TOPIC
Payday Super arrives midyear. Are your clients ready?
Payday Super will mean more admin and costs for small businesses, says the IPA's Tony Greco. It's time to prepare.
Raising money smart kids
The financial literacy of Australians has been at the front and centre of a debate for generations. And with recent data from the Reserve Bank...
ATO set to double audits of dodgy rental deductions
Rental property owners are being warned to ensure their claims are correct this tax time, as the Australian Taxation Office (ATO) doubles down on...
Citigroup to refund $3m over product confusion
An ASIC investigation found that Citigroup's financial advisers were offering a product under general advice, but that their conduct may have led...
Taxpayers are not ‘rorters’, says IPA
Late last week, Bill Shorten labelled the deductibility of the cost of managing tax affairs as a “rort”, reiterating Labor’s plan to limit the...
Over 40,000 ATO impersonation scams so far in 2019
The Australian Taxation Office (ATO) has warned about the continuation of unprecedented numbers of pre-recorded phone calls experienced last year...
Consumers confused by meaning of ‘general’ advice, ASIC
ASIC's report, Financial advice: Mind the gap, presents new independent research on consumer awareness and understanding of general and personal...
Clients need education on negative gearing changes, says IPA
Speaking to Accountants Daily sister publication Smart Property Investment, Institute of Public Accountants general manager of technical policy,...
IPA develops regime for accountants to fill advice gap
The Hayne royal commission and the ATO have acknowledged the existence of a gap between 'full financial advice and smaller matters', which the...
Brexit has inflicted serious damage on UK financial services, says global CEO
The actual process of leaving the EU itself is now increasingly irrelevant, judged Nigel Green the founder and CEO of deVere Group....
$1m penalties set to kick in for dodgy sales tools
New laws passed last year made it illegal to manufacture, distribute, possess, use or sell electronic sales suppression tools (ESSTs). Read more...
