Mixed response to RBA rate rise
There has been a mixed response from employer and industry groups to the Reserve Bank’s rate rise yesterday.
READ MOREASIC extends relief for employee redundancy funds
The corporate watchdog has extended the relief for employee redundancy funds from the managed investment and associated provisions of the Corporations Act 2001 until 1 October 2024.
Employee redundancy funds pool contributions from employers for employee redundancy payments.
Read more at MyBusiness.
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Accountants to decline ‘capacity to repay’ requests
Several accountancy associations have advised members to decline requests to provide “capacity to repay”...
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Heavy cryptocurrency exposure to attract auditor scrutiny
SMSFs with a significant exposure to cyrptocurrency assets are likely to be viewed as high risk at audit time...
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