If you are a director appointed under the Corporations Act 2001 on or before 31 October 2021, you must apply for a Director ID by 30 November 2022.
Read moreUsing On-demand Legal Documents: Aren’t They All The Same?
Not all trust, company and self-managed superannuation fund (SMSF) documents are identical. It is important to make sure that you use the correct documents for your legal situation, and ensure…
Read moreHow the ATO GST fraud crackdown can impact legitimate refund claims
The ATO has launched an investigation into large-scale GST fraud attempts, which is delaying legitimate refund claims and impacting business cashflow.
Read moreSection 100A: why so much attention?
One of the areas of particular interest to the ATO is s 100 of the ITAA 1936. This article looks at what s 100 is, why it has garnered significant attention in recent years, and respective guidance for tax advisors.
Read moreProfessional bodies respond to allocation of profits draft guidelines
The professional bodies have released their joint submission to the ATO’s Draft Practical Compliance Guideline PCG 2021/D2.
Read moreRegulation of Auditing: Senate Committee report tabled
The Parliamentary Joint Committee on Corporations and Financial Services has tabled its final report into the Regulation of Auditing in Australia.
Read moreOn-demand WEBINAR: Beyond the FinCEN files: Building a better framework for financial intelligence
Beyond the FinCEN files: Building a better framework for regulatory intelligence. Hear from global experts on the future agenda for AML/CTF compliance.
Read moreASIC Chair stands aside pending review into relocation expenses
ASIC Chair, James Shipton, has stood aside pending a review into relocation expenses, including for income tax advice paid for by ASIC.
Read moreNew corporate residency test: Board of Taxation releases report
The Board of Taxation released its report Review of Corporate Tax Residency on 6 October 2020. The report was completed in July 2020.
Read moreBudget: Super trustees – new best “financial” interests duty
The Government has announced that it will legislate to compel trustees of APRA-regulated superannuation funds to act in the best “financial” interests of their members.
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