by Shared by the ifa | Oct 28, 2020 | News
In responses to questions on notice from the House economics committee, ASIC said the consultation paper, which was previously flagged by ASIC commissioner Danielle Press at the FSC’s Future of Advice Summit, would form part of its broader project on unmet advice...
by Shared by Accountants Daily | Oct 28, 2020 | News
In an online update, the ATO stated that following a referral in relation to identified SMSF auditor number misuse, the Tax Practitioners Board has decided to terminate the registration of a fourth tax agent. Read more at Accountants Daily.
by Shared by MyBusiness | Oct 28, 2020 | News
Speaking before the Senate estimates hearings on Tuesday, ATO second commissioner Jeremy Hirschhorn disclosed that $120 million out of the total $69 billion JobKeeper payments has been reclaimed from businesses deemed ineligible. Read more at MyBusiness.
by Shared by SMSF Adviser | Oct 27, 2020 | News
Facing questioning from committee chair and Liberal MP Tim Wilson around donations made by Sunsuper and Industry Super Australia to state divisions of the Labor Party, APRA deputy chair Helen Rowell said it was “difficult to comment” on the nature of the donations...
by Shared by MyBusiness | Oct 27, 2020 | News
Under its continued JobKeeper compliance activities, the Australian Taxation Office (ATO) has announced it will keep a particularly close watch on businesses that have apparent irregularities in their GST turnover as well employers claiming the higher subsidy rate....
