by Shared by AccountantsDaily | Feb 15, 2018 | News
Mirroring PwC’s assessment of the ATO’s 2016 digital meltdown, the Institute of Public Accountants’ chief executive Andrew Conway said he’s sceptical about the tax office’s ability to resolve its information and communication technology (ICT) issues in the short to...
by Shared by AccountantsDaily | Feb 12, 2018 | News
The introduction of legislation last year to allow transition to retirement pensions to convert to retirement phase, where a member has satisfied a condition of release, has resulted in complications where a beneficiary receives a reversionary TRIS upon the death of a...
by Shared by AccountantsDaily | Feb 9, 2018 | News
Work-related expenses have been a priority item for the tax office for several years, but this tax time there will be significantly more investment in monitoring deductions.Read the full article on Accountants Daily.
by Shared by AccountantsDaily | Feb 7, 2018 | News
Clients who conduct irregular activity that generates income but nil profits are often not aware that they may have a hobby as opposed to a business, and may be unable to claim GST credits on their purchases.Read the full article on Accountants Daily.
by Shared by AccountantsDaily | Feb 5, 2018 | News
Mid-tier firm HLB Mann Judd is finding some clients are facing hurdles upon retirement where their retirement savings is tied up on their business or an SMSF.Read the full article on Accountants Daily.