STP to create 10 times more compliance for small business

STP to create 10 times more compliance for small business

Speaking to Public Accountant, BookBoost founder, Don Grgic, said bookkeepers and BAS agents currently need a signature from a client five times a year to lodge compliance documents on their behalf – four BAS quarterly updates and a payment summary once at the end of...
Budget should prioritise ‘national interest’, says IPA

Budget should prioritise ‘national interest’, says IPA

Institute of Public Accountants chief executive, Andrew Conway, said that while budgets and budget replies are inherently political, there is too much at stake for political posturing.“We have very real and growing expenditure pressures on the budget brought about by...
ATO reaffirms car expense claims focus

ATO reaffirms car expense claims focus

Over 3.75 million people made a work-related car expense claim in 2016-17, totalling around $8.8 billion, the ATO said. Around 870,000 of those people claimed the maximum amount under the cents-per-kilometre method. ATO assistant commissioner Kath Anderson said that...
APESB director joins new complaints body

APESB director joins new complaints body

In naming APESB director Claire Mackay to the board, Minister for Revenue and Financial Services Kelly O’Dwyer referred to Ms Mackay as a highly regarded financial planner. Further, she said Ms Mackay will bring the perspective of small financial firms to the new...
ASIC disqualifies WA-based auditor

ASIC disqualifies WA-based auditor

Paul Tattersall of Western Australia had breached the auditor-independence requirements of APES 110 Code of Ethics for Professional Accountants in auditing his own fund and the fund of an immediate family member, ASIC said in a statement. Mr Tattersall also audited a...