Business Management Federal Budget for SMEs: Advising small businesses on skills, training and digital adoption incentives March 30, 2022 Tax and accounting professionals should observe the skills, training and digital adoption incentives announced in the Budget when advising their clients. Read more
Financial Reporting Are spreadsheets hindering your indirect tax processes? April 12, 2021 Spreadsheets have their place, there’s no doubt about that. But the way they’re being used in the indirect tax world right now is a cause for concern. Read more
ATO ATO data-matching for motor vehicle registrations February 5, 2021 The ATO has gazetted a Notice which will enable it to acquire motor vehicle registry data from State and Territory motor vehicle registry authorities for the period 2019-20 to 2021-22. Read more
Research and Commentary Super fund trustees must invest money in their member’s best financial interest November 24, 2020 Recent media reports suggest that the Retail Employees Super Trust (REST) reached an out of court settlement with a litigant who wanted to force the REST trustees to take climate change seriously. Read more
Practice and Advisory JobSeeker Supplement extended to March 2021 at reduced rate November 16, 2020 The Prime Minister has announced that the temporary Coronavirus Supplement will be extended until 31 March 2021, but the payment rate will be reduced from $250 to $150 per fortnight from 1 January 2021. Read more
Research and Commentary GST SARs: ATO’s new GST Governance, Data Testing and Transaction Testing Guide August 19, 2020 On 15 July 2020, the Australian Taxation Office (ATO) published the GST Governance, Data Testing and Transaction Testing Guide. Read more
Research and Commentary JobKeeper changes ahead: Bookkeepers in the eye of the COVID-19 storm July 15, 2020 “We’re breathing at the moment,” said Matthew Addison, Executive Chairman of the Institute of Certified Bookkeepers (ICB) of the lull before the next tax policy storm. Read more