News
Xero adds new adviser matchmaking function
Accountants and bookkeepers on Xero will now have better access to small businesses based on their industry and business maturity, following a refinement to its adviser d...
ATO walks back on digital instalment notices change
The Tax Office has agreed to temporarily revert to issuing paper instalment notices for PAYG following feedback from the profession.
...
ACCC casts doubts over MYOB acquisition of GreatSoft
MYOB’s proposed acquisition of GreatSoft has hit a major hurdle as the competition watchdog reveals concerns that a deal may substantially reduce competition in the acc...
ASIC permanently bans former financial adviser
ASIC has permanently banned a former Sydney financial adviser following his involvement in 14 failed companies, including an SMSF firm.
...
ATO yet to analyse profit-making companies on JobKeeper
The Tax Office is unlikely to review companies who have gone on to post large profits and paid out executive bonuses while receiving JobKeeper, noting that it would not b...
A closer look at the small business restructuring reforms
There is plenty in the news about an upcoming wave (some still say avalanche) of insolvencies, especially once the federal government financial support mechanisms finish ...
Former accountant convicted of fraud appeals charges
A former accountant convicted of defrauding investors has managed to successfully appeal some of his charges.
...
Government issues alert as tax-scam calls spike
At least 200 scam calls impersonating the Tax Office were made this week, as scammers continue to demand money by threatening arrest.
...
Tax Office reveals early super fraud numbers
The ATO has released estimates around the rates of fraud through the early release of super scheme, while a taskforce has launched six operations into potential violation...
CPE hours poised to rise as TPB refines new standards
Tax agents will soon be required to complete at least 10 more hours of continuing professional education each year as the Tax Practitioners Board looks to revise current ...
