Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
READ MORE40,000 SMSFs set for chopping block
Non-lodgement has become a “bad thing times 10” for the SMSF sector in the post-reform environment, with the ATO saying that about 40,000 funds are now at risk of being made non-compliant.
With the advent of changes including events-based reporting and the introduction of a transfer balance cap, on-time lodgement has become an even bigger priority issue for the tax office in regulating the SMSF sector. It is always high on the ATO’s watchlist, despite the sector being largely compliant.
Read the full article on SMSF Adviser.
Previous
'Flipside' of China opportunity a caution for Aussie accountants
Next
Small business confidence highest in almost a decade
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