax rate
Tax

Contentious tax now at ‘urgent’ reform stage, global exec warns

A global tax expert has warned that Australia must urgently address its high corporate tax rate before it becomes even...
19 June 2017 • By Lara Bullock
k instant asset write off extension locked in
Tax

$20K instant asset write-off extension locked in

Yesterday, the $20,000 instant asset write-off legislation was passed by the Senate, meaning small businesses can...
16 June 2017 • By Jotham Lian and Lara Bullock