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Labor pitches free legal advice service for small business

Labor pitches free legal advice service for small business

by Maja Garaca Djurdjevic | May 1, 2019 | News

Announced by Labor’s shadow treasurer Chris Bowen, the party has pledged $10 million per year in funding to the service. The service is planned to cost $40 million over four years, with the funding said to come from Labor’s Banking Fairness Fund.  The Australian...
Red tape costing small businesses over $20bn per year

Red tape costing small businesses over $20bn per year

by Maja Garaca Djurdjevic | May 1, 2019 | News

The engine room of the economy may be at risk of stalling, as new research by software provider Reckon reveals the weight of administration and red tape is costing small business an average of 541 hours in time, and $14,857 in money each year. Almost half of small...
PwC Australia announces tax position for the firm

PwC Australia announces tax position for the firm

by Maja Garaca Djurdjevic | May 1, 2019 | News

PwC Australia announced on Wednesday its tax position for the firm, including tax paid by its partners and staff, following scrutiny from a parliamentary committee. CEO of PwC Luke Sayers said the firm was proud of the role it plays in Australia’s tax system, both as...
Key election issue for small business is payment times

Key election issue for small business is payment times

by Shared by The Age | Apr 30, 2019 | News

That is the clear message from a survey of 1000 businesses by accounting platform MYOB which saw 69 per cent of respondents saying they would vote for policies committing government and big business to pay small businesses within 30 days. Read more at The...
AAT affirms TPB’s termination of tax agent registration

AAT affirms TPB’s termination of tax agent registration

by Shared by Accountants Daily | Apr 30, 2019 | News

In the case of Hill and Tax Practitioners Board (Taxation) [2019], the Administrative Appeals Tribunal (AAT) has rejected an application to reverse the Tax Practitioners Board’s (TPB) decision to terminate the registration of a tax agent. Read more at the Accountants...
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