Seize succession planning opportunity, advises director

Seize succession planning opportunity, advises director

Speaking to Public Accountant, Hoffman Kelly director Michael Kerwin thinks that, with an ageing population and with many SME owners coming up to retirement age, this is leaving a huge supply of small businesses with the demand perhaps not necessarily there.He said...
ASIC cancels company auditor’s registration

ASIC cancels company auditor’s registration

Philip James Dowsley requested ASIC cancel his registration as a company auditor as it was undertaking proceedings against him before the Companies Auditors Disciplinary Board, according to a statement.The cancellation took effect on 31 March 2018.ASIC initially took...
Government opens large cash payments consultation

Government opens large cash payments consultation

The proposed measure was announced in the budget to ensure Australians receive a fair go and that illegal black economy behaviour is stopped in its tracks, said Minister for Revenue and Financial Services, Kelly O’Dwyer.The cash payment limit is proposed to apply to...
Keeping on the ATO’s good side this EOFY

Keeping on the ATO’s good side this EOFY

The Australian Taxation Office (ATO) has again put small businesses on notice that they’ll be paying special attention to work-related deductions. It’s essential for accountants to know what their clients can rightfully claim. Getting it wrong, either by accident or...