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‘Marked increase’ in directors seeking help with DPNs
Worrells says enquiries are up about 30 per cent and many directors are unaware of their personal liability.
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DFK International appoints Aussie CEO to executive board
The experienced professional will advocate for support of the organisation’s Asia-Pacific firms at an international level.
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Business clients need tutoring in tax obligations, ATO says
Accountants are being told to check that clients have correctly registered as some fail to grasp their tax obligations.
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Triple-pronged approach to Div 7A puts ‘crazy’ demand on accountants
The anti-avoidance law leaves tax professionals in the awkward position of explaining multiple interpretations to clients, says EY director.
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ABS app ‘to simplify task of responding’ to business surveys
Returning useful data to businesses should eventually help broaden the sample set, the bureau hopes.
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Take a lesson, teens, from one who knows: accounting’s cool!
CPA Australia will dispatch “ambassadors” to high schools in the hope of recruiting the next generation of tax professionals.
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KPMG buys Fiji-based digital transformation business
The addition will supply improved and broader delivery of Microsoft business applications to clients across Australia and the South Pacific, it says.
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FWO acts over alleged $125k underpayment of migrant cleaners
Five workers on visas were subjected to sham contract arrangements and short-changed up to $50,000, the office claims.
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Small business needs a short-cut to survival or exit
A simplified regime for SMEs should be “low-hanging fruit” for the insolvency review, says John Winter of ARITA.
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Dext appoints experienced C-suite innovator to executive team
He joins as chief product and technology officer at the firm after spending almost seven years at Epicor Software.
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Fake tax agent repeat offender fined $150k, permanently banned
Federal court imposes “hardship” penalty for more than 600 contraventions over three years.
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ACT ‘must find cash for small business’ in upcoming budget
Funds for accessing support, digitising processes and supporting those impacted by the renewables transition are needed, it says.
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Staff want better WFH set-ups and expect bosses to pay, survey finds
Laptops, monitors and chairs top the list of demands as average home workers spend hundreds on equipment.
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Xero to cut hundreds of jobs, close Waddle app
UPDATED: Global restructuring is essential to cut costs says freshly installed CEO.
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Submissions open for 10th Australian Accounting Awards
Nominations and submissions have opened for the Australian Accounting Awards 2023, run in partnership with Intuit QuickBooks.
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Small business must race to beat instant asset write-off deadline
Once the scheme ends, more onerous depreciation rules return from July says RSM principal.
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ATO interest charges hit highest level in a decade
The general interest charge rate and the shortfall interest charge rate both rise again for the April to June quarter.
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Three men found guilty over watershed $105m tax fraud
The verdicts come after a six-year investigation by the AFP and ATO, plus an eight-month trial.
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MYOB appoints former Virgin Australia exec as marketing chief
The appointment is a signal of intent as the firm is now “wildly different” from its start-up beginnings.
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With $3m super tax ‘the house always wins’
The proposed calculation for taxing super balances above $3 million will throw up unusual outcomes where assets reverse in value, warns the IPA.
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