Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
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The Tax Office is expecting due diligence from tax agents this tax time around certain problematic deduction areas as it seeks to tackle the $8.7 billion individuals tax gap.
Last year, the ATO released its first ever Individuals not in business tax gap report, revealing an $8.7 billion gap caused primarily by incorrect claims for deductions for work-related expenses and omitted income.
Read more at the Accountants Daily.