Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
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Federal Labor has been urged to come clean on its plan to introduce a $3,000 deduction cap for managing tax affairs, a week after it dumped plans to curb negative gearing and capital gains tax deductions.
The federal opposition first introduced the policy in 2017 after finding that 48 individuals earned more than $1 million but were able to reduce their taxable incomes below the tax-free threshold by claiming over $1 million in deductions for the cost of managing tax affairs
Read more at SMSF Adviser.