ATO reveals ASIC outcomes for SMSF auditors in FY2020
ASIC imposed conditions on five SMSF auditors and disqualified another two during the 2019–20 fina...
Fair Work publishes JobKeeper legacy guidance for tax, BAS agents
Fair Work has now released guidance around the JobKeeper legacy employer 10 per cent decline in turn...
ATO flags potential changes to SAR following APESB guidance
In light of the APESB guidance on SMSF auditor independence, the ATO says it would like to change th...
Tax & Compliance
Alternative tests ‘still applies’ for JobKeeper extension
Alternative tests for the JobKeeper extension are set to remain largely the same as the...
ATO circles around 1,200 who utilised early release of super tax planning strategy
Around 1,200 individuals have been contacted by the ATO around a tax planning strategy ...
New JobKeeper 2.0 rule removes ‘smorgasbord’ of attribution options
The new rules regarding the basis of accounting that an entity is required to use in ca...
M&A
Andersen Global moves in on Australian market
International accounting association Andersen Global has initiated its expansion into t...
Accounting group enters Victorian market with latest acquisition
A Sydney financial services network has announced the acquisition of a Melbourne-based ...
Mid-tier announces Sydney acquisition
A mid-tier firm has announced the acquisition of a Sydney-based boutique practice as de...
Professional Development
‘We’re in the people business’: Accountants lead mental health charge
Mental health support for accounting professionals and their clients will be critical a...
TPB extends registration, CPE concessions
The Tax Practitioners Board has extended COVID-19 concessions for tax practitioners to ...
TPB sees pushback on academic plans
The Tax Practitioners Board has been told to put a hold on its plan to legislate curren...
Appointments
Former big four partner warns of incoming COVID-19 tax disputes
Businesses should brace for an increase in tax disputes, including JobKeeper-related issues, says a ...
SMSF
ATO confirms stance on reciprocal audit firm arrangements
The ATO has warned that where SMSF firms enter reciprocal auditing arrangements with other audit fir...
Business
5km rule clarified for Melbourne accountants, bookkeepers
Melbourne accountants and bookkeepers have been granted a small concession following ongoing lobbyin...
Technology
ATO legal database changes ‘holding very well’
The ATO’s recently implemented fix to its embattled legal database has now been bedded down and is...
