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TPB to focus attention on $90m owed to ATO by tax practitioners

TPB to focus attention on $90m owed to ATO by tax practitioners

by Maja Garaca Djurdjevic | Mar 4, 2019 | News

The TPB said in a statement that it is concerned about tax practitioners who have failed to meet their own tax obligations and participate in other high-risk behaviours. “We’re now focused on those higher-risk practitioners who’ve failed to comply with over...
Parliamentary inquiry makes 37 recommendations to ATO

Parliamentary inquiry makes 37 recommendations to ATO

by Maja Garaca Djurdjevic | Mar 1, 2019 | News

The House of Representatives standing committee on tax and revenue’s review of the ATO’s annual report 2016–17 has resulted in 37 recommendations, many of which question the fairness and functionality of ATO’s digital reinvention. “A primary...
How accountants and bookkeepers will work in 2019

How accountants and bookkeepers will work in 2019

by Maja Garaca Djurdjevic | Mar 1, 2019 | Blog

In 2013, two researchers from Oxford University published an infamous study claiming that bookkeeping has a 97.6 per cent chance of being automated in the near future, while accounting has a 95.3 per cent of meeting the same fate. Again, in a 2015 report by...
Banking code shake-up after royal commission final report

Banking code shake-up after royal commission final report

by Maja Garaca Djurdjevic | Feb 28, 2019 | News

The new code, approved by ASIC last year, introduces a range of new measures to make banking products easier to understand and more customer focused, the Australian Banking Association (ABA) said.The code itself is currently enforceable through the courts and the...
Harding case: Full Federal Court clarifies definition of ‘permanent abode’

Harding case: Full Federal Court clarifies definition of ‘permanent abode’

by Maja Garaca Djurdjevic | Feb 28, 2019 | News

The court rejected the Australian Taxation Office’s residency assessment, upholding an appeal made by Brisbane-based Cooper Grace Ward on behalf of Australian citizen Glenn Harding.What happened in Mr Harding’s case?Mr Harding permanently departed Australia in 2009,...
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