Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
READ MOREFederal Court rules on personal services income cases
Personal services income rules have been thrust into the spotlight recently, with the Federal Court handing down a favourable and unfavourable decision to the commissioner this week.
In Fortunatow v Commissioner of Taxation [2019] FCA 1247, the Federal Court allowed for the taxpayer’s appeal, setting aside the Administrative Appeals Tribunal’s (AAT) earlier decision that the taxpayer did not pass the “unrelated clients test”.
Read more at the Accountants Daily.
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SME directors ‘may be personally exposed’
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