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  1. Coalition continues push to make instant asset write-off permanent

    Credit Code to buy now, pay later services. The bill was referred to the Senate Economic Legislation Committee early last month. The committee said it welcomed the measures in the bill which would introduce "appropriate regulation of the BNPL industry,...

  2. Cloudstaff acquires optiBPO to drive global growth strategy

    of $123 million in 2021–22. “Cloudstaff was already growing at more than 50 per cent a year as the pandemic hit and the last three years have added fuel,” said Mr Ernst. “We’ve doubled our team size since 2020 and are planning to increase it by a...

  3. Cloud-based Automated Financial/Management Reporting

    automates away those wasted unproductive hours. Significant growth in virtual operational capabilities required in the last year and a half will only increase, and working from anywhere, anytime on any device is a must. Company Consolidations have never...

  4. Cloud technologies necessary to ride wave of economic growth for accounting practices

    accountants will be advising clients through a period of substantial economic growth. While this may be a stark contrast to last year, one thing holds true: accounting practices will need to lean on digital innovation to ride this wave of growth. To...

    • Type: Article
    • Author: Kerry Agiasotis, Sage Asia Pacific
    • Category: Technology
  5. Clients' financial literacy helps super funds pounce: royal commission

    vulnerable to exploitation, flagging several concerns with the industry’s structure. In his concluding remarks at the end of last weeks’ public hearings on superannuation, Mr Hodge said the evidence heard by the royal commission during its fifth round...

  6. Clients warned on discretionary trust amendments ahead of retrospective duty, land tax

    have been urged to make amendments despite the passing of the transitional amendment date of 31 December 2019. In October last year, legislation was introduced by the NSW government to treat discretionary trusts as foreign trusts, liable for both...

  7. Clients urged to confirm JobKeeper Step 2

    the number of eligible employees. While the ATO continues to receive high call volumes, 100 per cent up from this time last year, Mr Addison believes practitioners should be able resolve the Step 2 issue smoothly once they get in touch with the Tax...

  8. Clients tipped to look for more financing support in 2019

    are already feeling the impact of the banking royal commission, with the lending criteria tightened significantly over the last 12 months,” said Mr Turnbull. “In obtaining finance, more information is required to be provided to lenders which results in...

  9. Clients remain plagued by SMSF confusion

    director Recep III Peker. “Although the number of SMSFs continues to grow each year, the rate of growth has slowed over the last four years. “While there was some concern among SMSF trustees about these changes, they seem to have largely remained...

  10. Clients don't read massive SOAs, professionals told

    its limitations, is actually telling us we can cut stuff out of our SOA,” he said at the ifa Business Strategy Day in Sydney last week. “Your advice has to be clear, concise and effective, and how can 60, 90 or 120 pages be clear, concise and...

  11. Clients compromised amid education reforms for accountants

    to a licensed accountant to meet those needs. However, a survey by Chartered Accountants Australia and New Zealand (CA ANZ) last month revealed that 60 per cent of accountants providing financial advice will drop the offering if the federal government’s...

  12. Client-agent linking threatening ‘viability of practices’, CA ANZ tells ATO

    in the current system, which has left tax agents and clients unable to fulfil lodgement obligations. “When the mode of last resort is contacting the ATO, this has caused a lot of frustration for clients. Clients are on hold for hours with the ATO,” CA...

  13. Client satisfaction a pandemic silver lining: HLB Mann Judd

    a rise in client satisfaction for accountants, who have found new ways to offer added value to their services over the last two years. The research analysed client sentiment among clients who have engaged with accountants across the HLB Mann Judd...

  14. Clean sweep for CPA board at AGM

    hurt, anger, and the extreme disappointment that members have experienced over the events that unfolded in our organisation last year”. It then descended into a frustrating evening for members present when Mr Wilson revealed that the four board-proposed...

  15. Clean data vital for business stress tests

    their financial history was also important. “We did tax planning yesterday and showed a client they’d spent $80,000 on fuel last year and they’d spent $120,000 on fuel so far this year,” Mr Robinson said. “They were shocked.” He said the end of the...

  16. Class names new director

    Financial Group chief executive Tony Fenning as the final new director to the Class board. Mr Fenning’s appointment follows last week’s announcement of three new directors – Kathryn Foster, Matthew Quinn and CEO Kevin Bungard. Class chairman Barry...

    • Type: Article
    • Author: Staff Reporter
    • Category: Business
  17. Class Benchmark Report: SMSFs continue to fuel ETF growth

    Promoted by Class Limited Class has released the SMSF Benchmark Report for the last quarter. Approximately one third of ETF investors are SMSFs and more than half of all ETF assets are held by SMSFs. Over the last 5 years, total assets invested by...

    • Type: Article
    • Author: Class Limited
    • Category: Super
  18. Class appoints four extra general managers

    great talent to our business.” The four appointments are Gary Cox, Tracy Williams, Tom Sargent and Jo Hurley, with the last the sole non-internal promotion. Previously head of business services, Mr Cox is now a general manager of Class putting him in...

  19. Clarifying ‘arm’s length’ crucial in COVID-19 rent relief

    of COVID-19, as long as the trustees can demonstrate the arrangement is on arm’s-length commercial terms. However, since the last global pandemic was the Spanish flu back in 1918, Mr Burgess said there is no modern-day precedent or a complete set of...

    • Type: Article
    • Author: Adrian Flores
    • Category: Super
  20. Claim trends that every accountant will want to know

    into a new financial year these are some claim trends that the Accountancy Insurance Claims team have identified over the last 12 months which may be of interest to your accounting firm. As an accountant you are acutely aware that quite often reviews or...

    • Type: Article
    • Author: Accountancy Insurance
    • Category: Business