Major bank makes moves on small business loans

Major bank makes moves on small business loans

NAB has announced it would provide a “complete overhaul” of its existing business standard loan form contract with simpler contractual clauses, plain English, and a major reduction in document length, with one-third of existing terms and conditions discarded.NAB...
IPA member makes waves on gender equality

IPA member makes waves on gender equality

Women with Cents founder Natasha Janssens concedes that the road to equality is long but believes women today can create history by championing the rights for the next generation of women. Recent figures released by the Australian Institute of Company Directors (AICD)...
WA downturn a critical lesson for Aussie accountants

WA downturn a critical lesson for Aussie accountants

The mining downturn in Western Australia has seen businesses suffer, with key lessons on how to maintain a business in tough times and position the business for new growth to be drawn from their experiences, according to RSM director of business Advisory Craig...
Major tax return fraud uncovered by ATO, police

Major tax return fraud uncovered by ATO, police

The arrest of the 25-year-old man follows a joint investigation between the ATO, the Financial and Cyber Crime Group and the State Crime Command.It is alleged that the man has been linked to 63 fraudulent tax return lodgements via myTax, from September 2015 to July...
ATO’s R&D crackdown sees tax agent sent to jail

ATO’s R&D crackdown sees tax agent sent to jail

Arjuna Samarakoon was sentenced at Melbourne County Courthouse yesterday for his role as a tax professional in a company which fraudulently claimed refunds on two separate occasions in 2013 from the ATO under the R&D tax incentive, with a total value of...