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Tech, skills boosts contain sting in tail for shareholders
The 20 per cent bonus deductions reduce the tax liability for a small business but can mean dividends arrive less than fully franked, tax specialist says.
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Listen and be curious: how to help clients from different cultures
Asking questions and listening are paramount to servicing clients from diverse cultural backgrounds, according to an executive.
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ATO raises $40m from crackdown on sales suppression tools
Retail and hospitality businesses using the technology should give themselves up or face the consequences, it says.
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‘Expand FBT break to EV chargers, solar panels, batteries’
Removing upfront costs of switching from petrol to electric could increase EV take-up, says management consultant.
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Financial controls ‘best defence for unfair fight with cyber crimes’
As digital outlaws become more sophisticated, controls that detect and prevent unauthorised activity can put businesses on the offensive, says Eftsure.
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Revenue to slump 12% in gloomy outlook for retailers
Data from Airwallex and the ABS show shoppers slashing spending ahead of the holiday period.
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ATO works hard to fix ‘flaw’ in client linking system
Inadvertent disconnection of a BAS agent will become a source of frustration and inconvenience under the revised procedure, bookkeepers say.
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Privacy Act to take in small businesses
Operations with an annual turnover of $3 million or less will no longer be exempt after the government accepts review proposals.
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KPMG caught using secret ‘power maps’ to secure Canberra contracts
Senators blasted KPMG's CEO for lying and breaching public trust after he denied his firm targeted officials based on their influence and relationship.
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Auditor suspended for 3 years for professional failings
ASIC says he failed to obtain sufficient evidence of money held by a broking services firm in which the director was subsequently charged with misusing $35 million in cli...
Switkowski exposes flaws in PwC’s results-focused culture
Excessive CEO power, a flawed governance model and an attitude that “revenue is king” undermined trust built up over decades, the review says.
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Pension work bonus increase an ‘encouraging step’
National Seniors Australia welcomes a government decision to permanently increase the work bonus for pensioners but says more must be done.
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Inflation rebounds on high petrol, energy prices
UPDATED: An increase in August reflects rapid rises in volatile items, the ABS says.
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Qld uni adds company turnaround course for finance students
Module created in partnership with specialist firm Vantage Performance will focus on restructuring and refinancing.
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Carbon acquires Melbourne firm in fifth takeover this year
With the rebranding of MG Partners and Davenports, the group now has 20 offices and 300 staff.
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Accountants sweat on ‘non-stop’ wave of ATO super audits
The Tax Office’s intensified, data-led approach means that accountants have become inundated with superannuation reviews and audits.
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TPB, ATO quizzed on whether PwC ‘too big to fail’
Audit concentration among the Big 4 makes the sector unmanageable, Greens senator claims.
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Ignition unveils raft of enhancements to platform
Software firm Ignition has announced a broad range of platform upgrades to enable firms to manage revenue and payments more efficiently.
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FWO targets tenfold penalties for ‘serious’ UNSW payslip breaches
The ombudsman has started legal action against the university for record keeping allegedly “so inadequate” it was unable to detect underpayments.
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‘Shadow director’ banned for $17m crash of tax advisory companies
Philip Whiteman was involved with five Melbourne accounting and legal operations that collapsed in 2017.
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