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Big four accounting CEOs meet on cultural targets

Big four accounting CEOs meet on cultural targets

by Shared by Australian Financial Review | Aug 15, 2017 | News

PwC has become the first firm to move to voluntary targets based on the firm’s self-identifying annual survey. The firm found while 42 per cent of their employees were from a culturally diverse background, only 22 per cent were advancing to become partners last...
Tax confusion could prove costly

Tax confusion could prove costly

by Shared by Australian Financial Review | Aug 9, 2017 | News

Small businesses in Australia are progressively becoming eligible for the lower rate of 27.5 per cent based on annual “aggregated turnover” thresholds – $10 million in the first year but $25 million and $50 million in the following years. Read the full...
’Epic’ loss of franking credits in tax plan

’Epic’ loss of franking credits in tax plan

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

The problem arises because under the Enterprise Tax Plan, tax is payable on a company’s current-year turnover, whereas franking is based on the past year’s turnover.Read the full article on the Australian Financial Review.
Tax blitz on lawyers, accountants

Tax blitz on lawyers, accountants

by Shared by Australian Financial Review | Jul 14, 2017 | News

Former KPMG global chairman Michael Andrew said the taskforce had become aware of advisers who promoted schemes that put their clients’ interests before the law. Read the full article on the Australian Financial Review.
Can super funds read your mind?

Can super funds read your mind?

by Shared by Australian Financial Review | Jul 7, 2017 | News

It’s just one of a number of extraordinary steps the sector is taking to encourage people to boost their contributions, hand over their tax file number or track down lost super accounts. Read the full article on the Australian Financial Review.
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