IFAC accelerates engagement on anti-corruption and anti-money...
As evolving threats such as climate change, artificial intelligence, and geopolitical conflicts put increasing...
READ MOREFresh LRBA concerns surfacing for ATO
Ahead of the 30 June deadline, the ATO is “very concerned” that SMSF trustees are not meeting or aware of certain conditions that would qualify their related-party loan as being on commercial terms, according to one industry lawyer.
In late 2014, the ATO released two interpretative decisions which indicate that borrowings on non-commercial terms can cause non-arm’s length income.
Read the full story at SMSF Adviser.
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Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
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Jim Chalmers warns budget revenue upgrades will be modest but flags...
Treasurer Jim Chalmers will say lower commodity prices and a softening labour market mean this year’s revenue upgrade...
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