by admin | Dec 1, 2012 | Features
While IT has long been a candidate for outsourcing, shifting accounting and finance operations to outside providers has been less common. But that’s changing. Outsourcing of finance and accounting is growing at more than 20 per cent a year as companies look to...
by admin | Dec 1, 2012 | Features
Of course, cost optimisation isn’t about singling out one section of a business for budget cuts, as a cost reduction in one area may trigger a cost hike elsewhere within the business. Make a cut in IT, for instance, and it may bump up costs in finance, HR, procurement...
by admin | Dec 1, 2012 | Features
In the first case, the Administrative Appeals Tribunal (AAT) affirmed the Tax Practitioners Board’s decision to terminate the registration of a tax agent (Tung), following the lodgement by Tung of a number of unverified tax returns without making direct contact with...
by admin | Dec 1, 2012 | Features
All legislative references are to the Income Tax Assessment Act 1936 (ITAA 1936) unless specified otherwise. For the purpose of this question, it is assumed that there is a payment to the shareholders from the asset revaluation reserve, as opposed to a loan by the...
by admin | Dec 1, 2012 | Features
The administration of Australia’s tax and superannuation systems is shaped by a vision that Australians value these systems as community assets, and willing participation is recognised as good citizenship. We also have strong corporate values and we have focused on...