Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
READ MOREAnti-phoenix GST liability measure 'onerous' on directors
The government’s proposal to make directors personally liable for GST debts of the companies they manage could help reduce phoenix activity but would be "very onerous" on directors according to a mid-tier accounting firm.
The government recently released a raft of reforms cracking down on illegal phoenixing activity for consultation, including making directors personally liable for GST debts of the companies they manage.
Read the full article on Accountants Daily.
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