Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
READ MOREGovernment hints at tax cuts despite plunging tax revenue
The Morrison government has committed to lowering taxes and creating tax incentives to stimulate the economy despite taking a $96 billion hit to tax revenue, while COVID-19 spending balloons to $164 billion.
The coronavirus pandemic has now led to a steep decline in personal income tax, company tax and GST receipts, with the Treasury revising tax revenue down by $95.6 billion across 2019–20 and 2020–21.
Read more at Accountants Daily.
Previous
Lending to SMEs boosted by $2.2bn in June
Next
Online lenders warn SME loan scheme may miss the mark
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...
READ MORE
QANTAS pays women 37% less, Telstra and BHP 20%. Fifty years after...
Men continue to outstrip women in the salary stakes, with men’s median annual salary $11,542 greater than women’s,...
READ MORE