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TPB ramps up terminations with 129% spike

TPB ramps up terminations with 129% spike

by Shared by SMSF Adviser | Aug 11, 2020 | News

The Tax Practitioners Board has revealed that it terminated 178 tax practitioner registrations in the 12 months to 30 June, a 129 per cent increase compared to the previous year. Read more at SMSF Adviser.
Government stimulus creating backlog of SME insolvency cases

Government stimulus creating backlog of SME insolvency cases

by Shared by MyBusiness | Aug 11, 2020 | News

Prushka Fast Debt Recovery revealed through data sourced from court records that the Australian Taxation Office and other government agencies have halted their winding up of businesses. Read more at MyBusiness. 
How this Melbourne accountant is thriving in lockdown

How this Melbourne accountant is thriving in lockdown

by Shared by Accountants Daily | Aug 11, 2020 | News

For Illumin8 director Andrew Van De Beek, the new six-week stage 4 restrictions in Melbourne have hardly caused a hitch in his firm’s day-to-day operations. Read more at the Accountants Daily.
Demand for SMSF loans remains steady amid economic downturn

Demand for SMSF loans remains steady amid economic downturn

by Shared by SMSF Adviser | Aug 10, 2020 | News

Thinktank director Per Amundsen said despite ATO data suggesting a levelling off in the number of new LRBAs after years of strong growth, non-bank lender Thinktank is continuing to see a consistent increase in demand for SMSF loan products as members search for more...
How lockdown could impact compliance for Victorian advisers

How lockdown could impact compliance for Victorian advisers

by Shared by the ifa | Aug 10, 2020 | News

AIOFP executive director Peter Johnston has written to both the Victorian Premier’s office and ASIC last week on behalf of members, following concerns that the lockdown would affect advisers’ ability to conform to several of their AFSL obligations. Read more at the...
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