by Gavin Fernandes, Senior Partner Manager at MYOB | Jul 18, 2022 | Blog
For accountants, not only is this true, but it can also help free up more time for advisory. As was discussed on a AFAANZ panel we hosted last week, digitisation can help accountants reduce four days of crunch and analysis to one day, allowing for more time with...
by Keeli Cambourne | Jul 17, 2022 | News
The CRS is the single global standard for the collection, reporting and exchange of financial account information on foreign tax residents. Under it, banks and other financial institutions will collect and report to us financial account information on non-residents....
by Keeli Cambourne | Jul 17, 2022 | News
The guide covers what is required for the automatic exchange of financial information (AEOI) framework for which the ATO is responsible in regard to data collection and exchanges with foreign jurisdictions in relation to Foreign Account Tax Compliance Act (FATCA) and...
by Shared from accountantsdaily.com.au | Jul 17, 2022 | News
Tax and commercial incentives no longer existed, said senior advocate at the institute Robyn Jacobson, as previous arrangements involving sub-trust interest-only loans were no longer available under TD2022/11 from 1 July. “The interest-only aspect was the most...
by Keeli Cambourne | Jul 17, 2022 | News
Prime Minister Anthony Albanese has announced the decision to reinstate the emergency payments until September 30 following a cabinet meeting this morning. The payments – designed to compensate people who had caught COVID and had to isolate and miss work –...