by Shared by MyBusiness | Jun 4, 2019 | News
ASIC said that Douglas Johnston, a former accountant, was handed the sentence on Tuesday (4 June) after a two-week trial found he had defrauded investors to the tune of around $815,000. Read more at MyBusiness.
by Shared by Accountants Daily | Jun 4, 2019 | News
PwC digital innovation global lead Scott McLiver believes access to better data can provide accountants with key insights into a client’s business, including the prediction of cash flow and performance, while delivering better efficiencies within the practice. Read...
by Maja Garaca Djurdjevic | Jun 4, 2019 | News
Although widely expected, this is the RBA’s first rate cut since August 2016. In his post-meeting statement, RBA governor Philip Lowe explained that the cut is forecast to help make further inroads into the spare capacity in the economy. “The board took...
by Maja Garaca Djurdjevic | Jun 4, 2019 | News
Last year, in collaboration with the Australian Taxation Office (ATO), the TPB commenced action on thousands of tax practitioners who had fallen behind in their own tax obligations. The latest figures show millions of dollars in revenue have been recouped and...
by Maja Garaca Djurdjevic | Jun 3, 2019 | News
The Australian Taxation Office has said it will target false clothing and laundry work-related expense claims this tax time. Although many Australians can claim clothing and laundry expenses, it is unlikely that half of all taxpayers are required to wear uniforms,...
