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ATO flags SMSF auditor priorities for FY2021

ATO flags SMSF auditor priorities for FY2021

by Shared by SMSF Adviser | Sep 14, 2020 | News

ATO SMSF auditor portfolio director Kellie Grant explained that the ATO has for now suspended its auditor programs, which are the review it conducts on auditors. Read more at SMSF Adviser. 
‘We’re in the people business’: Accountants lead mental health charge

‘We’re in the people business’: Accountants lead mental health charge

by Shared by Accountants Daily | Sep 14, 2020 | News

Institute of Public Accountants chief executive Andrew Conway believes the accounting profession will need to address the impacts of mental health and provide better training and support to practitioners as they approach confronting client conversations. Read more at...
Victoria announces $3bn in business support, including $1.1bn for SMEs

Victoria announces $3bn in business support, including $1.1bn for SMEs

by Maja Garaca Djurdjevic | Sep 13, 2020 | News

Premier Daniel Andrews has announced a multibillion-dollar package to help businesses survive and keep Victorians in jobs. “For our state to recover, we need our businesses to recover too. As we take our first safe and steady steps towards COVID Normal, this support...
ATO reveals jump in contraventions reported for FY20

ATO reveals jump in contraventions reported for FY20

by Shared by SMSF Adviser | Sep 13, 2020 | News

ATO director Kellie Grant stated that during the 2018-19 financial year, the ATO received auditor contravention reports (ACRs) reporting 27,925 contraventions for around 10,361 SMSFs.  Read more at SMSF Adviser. 
Deferral of SG increases will help businesses, says Ombudsman

Deferral of SG increases will help businesses, says Ombudsman

by Shared by MyBusiness | Sep 13, 2020 | News

In a letter to Treasurer Josh Frydenberg, Ms Carnell proposed a two-year deferral on legislated SG increases. Read more at MyBusiness. 
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