by sdeller | Feb 1, 2017 | News
IPA CEO Andrew Conway says taxable payments reporting has resulted in “measurable improvements in compliance by contractors” and has “exposed areas of non-compliance such as missing ABN details and invalid ABNs”. “Mandatory reporting has shown to be a very effective...
by sdeller | Jan 31, 2017 | News
Managing director of IODM Damian Arena says clients pay their accountants late because they simply “forget to pay”, adding that accountants should have a streamlined system in place to ensure prompt payments.“Currently there [are] 26 billion unpaid invoices in...
by sdeller | Jan 30, 2017 | News
BMT managing director Bradley Beer says clients are “absolutely all the time” surprised by what items they can claim on tax, particularly depreciation on aged properties, and are also unaware of their ability to amend two years’ worth of past tax returns.“If you...
by sdeller | Jan 27, 2017 | News
Despite the push for accountants to be proactive in contacting clients about the new superannuation $1.6 million transfer cap, HLB Mann Judd’s wealth management partner, Michael Hutton, says retirees affected by the cap “have a lot of money” and are therefore not...
by sdeller | Jan 25, 2017 | News
IPA executive general manager, advocacy and technical, Vicki Stylianou, says that while a co-regulatory framework, shared between ASIC, the state, accounting and auditing professions and private industry, would make the regulatory system “a lot more efficient”, it is...
