by jlian | Apr 12, 2018 | News
Yesterday, the government released draft legislation on the introduction of ASIC fees-for-service, the second phase of the ASIC industry funding model.Under the new fees-for-service regime, fees for activities such as processing a licence application will be revised...
by jlian | Apr 12, 2018 | Features
Starting a not-for-profit (NFP) organisation often stems from a desire to make an impact in a community on an issue that an individual or group of people believe is not adequately addressed by the government or existing NFPs. Many business owners with charitable...
by jlian | Apr 11, 2018 | News
On 1 April, PLS became the only electronic channel to lodge individual tax returns, following a staggered implementation process since 1 April 2017 that has seen company tax returns, trust tax returns, SMSF annual returns, fund income tax returns, partnership returns,...
by jlian | Apr 10, 2018 | News
South Australian John Tretola has been disqualified from being an approved SMSF auditor after ASIC found that he had breached independence requirements by auditing his own fund and a fund where he was a trustee. Mr Tretola was also found to have failed to identify and...
by jlian | Apr 6, 2018 | News
At the Institute of Public Accountants (IPA) National Congress on the Gold Coast last year, Mr Jordan said over 900 audits showed tax agents were contributing to Australia’s individual tax gap through “carelessness, miscalculation and simple mistakes”.More recently,...