‘Reprehensible conduct’ – tax agent banned to protect the public
A Queensland tax agent has been stripped of her registration after committing a string of serious breaches against the...
READ MOREATO issues verdict on events-based reporting
The ATO has reached a final position on the events-based reporting framework for the SMSF sector, which affords a new and significant carve-out particularly when compared to APRA funds.
This decision references the new regime where SMSFs will be required to report those events which impact on a member’s transfer balance account on a real-time basis. You can read more about the history of the new framework here.
Read the full article on SMSF Adviser.
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Labour and skills crunch worsens
Australian business and industry associations said the lack of skilled workers is now having a dramatic impact on...
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Wage growth and payment times slow in Australian small businesses
Wage growth and payment times have slowed in May according to the Xero Small Business Index.
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