by Shared by Accountants Daily | Jun 22, 2021 | News
In the face of mounting workloads and the stress that may accompany them, accountants should be wary of the concept of “specific entitlement”, and be aware of the specific requirements that need to be followed in trust distribution minutes, said John Jeffreys, tax...
by Shared by the ifa | Jun 21, 2021 | News
Appearing at a Senate joint committee on Friday, Australian Small Business and Family Enterprise Ombudsman Bruce Billson was asked about the office’s role in the mediation. Read more at the ifa.
by Shared by Accountants Daily | Jun 21, 2021 | News
Treasury Laws Amendment (COVID-19 Economic Response) Bill 2021 has now been introduced into Parliament, extending the application of the non-assessable non-exempt income status to eligible business support grants received in the 2021–22 financial year. Read more...
by Shared by SMSF Adviser | Jun 21, 2021 | News
Earlier this year, the Australian Financial Complaints Authority (AFCA) had amended its ability to deal with complaints and was forced to change its rules after the court also found it did not have jurisdiction to consider certain types of disputes against licensees....
by Shared by Accountants Daily | Jun 20, 2021 | News
Speaking on the ATO tax professionals webcast on Thursday, ATO assistant commissioner Sylvia Gallagher revealed that tax agents would not lose access to the lodgement program if they failed to meet the 85 per cent on-time benchmark for the 2020–21 lodgement year. Read...
