Powered by MOMENTUM MEDIA
accountants daily logo
News
acc new lead image
Young accountants at risk of ‘burnout’, warns Springfox Providing junior accountants with greater support in the early years of their careers is critical for preventing burnout and keeping them in the industry, according to Sp...
Regulatory settings hampering integrated tax and financial advice: IFPA The role of accountants in addressing the financial advice shortage remains largely ignored in the government's response to the original TPB review, the association says....
acc image
Voluntary tax believer fined $15k for bogus trust deductions The AAT has upheld penalties for “reckless” returns lodged by a Brisbane woman who questioned the legitimacy of the ATO and Australia’s tax laws. ...
acc image
CPA flags ‘duplication risk’ with proposed registration requirements The inclusion of governance requirements in the registration criteria for companies and partnerships is likely to create further duplication and inconsistency with existi...
acc image
Less than half of Australians confident about retirement: AustralianSuper Australians can improve their retirement confidence through everyday activities and habits such as planning and goal setting, the super fund says.  ...
acc image
New jobs board launches for accounting industry Momentum Media is proud to unveil a new accounting jobs board which will promote employment opportunities across the accounting industry. ...
acc image
TPB treads fine line with new tax agent rules The board has promised to balance consumer protection with privacy and practicality when developing guidance for the contentious new obligations. ...
acc image
‘Re-energise’ SMEs with 14 steps: ASBFEO The small business advocate has identified top reform priorities to reinvigorate small businesses currently struggling in the current economic climate.  ...
acc image
Super bodies call for ‘swift’ law amendment Superannuation bodies have urged the Australian government to reform superannuation laws to stop family violence perpetrators from being able to claim their victims’ su...
acc image
TPB’s guidance on code obligations lacking clarification, Tax Institute warns Draft guidance issued by the Tax Practitioners Board on the new code obligations adopts vague and highly subjective terms which may “add to the confusion”, the instit...
acc image
SME growth in SA stunted by government: e61 Institute Government reforms to remove payroll tax for small businesses in South Australia back in 2019 have backfired and instead restricted growth, according to the e61 Institute...
acc image
ATO issues reminder on record-keeping requirements for taxpayers The Tax Office has reminded taxpayers to consider what work-related expenses they could claim with appropriate supporting records this financial year. ...
acc image
Cafe owner receives 6-year sentence for $1m GST fraud A South Australian man was arrested and sentenced to six years and six months behind bars after he obtained over $1 million in fraudulent GST refunds. ...
acc image
RBA’s rates decision ‘reduces recession risk’ for Australia The RBA’s decision to keep interest rates on hold is the right move for Australian businesses and households with the economy already weakening, economists have said. ...
acc image
Accountants urged to hike fees as new rules squeeze industry Code of conduct changes will increase workloads and practitioners must charge clients accordingly, expert John Jeffreys says. ...
acc image
RBA keeps rates on hold at 4.35% amid persistent inflation The Reserve Bank of Australia has kept rates steady for a sixth consecutive meeting. ...
acc image
SME business confidence continues steady decline: Prospa Following the RBA’s cash rate decision, Australia’s long-term small business confidence will continue to decline based on research by small business lender Prospa. ...
acc image
SMC launches initiative to boost awareness about super Public knowledge and understanding of how super works remains low among Australians despite many regarding it as important for future financial wellbeing, according to th...
acc image
MYOB partners with Silverfin to develop AI solutions The business management company has announced a partnership with Silverfin to provide local accounting professionals with a cloud-based, AI-powered compliance platform. ...
acc image
Coalition continues push to make instant asset write-off permanent A Senate report has recommended the bill to implement the $20,000 instant asset write-off measure be passed in its current state, despite calls to make the measure perman...
acc image