Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
READ MOREATO tipped to adopt ‘benign approach’ to PAYG instalment variations
The ATO is expected to adopt a “benign approach” to PAYG instalment variations in the wake of recent disasters, says one professional accounting body.
While accountants will be looking to help vary PAYG instalments to provide timely cash-flow benefits for their business clients in the wake of the Black Summer bushfires, floods and the COVID-19 outbreak, concerns have been raised about the ATO’s position on interest and penalties.
Read more at the Accountants Daily.
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