Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
READ MOREScrap tax returns and save on accounting fees, says think tank
Australia should introduce an opt-in standardised $3,000 deduction covering work-related expenses and other personal deductions to simplify the tax system and save Australians money on accountants, says one think tank.
The Blueprint Institute on Tuesday released a report titled Bye–Bye Tax Returns which proposes the federal government introduce a $3,000 standardised deduction to help taxpayers avoid the paperwork and costs associated with preparing and submitting tax returns.
Read more at the Accountants Daily.
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