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Financial adviser numbers hit 5-year low

Financial adviser numbers hit 5-year low

by Shared by SMSF Adviser | Sep 21, 2021 | News

The latest Rainmaker Information’s Financial Adviser Report has revealed almost 9,000 advisers have exited the industry since 2018, approximately a 30 per cent decline.  Read more at SMSF Adviser.
‘Incredulous’: Service NSW confirms JobSaver fortnightly retest

‘Incredulous’: Service NSW confirms JobSaver fortnightly retest

by Shared by Accountants Daily | Sep 21, 2021 | News

New guidelines released by Service NSW over the weekend have revealed that accountants, tax or BAS agents who applied for JobSaver or the Micro-Business Grant on behalf of their clients will be required to reconfirm their eligibility each fortnight for them to...
Thousands of WA taxpayers impacted by unregistered agent can now get free tax help

Thousands of WA taxpayers impacted by unregistered agent can now get free tax help

by Juliet Helmke | Sep 21, 2021 | News

The Tax Practitioners Board (TPB) is trying to get in touch with thousands of West Australian taxpayers who used the services of an unregistered tax agent who was recently ordered to cease operating by the federal court. Taxpayers who used the services of Jessa Van...
ATO issues warning to taxpayers concealing foreign income

ATO issues warning to taxpayers concealing foreign income

by Juliet Helmke | Sep 20, 2021 | News

The Australian Taxation Office (ATO) has released a notice warning taxpayers to be honest about their foreign income. The new taxpayer alert, TA 2021/2, sounds the alarm on people trying to pass off income earned overseas as gifts or loans from family or friends on...
ATO unfairly shut out late JobKeeper enrolments, says IGTO

ATO unfairly shut out late JobKeeper enrolments, says IGTO

by Shared by Accountants Daily | Sep 20, 2021 | News

At least 20 taxpayers made a complaint to the Inspector General of Taxation and Tax Ombudsman (IGTO) after their late JobKeeper enrolment request was denied by the ATO based on restrictive and narrow guidance provided to frontline Tax Office staff. Read more at...
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