Treasurer called out over Medicare levy charges to the dead

Treasurer called out over Medicare levy charges to the dead

Nexia Brisbane chief executive Ken Robertson said following the revelations of the royal commission that in some cases advice fees were being charged to the dead, Treasurer Scott Morrison blasted the banks over this misconduct.“[The Treasurer] may not be aware that...

ASIC set to ‘have a field day’ with accountants

The IPA’s Tony Greco stressed there is a “very fine line” between providing factual information and financial advice, noting it is “almost impossible” to guide clients through the latest round of superannuation reforms without giving financial advice.“The big elephant...

Brace for more ATO delays, accountants told

Late last year, the ATO said a new service, ATO Online, would be available in the first-half of 2017 as a new platform capable of replicating the functions of the Tax Agent Portal.However, after the massive and ongoing failures of the ATO’s online portals since...

Tax, accounting firms warned on organic growth focus

Planet Consulting founder and principal consultant Rob Pillans recently spoke about trends he’s seeing in the accounting profession.One trend he highlighted is about the desire to secure more clients, which often overshadows everything else.“The thing that I still...