Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
READ MORETax residency rules set for overhaul to attract talent
Individual tax residency rules and the tax treatment of employee share schemes are set for an overhaul as the government looks to attract talent to Australia in the wake of the pandemic.
As part of Tuesday’s federal budget, the government has announced that it will move to act on a 2019 Board of Taxation recommendation to replace the current individual tax residency rules with a simple 183 days bright line test-- where an individual who spends 183 days or more in Australia is regarded as a tax resident.
Read more at the Accountants Daily.
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