by Shared by AccountantsDaily | Oct 20, 2017 | News
The Tax Institute’ senior tax counsel Professor Bob Deutsch has labelled Wednesday’s announcement of a new bill clarifying the government’s stand on companies eligible for the lower company tax rate as an incomplete policy outcome and warned of a “flurry of amended...
by Shared by AccountantsDaily | Oct 19, 2017 | News
EY’s 2017 Tax Function Survey of tax professionals from 170 private and public Australian companies, found that 40 per cent were still using Excel, with more than half of the respondents still sourcing data manually.Read the full article on Accountants Daily.
by Shared by AccountantsDaily | Oct 18, 2017 | News
Speaking at the Accountants’ Technology Showcase Australia 2017, ATO chief digital officer and deputy commissioner John Dardo said existing ATO systems are now complemented by a more resilient, additional cloud-based gateway.Read the full article on Accountants...
by Shared by AccountantsDaily | Oct 17, 2017 | News
There is a provision in the law which says if an accountant provides certain incidental financial advice as part of tax services, they don’t necessarily need to be licensed with ASIC, the TPB’s chair Ian Taylor explained to sister publication SMSF Adviser.Read the...
by Shared by AccountantsDaily | Oct 16, 2017 | News
The TPB recently released an exposure draft providing new guidance for tax practitioners on outsourcing and offshoring, alerting tax and BAS agents to the compliance action they could face if these arrangements aren’t appropriately structured.Read the full article on...