New bill introduced on contentious company tax issue
The federal government has introduced a bill clarifying the tax rate for passive investment companies, after a period of consultation with the industry revealed a series ...
TAX • Wed, 18 Oct 2017
Tech survey reveals accountants’ gripes, ‘dramatic’ shifts
A survey of the systems and technology Australian accounting firms use has revealed where the biggest movements have been in the use of software, storage of data, and ...
TECHNOLOGY • Tue, 17 Oct 2017
Tech bosses knock back ‘complete fallacy’
Software heavyweights have pushed back at the “complete fallacy” that firms are willing and able to use only one provider, but accountants on the ground aren’t convinced ...
TECHNOLOGY • Mon, 16 Oct 2017
TPB flags priority item for tax agents with ASIC
The Tax Practitioners Board (TPB) is seeking further clarification from ASIC about a section in the Corporations Act which puts accountants and licensed financial ...
TAX • Sun, 15 Oct 2017
New client demand prompts big 4 team shifts
Large-scale clients, including state governments and multinationals, have new demands in their evaluation criteria related to the composition of teams they engage with, ...
BUSINESS • Sun, 15 Oct 2017
AMP distances business from jailed tax agent
AMP’s SMSF arm has distanced itself from a jailed tax agent who has been previously linked with one of its recent acquisitions.
BUSINESS • Thu, 12 Oct 2017
TPB acts as suspect offshoring emails surface
The Tax Practitioners board has found offshore firms are actively engaging with Australian tax and BAS agents to spruik their services, and is taking pre-emptive action ...
TAX • Thu, 12 Oct 2017
MYOB moves to shake private equity hangover
MYOB’s previous ownership structure has left legacy issues with board composition, which CEO Tim Reed is moving to rectify through a targeted and decidedly different ...
TECHNOLOGY • Wed, 11 Oct 2017
Aussie bookkeepers streets ahead of UK market
A recent trip to Europe, where Practice Ignition’s Trent McLaren learnt one-fifth of accounting professionals still used paper-based ledgers, indicated the Aussie ...
REGULATION • Wed, 11 Oct 2017
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