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Queensland building regulator blacklists 15 accountants

Queensland building regulator blacklists 15 accountants

by Shared by Accountants Daily | Feb 17, 2020 | News

The Queensland Building and Construction Commission (QBCC) has blacklisted 15 accountants for providing false, incorrect or misleading information on behalf of their construction company clients in relation to new QBCC Minimum Financial Requirements (MFR) laws. Read...
Court backs ATO position on foreign income tax offsets

Court backs ATO position on foreign income tax offsets

by Maja Garaca Djurdjevic | Feb 16, 2020 | News

The Australian Taxation Office (ATO) has welcomed the decision of the High Court to not grant an application for special leave to appeal a decision of the Full Federal Court. “The decision is an important clarification of the law, and I encourage taxpayers and their...
ATO warns of scammers targeting natural disaster victims

ATO warns of scammers targeting natural disaster victims

by Maja Garaca Djurdjevic | Feb 16, 2020 | News

ATO assistant commissioner Karen Foat said this is a classic case of fraudsters impersonating the ATO in an effort to collect personal information from people like names, addresses, emails, phone numbers and online banking login details. This particular scam includes...
Regulators welcome greater ASIC oversight of super

Regulators welcome greater ASIC oversight of super

by Shared by SMSF Adviser | Feb 16, 2020 | News

Treasurer Josh Frydenberg released exposure draft legislation for consultation on 31 January in response to recommendations from the Hayne royal commission. Read more at SMSF Adviser.
‘Exceeding expectations’: 1 in 5 tax agents using myGovID

‘Exceeding expectations’: 1 in 5 tax agents using myGovID

by Shared by Accountants Daily | Feb 16, 2020 | News

BAS agents are currently leading tax agents when it comes to using myGovID to access the ATO’s Online services environment, with 46 per cent of all BAS agents now using the new digital identity to log in. Read more at the Accountants Daily. 
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