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Tax Office warns on abuse of tax perks

Tax Office warns on abuse of tax perks

by Shared by Australian Financial Review | Jan 10, 2018 | News

The ATO abruptly suspended the old rules for allocating profits within professional services firms on December 14 and has advised anybody wanting to enter into new arrangements not to rely on previous rules. The change is likely to affect thousands of high-earning tax...
Income tax cuts could ease mortgage burden, lift consumer spending

Income tax cuts could ease mortgage burden, lift consumer spending

by Shared by Australian Financial Review | Jan 8, 2018 | News

Tax cuts are also nowhere near as effective as stronger wage growth in correcting soft consumer sentiment, economists told The Australian Financial Review’s quarterly survey, although the same experts are largely confident that wage inflation will accelerate in...
US House approves final tax bill

US House approves final tax bill

by Shared by Australian Financial Review | Dec 20, 2017 | News

The first overhaul of the US tax system in over 30 years could be signed into law by President Donald Trump as soon as Wednesday (Thursday AEDT), if both chambers of Congress approve the legislation. Read the full article on the Australian Financial...
One-third of top 100 accounting firms have no women partners

One-third of top 100 accounting firms have no women partners

by Shared by Australian Financial Review | Dec 6, 2017 | News

Data from the Financial Review Top 100 Accounting Firms shows that 35 firms have no women partners at all, while five firms had partnerships that were split 50-50 between men and women.Read the full article on the Australian Financial Review.
PwC partner Steve Bourke accused of improper auditing at Vocation

PwC partner Steve Bourke accused of improper auditing at Vocation

by Shared by Australian Financial Review | Nov 28, 2017 | News

Steve Bourke denies ASIC’s allegations against him but has voluntarily cancelled his registration with the corporate regulator as a registered company auditor. PwC said Mr Bourke will perform roles that do not require him to be a authorised auditor.Read the full...
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