by Shared by the ifa | Dec 26, 2019 | News
AI can be used to speed up and optimise processes that would otherwise be too time-consuming or too complex for a human to perform as efficiently as a machine. AIs can also perform more difficult tasks, like predictive analysis, with greater precision than their human...
by Shared by Accountants Daily | Dec 26, 2019 | News
Last week, the Tax Office announced it would request to receive a further five years’ worth of policy information from over 30 insurance companies about taxpayers who own marine vessels, thoroughbred horses, fine art, high-value motor vehicles and aircraft. Read more...
by Shared by the ABC | Dec 23, 2019 | News
The ATO said 142 companies had assessments raised against them during the 2019 financial year, to the value of $1.9 billion. Read more at the ABC.
by Shared by Accountants Daily | Dec 22, 2019 | News
The government has finally released the Board of Taxation’s review of small business tax concessions after it was completed and delivered to the Treasurer in March 2019. Read more at the Accountants Daily.
by Maja Garaca Djurdjevic | Dec 20, 2019 | News
Mark Holton, the director of Smithink, explained that while a number of accounting firms have already made the natural transition to base level advisory, many have overly optimistic expectations. “I think one of the mistakes they’re making with advisory is trying to...
