Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
READ MORE$135k in overinflated work-related deductions see agent terminated
Yvonne Anderson and Associates Pty Ltd, and its sole director and controlling mind, Yvonne Anderson, began being monitored by the ATO in 2018 after it was concerned that some of her clients had claimed work-related expense deductions which were unusually high.
The ATO’s subsequent audit of 25 income tax returns ultimately reduced the deductions by over $135,000 and resulted in penalties totalling $53,000 being imposed on some clients.
Read more at Accountants Daily.
Previous
TPB looks back on 2020, reveals 129% spike in terminations
Next
Payroll jobs decline across the country as JobKeeper cuts hit over-20s
Jim Chalmers warns budget revenue upgrades will be modest but flags...
Treasurer Jim Chalmers will say lower commodity prices and a softening labour market mean this year’s revenue upgrade...
READ MORE
QANTAS pays women 37% less, Telstra and BHP 20%. Fifty years after...
Men continue to outstrip women in the salary stakes, with men’s median annual salary $11,542 greater than women’s,...
READ MORE