by Maja Garaca Djurdjevic | Jun 18, 2019 | News
This new measure will take effect for payments made to workers from 1 July 2019 for income tax returns lodged for the 2020 income year onwards and is part of the government’s response to recommendations from the Black Economy Taskforce, the Australian Taxation Office...
by Maja Garaca Djurdjevic | Jun 17, 2019 | News
Full-year reports at 30 June 2019 must comply with new accounting standards on revenue recognition and financial instrument values, including hedge accounting and loan loss provisioning, ASIC has warned. These new accounting standards will have the greatest impact on...
by Shared by the ifa | Jun 17, 2019 | News
Even if experienced advisers exit the industry and cease to be authorised representatives, more of them are occupying a space where they can come back into the fold and draw from their experience in coaching new advisers on areas like client engagement, XY Adviser...
by Maja Garaca Djurdjevic | Jun 17, 2019 | News
The Australian Competition and Consumer Commission has revealed losses to NBN scams in 2019 are already higher than the total of last year’s losses, and are running at three times the number of successful scams in 2018. Consumers lost an average of more than $110,000...
by Shared by Accountants Daily | Jun 17, 2019 | News
Last year, the ATO released its first ever Individuals not in business tax gap report, revealing an $8.7 billion gap caused primarily by incorrect claims for deductions for work-related expenses and omitted income. Read more at the Accountants Daily.
