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ASIC prosecutes 81 for failing to assist liquidators
The regulator is “closely monitoring directors who do not comply with their obligations”.
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David Jones, Politix forced to back pay workers over $4 million
More than 7,000 employees have been short-changed and both companies have signed undertakings with the FWO.
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ATO seizes and destroys over $31 million in illicit tobacco
Raids with the police found unlawful crops on 42 acres of regional Victoria.
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Accounting job ads rebound in January to rise almost 8%
Tax professionals among the most in demand, bucking a four-month decline.
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Repeal ‘perverse’ rules that put super at risk, Canberra told
Finance bodies warn taxpayers they may trigger huge penalties under non-arm’s length provisions and urge the government to change course.
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Former accountant gets six years’ jail for $2.8m tax fraud
The court also orders repayment of $2.6 million for false income returns and BAS over three years.
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Jones appoints specialist digital exec to lead MBR review
A previous Service NSW head has been tasked with assessing the business registers project.
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Key small business indicators slip into critical zone
Sales, jobs, wages and waiting time for payments all went into reverse during January, the latest Xero data shows.
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Nine in 10 bosses help staff battle cost of living
Financial and non-financial support is being offered to struggling employees, says recruitment firm Robert Half.
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Annual wage growth highest in a decade over December quarter
Private sector wage growth outpaced the public sector again, the ABS says.
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NALE proposals set to drive up SMSF audit costs
Additional levels of investigation and verification will be required, says BDO specialist.
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Rate rises to slam the brakes on housing starts: HIA
Construction is on track to hit its lowest level in a decade, says industry body.
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Deloitte acquires venture growth consultancy firm Glass
The addition is part of the firm’s development strategy in the data-driven innovation advisory sector.
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Accountants must educate clients on PAYG instalments: ATO
Whether voluntary or mandatory, the Tax Office has warned agents to ensure their client understands their obligations.
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Cloudstaff acquires optiBPO to drive global growth strategy
The remote staffing platform and offshore consulting outfit join forces after three boom years.
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Findex recruits experienced C-suite professional as CFO
The financial services veteran has over 30 years of experience in the finance industry.
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Draft objective to ‘protect super from interference’
Superannuation bodies have welcomed the government’s draft objective, saying it will provide equity in the system and help protect preservation.
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Compensate victims of serious crime ‘with offender’s super’
Accounting bodies urge the government to widen its scheme beyond child sexual abuse survivors.
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‘When the audits start, all hell will break loose’
Professionals are being singled out to pay more tax under the ATO’s “discriminatory” profit allocation guidance, says Tim Munro.
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TPB bans tax agent for five years over fraudulent grants
The agent falsified statements to support the inappropriate applications for grants.
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