Tax

BDO fears current tax system 'not fit for 21st Century'
Tax

BDO fears current tax system 'not fit for 21st Century'

Two senior BDO employees have called for a major overhaul of Australia’s tax system to avoid a possible recession,...
16 December 2016 • By Lara Bullock

more from tax

ATO makes headway with simpler BAS testing
Tax

ATO makes headway with simpler BAS testing

Following intense industry lobbying, the ATO has made progress in testing simpler business activity statement (BAS)...
14 December 2016 • By Lara Bullock
Government moves to increase ATO’s data access
Tax

Government moves to increase ATO’s data access

A proposed amendment to the Australian Securities and Investments Commission Act 2001 could see the ATO receive...
13 December 2016 • By Lara Bullock
ATO fires warning shots at cash economy exploiters
Tax

ATO fires warning shots at cash economy exploiters

The ATO has warned businesses in the cash economy are a major focus area for the regulator as it ramps up its scrutiny...
12 December 2016 • By Lara Bullock
40% of accountants find decline in tax return advice
Tax

40% of accountants find decline in tax return advice

Two industry professionals have encouraged accountants to diversify their offerings after research by AccountantsDaily...
12 December 2016 • By Lara Bullock
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Tax

New ATO data renews calls for tax reform

The ATO has released its corporate tax transparency report for 2014-15, which has prompted some advocacy groups to...
12 December 2016 • By Katarina Taurian
ASIC ‘finally’ releases AFSL guidance for accountants
Tax

ASIC ‘finally’ releases AFSL guidance for accountants

Yesterday ASIC released guidance for accountants who are transitioning to the AFSL environment in order to provide...
09 December 2016 • By Lara Bullock
ASIC reveals registration data, lashes out at accountants
Tax

ASIC reveals registration data, lashes out at accountants

Yesterday ASIC published its fourth report on its professional registration services, revealing data on new and...
08 December 2016 • By Lara Bullock