SPONSORED CONTENT: When advising clients, accountants need to stay in their scope of engagement and their expertise. Take these steps to avoid breaking tax laws.
SPONSORED CONTENT: Tax agents safeguarding practices and customers from cyber scams will need ongoing awareness training. Here's how to get started.
The OECD/G20 inclusive framework has recently made progress towards addressing the tax challenges associated with digitalisation, with more than 130 jurisdictions committing to a joint solution on corporate taxes.
The Australian Government's National Tax Clinic program is meeting an urgent need in the community by providing assistance to those who are unable to engage the help of a tax agent or public practitioner.
ADVERTORIAL: Reviews or audits of an Australian client’s tax returns or financial compliance obligations is sometimes unavoidable. Here’s why.
New Zealand businesses can take advantage of tax pooling, a unique system reminiscent of the buy now, pay later service that's been bolstering retail sales.
SPONSORED CONTENT: Off the back of pandemic-induced currency volatility there has been a surge of interest in FX management tools. Find out how an OFX expert can help.
ADVERTORIAL: Despite the end of JobKeeper, the ATO is set to use its data matching technology to continue reviewing those who took benefitted from the scheme. See why.
With COVID-19 affecting global economies, and governments spending big, the issue of whether companies are paying their fair share of tax remains topical.
As Australia sinks into a deep post-pandemic recession, a number of academics and tax system experts are demanding tax reform be put at the top of the government's agenda.
Much of the world has experienced some sort of shutdown this year, with governments implementing financial support strategies to keep their economies from slipping into a recession amid the COVID-19 pandemic.
In the ever-evolving world of tax policy, a broad range of stakeholders regularly engage to resolve complex design and implementation changes across the tax system.
The coronavirus pandemic has increased the complexity of workplace laws. It gets more confusing if your business is based in multiple states.
After the most turbulent year in recent history, a bushfire crisis and COVID-19 have complicated tax claims this financial year. Accountants can expect the unexpected.
The changing requirements for reporting directors’ fees have intersected with COVID-19 economic stimulus measures, activity statement reporting and Services Australia increasing potential compliance risks. Several issues have arisen which demand attention.
COVID-19 economic stimulus measures provided many businesses with much-needed support. However, accountants may come across clients who have rearranged their affairs in concerning ways to get access to these measures. Here are options for CPAs who encounter these situations and the protections afforded by the tax whistleblower laws introduced last year.
From a client’s perspective, CPAs are the antidote to complex – and occasionally overwhelming – financial stress. This year, with the coronavirus pandemic and growing global uncertainty, the job is more difficult than ever. When it comes to severe stress, who helps the accountants?
COVID-19 has impacted upon the lives and businesses of all Australians. With tax time upon us, the ATO continues its focus on rental property and work-related deductions while taking a sympathetic approach to struggling taxpayers.
The end of the financial year is always a busy time for accountants, and for many, this year will be busier than ever. Here's how to tick all the right boxes with your clients.
As the ATO renews its focus on tax avoidance, section 100A, a 40-year-old provision in the Income Tax Assessment Act, is under review.