by Shared by AccountantsDaily | Feb 12, 2019 | News
In 2017, opposition leader Bill Shorten announced that Labor would reform the taxation of discretionary trusts to prevent income from being allocated to household members in lower tax brackets.Read more at the Accountants Daily.
by Shared by AccountantsDaily | Feb 11, 2019 | News
Last week, the minister for environment and the great barrier reef, minister for science and minister for the arts, Leeanne Enoch, declared the flooding in the Townsville district a disaster under the Queensland Disaster Management Act 2003.Read more at the...
by Shared by AccountantsDaily | Feb 11, 2019 | News
On the surface, while accountants were not specifically targeted in Commissioner Kenneth Hayne’s final report, a number of professional accountants in public practice will be likely impacted by recommendations regarding financial advice.Read more at the Accountants...
by Shared by AccountantsDaily | Feb 8, 2019 | News
New data from the ATO from October to December 2018 showed that more than 66,000 taxpayers found and consolidated over 105,000 accounts worth more than $860 million. Read more at the Accountants Daily.
by Shared by AccountantsDaily | Feb 7, 2019 | News
The final report of the royal commission saw 76 recommendations laid out by Commissioner Kenneth Hayne, 14 of which were addressed to the regulators.Read more at the Accountants Daily.