SMSF sector must be ‘strong and transparent’, urges IPA

SMSF sector must be ‘strong and transparent’, urges IPA

The government announced in the budget of plans to change the annual audit requirement to a three-yearly requirement where SMSFs have a history of good record keeping and compliance, with the changes to start on 1 July 2019.The measure will apply to SMSF trustees with...
Software providers still ‘behind 8-ball’ on STP

Software providers still ‘behind 8-ball’ on STP

STP begins from 1 July 2018 for businesses with 20 or more employees with further expansion to include businesses with 19 or less employees from 1 July 2019.However, speaking to Public Accountant, All That Counts director Lielette Calleja had some concerns around...
Missing super payables costly at EOFY time

Missing super payables costly at EOFY time

The due date for super payments in Q4 of 2017-18 will be 28 July, and according to the ATO, if super payments have not been paid on time and to the correct fund, businesses may have to lodge a superannuation guarantee charge (SGC) statement and pay the SGC charge....