Victorian accountant jailed for tax fraud
A Melbourne accountant has been sentenced to three years’ jail for tax fraud after he submitted false BAS forms for financial gain.
Govt’s make belated promise on NALI super issue
Just weeks out from the Federal Election the Government has promised to move on the ATO’s problematic ruling on non-arm’s length income in super funds
ATO cracks down on trust distributions
The ATO has narrowed its views on family trust distribution situations where non-recipients will benefit or save tax in new draft rulings.
500 tax practitioners investigated, 100 deregistered
The Tax Practitioners Board has confirmed 100 tax practitioners were deregistered last year.
ASIC will treat accountants providing unlicensed financial advice just like anyone else providing unlicensed advice.
The FPA has mounted a strong defence of against the removal of professional associations registrations of tax advisers.
Countplus acquires Accurium
Countplus is expanding its reach into the SMSF and accounting arena via the acquisition of Accurium.
HUB24 transaction signals ongoing industry consolidation
The HUB24 acquisition of Class Super is indicative of further industry consolidation.
Financial advisers drowning in costly regulation, now super funds
First it was financial advisers, now the Government wants to impose more costly regulation – this time on superannuation funds.
Do you trust your tax accountant?
A new study conducted by accounting groups claims tax accountants are trusted more than most.
