Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
READ MORELandlords struggle under 'inappropriate effect' of property tax changes
The new housing affordability reforms have drawn criticism from a mid-tier firm, which has found the new limits on deductions and pre-settlement compliance requisites are impacting clients who maintain their investment properties effectively.
Earlier this month, the government secured passage of the Treasury Laws Amendment (Housing Tax Integrity) Bill 2017, implementing a residential property vacancy tax, no tax deductions for travel expenses associated with residential property investments, and restriction of deductions for depreciation of items in residential rental properties.
Read the full story at Accountants Daily.
Previous
Tax expert predicts compliance crackdown in 2018
Next
Digital services: Accountants now help business clients mix and match software
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