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.
Granting more power to ATO ‘could do more harm than good’
The Treasury handed down a consultation paper late last year outlining recommendations aimed at tackling the black economy by amending the...
TPB urges action ahead of January deadline for new blitz
Last month, the TPB announced the launch of a debt and lodgment project for tax practitioners who have personal tax debts with no payment plans,...
Labor’s $3k tax affairs cap tipped to hit SMSF trustees
In May 2017, opposition leader Bill Shorten announced that, if elected, Labor would cap the amount that individuals can deduct for the management...
Super fund trustees must be accountable, says IPA
In response to the Productivity Commission report on super funds, the Institute of Public Accountants (IPA) refers to its earlier views made in a...
IPA questions objectives of the super system
Last week, the Productivity Commission (PC) report, Superannuation: Assessing Efficiency and Competitiveness, recommended a spate of changes to...
90k taxpayers tipped to be worse off in ‘outrageous’ $3k tax advice cap
In May 2017, Labor announced that it would seek to introduce a cap on managing tax affairs if it came into government, in a bid to raise $1.8...
Some 3.5m Aussies asked for financial advice by friends, families
Some 6 million Australians seek advice about money and investments from friends and families, Roy Morgan’s Single Source survey shows. Of the 16...
GST and self-managed superannuation funds
Goods and services tax (GST) is a 10 per cent tax directed towards the sales of goods and services acquired by a business or individual. GST is...
IPA escalates focus on Labor’s $3k tax affairs cap as election draws closer
In May 2017, Labor announced that it would seek to introduce a cap on managing tax affairs if it came into government, in a bid to raise $1.8...
Scam impersonating legitimate TPB number, warns regulatory body
“We have been notified of a telephone scam using technology to impersonate a legitimate TPB telephone number,” the TPB said in a LinkedIn...
