Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
READ MORETaxpayers still guilty until proven innocent: government
Small business and individual taxpayers hit with hefty tax bills that they want to dispute will continue to be held guilty until proven innocent, and the Australian Taxation Office won't have its appeals and compliance functions split under a separate commissioner, the federal government has said.
A parliamentary inquiry had pushed the government to radically overhaul current rules that give the ATO extraordinary powers to hunt down taxpayers, after hearing taxpayer complaints about heavy-handed and unfair treatment at the hands of "cowboy auditors".
Read the full story at The Sydney Morning Herald.
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