Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
READ MORE'Adverse' tax outcomes flagged with misconduct compensation
With financial institutions set to pay out millions in the wake of the royal commission, SMSF professionals have been warned to watch out for any negative tax consequences for clients receiving compensation, especially for SMSFs.
With the major banks and other large institutions forced to compensate customers for inappropriate fees or advice or other forms of misconduct recently brought to light by the royal commission, the ATO has highlighted some of the tax consequences from these compensation payments.
Read the full article at SMSF Adviser.
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...
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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,...
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