Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
READ MOREATO called on to change 'grossly inefficient' TBAR declarations
The ATO is being called on to replace the cumbersome declarations process for a TBAR (transfer balance account report), as it similarly has with Single Touch Payroll (STP) reporting.
The declarations section of a TBAR require the entity lodging the report to obtain a declaration from the trustees, confirming that the tax agent is authorised to report the information provided.
Read the full article at SMSF Adviser.
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