ATO gives tax time tips for SMEs

ATO gives tax time tips for SMEs

Assistant commissioner Deborah Jenkins said that there were a lot of new business owners about to have their first tax time experience due to the thousands of new small business registrations each month. “We understand that around 50 per cent of small businesses come...
Aussie chief execs rank cyber security as top priority

Aussie chief execs rank cyber security as top priority

KPMG’s 2017 Global CEO Outlook study of over 1,200 leaders with a company turnover of more than $500 million revealed that 71 per cent of Australian head honchos were preparing to invest in cyber security, compared to 53 per cent of chief executives globally.80 per...
Government agencies launch business swoop

Government agencies launch business swoop

Over the course of two days, inspectors will be checking time and wage records to ensure employers are paying their workers correctly and complying with pay slip and record-keeping requirements. The previous joint operation in Brisbane saw almost $40,000 recovered for...
Growth, retention confidence takes a hit for accountants

Growth, retention confidence takes a hit for accountants

The Bstar Accounting Research Report, conducted collaboratively with BT Financial Group, surveyed 600 partners and senior professional staff within accounting practices from May 2016 to February 2017.The overall view of client retention and growth saw a sharp decline...
Outsourcing cannot shoulder blame for industry shift

Outsourcing cannot shoulder blame for industry shift

David Carter, chief executive of Odyssey Resources, an offshore BPO centre in Vietnam, said automation has been the single largest disruptor in the compliance space and that graduates should instead leverage on their technology-centric skills to remain relevant in the...