Proposed legislation tipped to drive compliance work

Draft legislation proposing the extension of the taxable payments reporting system and the removal of tax deductibility for certain payments has been introduced, creating more compliance work for accounting professionals.

by | Jul 25, 2018

Income tax cuts 'a far cry' from full reform, says IPA

The extension of the TPRS to the road freight, security, and information technology industries follows legislation to extend it to the courier and cleaning industries after TPRS was first applied to the building and construction industry in 2012.

Read the full article at AccountantsDaily.

More from Public Accountant

IPA National Congress hears ATO plan to shrink small business “tax gap”

IPA National Congress hears ATO plan to shrink small business “tax gap”

Ombudsman review targets ATO’s agent phone line failures

Ombudsman review targets ATO’s agent phone line failures

The WH Smith Error: how revenue recognition may have humbled an icon

The WH Smith Error: how revenue recognition may have humbled an icon

1 in 3 Australians in their late 60s are still working, new HILDA survey shows

1 in 3 Australians in their late 60s are still working, new HILDA survey shows

How to get control of your time

How to get control of your time

Embracing the AI frontier: Rethinking auditor skills and education

Embracing the AI frontier: Rethinking auditor skills and education

Share This