Wages growth worst in a century
Real wages have continued to collapse with the latest data confirming Australia has suffered the worst real wage...READ MORE
A discrepancy in ASIC’s treatment of licensed and unlicensed accountants in relation to the tax advice exemption instrument is driving accountants away from obtaining an AFSL, says an industry lawyer.
Earlier this year, the regulator amended the ASIC Corporations (Recognised Accountants: Exempt Services) Instrument 2016/1151 to allow full AFSLs to provide exempt tax advice in relation to products not covered by their licence.
Read the full article on SMSF Adviser.