Perfect reports 10 years away, say consultant

Perfect reports 10 years away, say consultant

Cole Accounting managing director Michael Cole had earlier lamented on the lack of support from software providers in turning their ears to the needs and requirements of accountants on the ground.“For years software houses have told us what reports they can give us,...
IPA slams new STP requirements

IPA slams new STP requirements

Yesterday, the government confirmed that STP would be locked in for small businesses with less than 20 employees, as part of its wider crackdown on superannuation guarantee obligations non-compliance. Employers with more than 20 employees will transition to STP from 1...
ASIC’s small business focus ‘pleasing’, says IPA

ASIC’s small business focus ‘pleasing’, says IPA

Last week, ASIC commissioner John Price announced the corporate regulator’s Small Business Strategy 2017-2020, detailing its three strategic priorities to “engage, assist, and protect”.IPA chief executive Andrew Conway has welcomed the move, highlighting the need for...
ATO zooms in on car expense claims

ATO zooms in on car expense claims

In the 2015/16 financial year, the tax office said that over three million Australians made a work-related car expense claim, totalling around $8.5 billion. ATO assistant commissioner Kath Anderson said a “significant proportion” of those claims were at the limit of...