by Shared by Accountants Daily | Oct 30, 2019 | News
The Activity Statement Financial Processing (ASFP) project will see more than 17 million activity statement and franking deficit tax accounts move into the accounting system currently used for income tax. Read more at the Accountants Daily.
by Maja Garaca Djurdjevic | Oct 29, 2019 | News
There is now a level playing field between domestic and offshore sellers of commercial accommodation, like hotels, following to a change in the way goods and services tax (GST) is charged. Offshore sellers of Australian commercial accommodation (including online...
by Maja Garaca Djurdjevic | Oct 29, 2019 | News
The Australian Competition and Consumer Commission (ACCC) has announced it has instituted proceedings in the Federal Court against Google, over allegations the tech giant breached the Australian Consumer Law from at least January 2017. In documents lodged to the...
by Shared by MyBusiness | Oct 29, 2019 | News
Steven Scheurmann, leader of financial crimes insights at IBM Asia Pacific, revealed that banks and payments companies are becoming increasingly reliant on external data to build profiles of customers in order to identify suspicious transactions and activities. Read...
by Shared by Accountants Daily | Oct 29, 2019 | News
Speaking at the Senate Estimates last week, ATO chief service delivery officer Melinda Smith said the Tax Office sets clear service benchmarks for external debt collection agencies, and only uses them for a “small portion” of its debt collection activities. Read more...