Deductions at risk, warns IPA

With this in mind, IPA chief executive officer Andrew Conway warned that while a reduction in personal income tax is an attractive proposition for most people, it will not compensate the majority for the loss in having the right to claim legitimate work-related...

PwC flags recession risk

In its 19th Annual Global CEO Survey, released earlier this month, PwC noted that the Australian economy continues to undergo significant adjustment following the end of the mining boom. Read the full story at Mortgage Business.

ATO offers disaster relief

Refunds will be fast-tracked for people affected and they will have additional time to lodge income tax returns and activity statements, the ATO said. For people within Wye River and Separation Creek, Victoria (postcode 3234), the ATO has automatically deferred the...

Conway to chair PAODC

The PAODC, a committee under the auspices of CAPA, has a mandate to promote and facilitate the establishment and strengthening of professional accountancy organisations in support of the public interest. IPA president Wendy Leegel said: “On behalf of the IPA Board of...

Evolving profession demands new skills, says PwC

David Wills, managing director of the firm’s Private Clients business, told Public Accountant that changes to the profession mean accountants “need to positively disrupt our workforce to remain competitive, innovative and relevant to our clients”.“We’re looking for...