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ATO to ramp up scrutiny of $20k tax break use

ATO to ramp up scrutiny of $20k tax break use

by Shared by AccountantsDaily | Jun 19, 2017 | News

Last week the government announced that legislation to extend the $20,000 instant asset write-off for small businesses for another year was passed by the senate with no amendments.Read the full article on Accountants Daily.
Accounting job ad growth falling flat in early 2017

Accounting job ad growth falling flat in early 2017

by Shared by AccountantsDaily | Jun 16, 2017 | News

Seek has revealed that ad growth remained flat for the accounting sector in March to May 2017 when compared to the same quarter last year.Read the full article on Accountants Daily.
Accountants told to act now to avoid client funding issues

Accountants told to act now to avoid client funding issues

by Shared by AccountantsDaily | Jun 14, 2017 | News

In the 2016-17 Mid Year Economic and Fiscal Outlook the government announced that from 1 July 2017 the ATO will be able to disclose to Credit Reporting Bureaus the tax debt information of businesses that have not effectively engaged with the ATO to manage these...
‘Huge pressure’ for tax agents with new SMSF reporting

‘Huge pressure’ for tax agents with new SMSF reporting

by Shared by AccountantsDaily | Jun 7, 2017 | News

Speaking at an event in Sydney, SMSF Association head of technical Peter Hogan said initially the ATO had floated the idea of commencing the events based reporting scheme after the lodgement of the 2016/17 financial year return.Read the full article on Accountants...
Profitability proving problematic for many firms

Profitability proving problematic for many firms

by Shared by AccountantsDaily | Jun 6, 2017 | News

Bstar has exclusively revealed to Accountants Daily some results from its Accountants Research Report 2017/18 report, in conjunction with BT Financial Group, which is yet to be released.Read the full article on Accountants Daily.
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