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.
ASIC advises firms to prepare for Brexit
The UK is scheduled to leave the EU on 29 March, but the terms of the UK's exit remain subject to on-going negotiation between the UK and EU,...
‘Value dropped overnight’: The impact of the RC on accountants
On the surface, while accountants were not specifically targeted in Commissioner Kenneth Hayne’s final report, a number of professional...
Residency reforms a matter of urgency
Australian individual income tax residency rules have remained largely unchanged since they were introduced in 1930. It is not unexpected, given...
Royal commission: Put customers first or else, consultants warn
Commissioner Kenneth Hayne made 76 recommendations in his report released on Monday, including a proposal to shake up mortgage broker pay, and...
Latest SIM swap scam draining bank accounts, warns TIO
The Telecommunications Industry Ombudsman’s (TIO) Systemic Spotlight has revealed that fraudsters steal a consumer’s mobile number by convincing...
‘Better now than never’: A regulatory funding lesson for the accounting industry
The final report of the royal commission saw 76 recommendations laid out by Commissioner Kenneth Hayne, 14 of which were addressed to the...
Tax scams down in December, taxpayers still lose $500k
The ATO’s monthly scam report has revealed that $542,456 was reported as being paid to scammers in December 2018, down from the $1,127,782...
Fears of Labor’s trust tax impact on SMSFs eased
Back in 2017, opposition leader Bill Shorten announced that Labor would reform the taxation of discretionary trusts to prevent income from being...
Mandatory education reforms push three-quarters of accountants out of financial advice: poll
A straw poll of 602 accountants by Accountants Daily has revealed that 44.3 per cent will stop providing financial advice, with a further 31.2...
New privacy legislation and considerations for accountants
The importance of individuals’ privacy continues to be reinforced with the Australian government’s mandatory Notifiable Data Breaches (NDB)...
