by Slye Joy | Jun 26, 2018 | News
The government last month introduced a one-off, 12-month amnesty period for small businesses to address any historical underpayment of superannuation.The amnesty began on 24 May under its Treasury Laws Amendment (Superannuation 2018 Measures) Bill 2018.The bill passed...
by Slye Joy | Jun 25, 2018 | News
The Black Economy Advisory Board will be led by the ATO and chaired by Michael Andrew, according to a statement, said the Minister for Revenue and Financial Services, Kelly O’Dwyer.The board will include members of the private and public sector who will provide...
by Slye Joy | Jun 22, 2018 | News
In July 2016, the International Ethics Standards Board for Accountants (IESBA) introduced the Non-compliance with Laws and Regulations (NOCLAR) provision to set a framework for when accountants become aware of potential illegal acts committed by a client or...
by Slye Joy | Jun 21, 2018 | News
The Senate is expected to pass all three stages of the government’s income tax cuts today, with One Nation senator Pauline Hanson confirming her support.In response, the Institute of Public Accountants chief executive Andrew Conway told Public Accountant that this is...
by Slye Joy | Jun 20, 2018 | News
Previously, the IPA said it is working with the Minister for Revenue and Financial Services Kelly O’Dwyer, as well as calling on the SMSF sector to remain robust, regarding the proposed changes.The government’s justification that moving SMSF annual audits to a...