by Shared by Accountants Daily | Feb 26, 2020 | News
From 1 March, Victoria’s State Revenue Office (SRO) will regard all discretionary trusts with potential foreign beneficiaries as “foreign” purchasers. Read more at the Accountants Daily.
by Maja Garaca Djurdjevic | Feb 25, 2020 | News
The Tax Office has published a list of the most common mistakes made in SMSF annual returns (SARs) and tips to help owners avoid them when lodging their SAR this year. Bank account not unique to the SMSF The ATO said that there must be a bank account in the fund’s...
by Shared by the Guardian | Feb 25, 2020 | News
In its latest list, to be released on Wednesday, Infrastructure Australia said it was elevating environmental concerns because climate change was altering the water cycle and was projected to cause sea level rises of 0.4 to 0.6 metres. It also cited a renewed focus on...
by Shared by The Age | Feb 25, 2020 | News
Australian fintechs are getting a clearer picture of how open banking will work, with the Office for the Information Commissioner this week releasing privacy safeguards outlining how the new players and established banks must obtain consent from customers before...
by Shared by Accountants Daily | Feb 25, 2020 | News
While accountants will be looking to help vary PAYG instalments to provide timely cash-flow benefits for their business clients in the wake of the Black Summer bushfires, floods and the COVID-19 outbreak, concerns have been raised about the ATO’s position on interest...
