News
Insolvency regulator suspends ex-PPB partner’s trustee registration
A former PPB Advisory partner has had his trustee registration suspended for a period of three years, following the suspension of his liquidator registration over the sam...
JobSeeker set for permanent $50 increase
The unemployment benefit will rise by $50 a fortnight from 1 April, receiving its first federal boost since the mid-1980s.
...
Accountants foreshadow ATO compliance storm
Accountants are bracing for a full recommencement of ATO audit and debt activity as recent signs point towards a renewed approach to compliance-related work.
...
Treasury floats increase to charities’ financial reporting threshold
Close to 7,000 charities are set to see a reduction in accounting fees as the government looks to revise current financial reporting thresholds.
...
SMSF accounting and audit firms handed fresh resource on independence changes
Accounting firms waiting on ATO guidance around new SMSF auditor independence requirements have been handed an additional resource from a professional accounting body.
...
Businesses can’t force staff to be vaccinated: Fair Work
Employers will be unable to force staff to be vaccinated against COVID-19, as fresh guidance surfaces amid the rollout of Australia’s vaccination program.
...
‘3 strikes and you’re out’: ATO eyes 80,000 late SMSF returns
The ATO has launched a new compliance campaign aimed at driving the lodgement of SMSF annual returns as it chases 80,000 late returns.
...
Tax agent terminated after trying to bribe client to withdraw complaint
The Tax Practitioners Board has terminated the registration of a company tax agent after the agent attempted to financially influence a client to withdraw a complaint.
...
ATO sounds alert over new ‘alarming’ TFN scam
The Tax Office has issued a warning over a new tax file number scam that has seen nearly $120,000 being lost to fraudsters.
...
Xero hires former NAB, KPMG execs
Accounting software provider Xero has recruited two major bank veterans.
...
