ATO getting tough on those who don’t respond
The Australian Taxation Office said it is instigating stronger action for people who have not met their tax...
READ MOREAccountants still underestimating licensing paperwork requirements
While licensed accountants are completing the fact-find or questioning process with clients in an effective and thorough manner, many still fail to record adequate notes of this information, according to an industry consultant.
Mayflower Consulting director Sarah Penn said the main compliance issue for licensed accountants continues to be substantiating the basis of their advice, and the ability to demonstrate they have all of the relevant information.
Read the full story at AccountantsDaily.
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EV tax cut will be made retrospective, says minister
Climate Change and Energy Minister, Chris Bowen, said when Parliament sits again at the end of July he is confident the...
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A record-breaking month for retail as inflationary pressures mount
Australian retail sales have set a new record for the third straight month with $34.2 billion spent in stores and...
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