by Slye Joy | Aug 20, 2018 | News
Last week, the government released draft legislation for a list of reforms to combat illegal phoenixing, with Minister for Revenue and Financial Services Kelly O’Dwyer saying they will deter and disrupt the core behaviours of phoenix operators.Ms O’Dwyer said the...
by Slye Joy | Aug 17, 2018 | News
The Inspector-General of Taxation (IGT) Ali Noroozi said the ATO’s approach to GST refund verification is operating well, with the vast majority of refunds being released without the need for verification.He added that, of those refunds that were stopped, over 50 per...
by Slye Joy | Aug 17, 2018 | Features
You have a business client. It’s a small Thai takeaway restaurant in a suburban shopping centre. You find out that they keep their transactions as ‘cash only’ to avoid paying tax. Then you find out that the client is trying to keep as much money as they can so they...
by Slye Joy | Aug 17, 2018 | Blog
These are nervous times for the Australian banking sector. The banking royal commission is stepping up its investigation into the conduct of the major banks and financial institutions. It is expected that this may lead to a new lender landscape, with many candidates...
by Slye Joy | Aug 16, 2018 | News
IPA chief executive Andrew Conway said members recently have been asking them to take the issue of the removal of the accountants’ exemption up with the government.He said the IPA has always maintained that it will act in the best interests of members, and that the...
