ATO getting tough on those who don’t respond
The Australian Taxation Office said it is instigating stronger action for people who have not met their tax...
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One training provider has tipped that ASIC will eventually take an “all or nothing” approach to licensing, saying the current system “shackles” accountants.
Speaking to SMSF Adviser, the chief executive of Adelaide-based firm Finance Wise, James Barger-Bos, said the licensing system “shackles accountants and is inefficient for the client”.
Read the full story at SMSF Adviser.