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Xero appoints tech high-flyer as next CEO
Sukhinder Singh Cassidy takes over from retiring Steve Vamos in February.
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Scrap SMSF auditor registration fee: accounting bodies
Draft legislation proposing to raise the charge 14 per cent risks discouraging applications, they say.
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MYOB and Figured launch agribusiness integration
The two combine to deliver a comprehensive accounting and production tracking system for the farming sector.
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Higher tax or audit: the professional firm profits dilemma
Warn clients now about what PCG 2021/4 means for allocations, accountants told.
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One in four big businesses takes 120 days to pay up
“Appalling” figures show SMEs are kept waiting four months or more.
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Super balance cap would destabilise the system: TSA
Confidence is crucial for people when retirement planning, says the professional body, and would be unfair to those who have stuck to the rules.
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Budget increase plus CPI will push up lodgement penalties 35%
Fines for individuals could exceed $1,500 and for big business more than $750,000, says the Tax Institute.
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BzTrack launches B2C invoicing software for SMEs
One Adelaide company has developed a single sign-on platform aimed at helping small businesses tackle billing challenges.
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Construction industry next under ESG microscope
The construction sector was found to be responsible for approximately 40 per cent of global energy-related carbon emissions, according to the World Green Building Council...
Insolvencies enter ‘unchartered waters’ during holiday break
Small businesses are feeling the pinch with construction and retail in critical territory, Insolvency Australia says.
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Internal mobility ‘magic ingredient’ for staff retention: LinkedIn
Financial service employees offered a promotion or opportunity are much more likely to stay at the firm, survey finds.
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ASIC disqualifies four directors over 11 failed companies owing $20m
Bans range from two to four years for improper behaviour including phoenix activity.
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Offspring living with parents miss out on 67c WFH rate
Paying “board” is a private arrangement says the ATO and cannot be used to claim the revised 67c fixed work-from-home rate.
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COSBOA joins demand for changes to IR bill
Business groups large and small have united to push back on the provisions despite a raft of government amendments.
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AASB and AUASB appoint additional members
Both boards expand to cope with the extra responsibilities of ESG reporting.
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Construction management software integrates with QuickBooks
The incorporation of cloud accounting packages will enable the business to further its growth, says NextMinute CEO.
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WFH 67c fixed rate ‘opaque and too demanding’
Tax professionals slam the ATO’s revisions for their increased record-keeping requirements and say the rate leaves taxpayers out of pocket.
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Work/life balance, skills shortages main practice challenges
Accountants need to embrace technology and empower existing staff to overcome current obstacles, survey finds.
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Hackers post sensitive Medibank data
UPDATED: Information on drug addiction and HIV results expose around 100 customers on the dark web.
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ASIC’s top 10 ways to sniff out fraud before it’s too late
Cryptocurrency scams cost a record $701 million last year and is rising fast, says the regulator.
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