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TPB bans agent for SMSF auditor number misuse

TPB bans agent for SMSF auditor number misuse

by Maja Garaca Djurdjevic | Jul 16, 2020 | News

Following an audit and subsequent referral by the Australian Taxation Office (ATO), the Tax Practitioners Board (TPB) undertook an extensive investigation resulting in the registration of Gold-Coast based tax agent Edward Mark Purnell-Webb and his business...
‘Zombie businesses’ to emerge come September, research finds

‘Zombie businesses’ to emerge come September, research finds

by Shared by MyBusiness | Jul 16, 2020 | News

The CreditorWatch data reveals a 20 per cent decrease in the number of SMEs entering into administration from May to June which is also 50 per cent lesser than in June 2019.  Read more at MyBusiness. 
90,000 SMEs to benefit from government’s new subsidy

90,000 SMEs to benefit from government’s new subsidy

by Maja Garaca Djurdjevic | Jul 16, 2020 | News

The government has announced a $2 billion JobTrainer skills program, giving 340,000 Australians the opportunity to retrain or upskill into sectors with job opportunities, including an additional $1.5 billion to expand the apprentice and trainee wage subsidy. Speaking...
ASIC provides update on misconduct with early super release

ASIC provides update on misconduct with early super release

by Shared by SMSF Adviser | Jul 15, 2020 | News

In April this year, ASIC issued a warning to the real estate industry after it became aware that some real estate agents were advising tenants who were unable to pay their rent, or that may be unable to pay rent in the future, to apply for early release of their...
‘If you’ve got an issue, talk to us’, ATO tells Melburnian businesses

‘If you’ve got an issue, talk to us’, ATO tells Melburnian businesses

by Shared by MyBusiness | Jul 15, 2020 | News

Speaking exclusively on the MyBusiness webcast, ATO assistant commissioner for small business Andrew Watson explained that the Tax Office is very understanding of the difficult situation the lockdowns have inflicted on businesses in Victoria. Read more at...
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