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 ATO and the Tax Practitioners Board (TPB) have spruiked their commitment to investigating complaints against dodgy tax practitioners, as it looks to mitigate the backlash from the industry following the landmark individual tax gap report.
The ATO’s individuals not in business tax gap report released last month, revealed an $8.76-billion tax gap, with tax agents in the firing line as its random enquiry program showed tax agent-prepared returns requiring more adjustments compared with self-prepared returns.
Read the full article at Accountants Daily.