A story of opportunities lost

A story of opportunities lost

Alas, there was no real bigger news and sadly there was no better news. In fact, the 2013 Budget can be likened to a book of short stories: lots of small anecdotes but no connection to a central plot. There were a number of revenue measures announced, reflecting both...
Addressing a common mistake

Addressing a common mistake

A majority of practices get two things wrong:     They invoice an entity which is not legally bound to pay; and     They fail to set up a legal obligation by the party that has the greatest capacity to pay – namely, the individual or individuals behind the various...

Tax law report – Jun/Jul 2013

The Commissioner of Taxation has a two-year period to amend a taxpayer’s tax return where that taxpayer is an individual or a qualifying small business taxpayer. Four-year time limits apply to taxpayers with more complex tax affairs, including those who are...
Data risk and how to reduce it

Data risk and how to reduce it

Backup protects you from two types of risk. One risk is data loss – the problem you get when you or your client accidentally hit ‘delete’, or a virus gets at your data, or the disk and the building get burnt to a smouldering ruin. Here, the risk is that someone gets...

IPA in China – 2013

Take a look at the Andrew Conway’s (Institute of Public Accountants CEO) recent visit to China to meet with business leaders and educational institutions to further the reach and awareness of the IPA.