Labor phoenixing proposal has merit, says ASBFEO

Labor phoenixing proposal has merit, says ASBFEO

Shadow assistant treasurer Andrew Leigh said the proposal would enable the Tax Commissioner to name and shame directors who deliberately “burn” companies to avoid their obligations to small businesses, employees and government. In addition, the Labor proposal would...
ATO sets out small business vision for 2024

ATO sets out small business vision for 2024

In a speech to IPA delegates, ATO deputy commissioner Deborah Jenkins noted how the digital age offers new opportunities to transform the experience for small business. In particular, Ms Jenkins said the ATO wants to:     Increase its use of digital technology and...
Impact of the GDPR on Australian businesses

Impact of the GDPR on Australian businesses

Even if you merely monitor your clients’ behaviour when they are travelling in the EU, you’ll need to comply with the GDPR. The GDPR expands the privacy requirements The GDPR is a much expanded privacy law. Since 25 May 2018, it gives consumers new rights to require...
IPA shines light on SME mental health

IPA shines light on SME mental health

Speaking to hundreds of delegates at the World Congress of Accountants in Sydney, IPA chief executive Andrew Conway said its research points to the biggest stress points for small business owners, usually built around the fact they are striving to survive. “We were...
IPA urges accounting bodies worldwide to step up

IPA urges accounting bodies worldwide to step up

A panel of experts gathered at one of the pre-sessions of the World Congress of Accountants in Sydney yesterday to discuss the relevance of professional accountancy organisations (PAOs) to society. IPA chief executive Andrew Conway told the audience that there is not...