TPB flags priority item for tax agents with ASIC
The Tax Practitioners Board (TPB) is seeking further clarification from ASIC about a section in the Corporations Act which puts accountants and licensed financial advisers on an “uneven playing field.”
There is a provision in the law which says if an accountant provides certain incidental financial advice as part of tax services, they don’t necessarily need to be licensed with ASIC, the TPB’s chair Ian Taylor explained to sister publication SMSF Adviser.
Read the full article on Accountants Daily.
300,000 SMEs utilising $20K write-off, says ATO
Pension crisis looming due to older worker discrimination, institute warns
