Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
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The government is unlikely to confer new powers to the ATO to allow it to impose administrative penalties on tax practitioners after strong pushback from the professional accounting bodies.
The ATO-administered penalty regime was one of 28 recommendations contained in the independent review of the Tax Practitioners Board that was released late last year.
Read more at AccountantsDaily.