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Payroll, false records sees business cop $140k penalty

Payroll, false records sees business cop $140k penalty

by Shared by AccountantsDaily | Jan 8, 2019 | News

Following a full audit by the Fair Work Ombudsman, Sajid Amin, who runs and part-owns the Degani outlet at Greensborough, has been penalised $23,562 in the Federal Circuit Court.Read more at Accountants Daily.
‘Won’t be solved overnight’: Regulatory focus on cyber security to continue

‘Won’t be solved overnight’: Regulatory focus on cyber security to continue

by Shared by AccountantsDaily | Jan 4, 2019 | News

In February, new mandatory notifiable data breach (NDB) laws kicked in, requiring firms to provide notice to the Office of the Australian Information Commissioner (OAIC) and affected individuals of a data breach.Read more at the Accountants Daily.
Calls for return of accountants’ exemption continues

Calls for return of accountants’ exemption continues

by Shared by AccountantsDaily | Jan 4, 2019 | News

A straw poll run by sister publication SMSF Adviser with 805 respondents has shown that most SMSF professionals would support a move by the government to bring back the accountants’ exemption, either in full or with a more limited scope.Read more at the Accountants...
ATO ‘absolutely’ to continue paperless push in 2019

ATO ‘absolutely’ to continue paperless push in 2019

by Shared by AccountantsDaily | Jan 3, 2019 | News

The structure of the new tax agent portal, promised for release in the first quarter, forms part of the ATO’s push to digitise communications with tax practitioners. Read more at the Accountants Daily.
Latest research divided on growth plans for accounting firms

Latest research divided on growth plans for accounting firms

by Shared by AccountantsDaily | Jan 2, 2019 | News

According to Sage’s Practice of Now report, 67 per cent of accountants indicated that they felt that the profession was becoming more competitive than ever.Read more at the Accountants Daily.
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