by Slye Joy | Aug 22, 2018 | News
Last week, IPA chief executive Andrew Conway asked members for feedback around advocating for a return of the ‘accountants’ exemption’ to provide financial advice related to self-managed superannuation.Since the government removed the accountants’ exemption on 1 July...
by Slye Joy | Aug 21, 2018 | News
Speaking to Public Accountant, strategic alliances director for APAC at Thomson Reuters Hydar Al Ammar said SMEs want greater clarity around how their business is operating.In particular, he said SMEs now need real-time information and data, and that accountants need...
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...
