From hlb.com.au: Updates for the not-for-profit sector, including a new ATO checklist for governance, refreshed cyber security principles, and the consequences of underpaying wages.
Also ASIC’s focus areas for financial reports and ongoing concerns regarding compliance issues related to Hillsong charities.… read more
From www.bartier.com.au: The Anti-Money Laundering and Counter Terrorism Financing Act will be expanded from March 31, 2026, to include real estate professionals, dealers in precious metals and stones, and various professional service providers.… read more
From cpaaustralia.com.au: Highly competitive work environments can prompt unethical behaviour among employees striving for success.
Leaders should set realistic expectations and foster a positive organisational culture.… read more
From www.theguardian.com: (UK context) Prosecutions for aiding tax evasion in the UK have fallen by 75% over the past five years, with fewer than five criminal cases reported in 2023-2024, compared to 16 in 2018-2019.… read more
From Tax Office: With limited exceptions, from 1 April 2025 to 31 March 2027, foreign persons are banned from purchasing established dwellings in Australia.
This includes temporary residents purchasing an established dwelling for use as a principal place of residence.… read more
From www.bantacs.com.au: Victoria has implemented a vacancy tax on residential properties that have been uninhabitable for over six months, with varying tax rates based on the duration of vacancy.… read more
From www.icaew.com: Five key leadership lessons for fostering a growth mindset within an organisation.
These include embedding core values in business practices, putting growth goals into context for employees, admitting failures to encourage entrepreneurial spirit, ensuring alignment towards common goals, and embracing authenticity in leadership styles.… read more
From www.ibtimes.co.uk: Companies can choose between three development approaches for their software platforms: in-house development, outsourcing, and white-label solutions.
In-house development offers complete control and customisation but can be costly and time-consuming, while outsourcing provides access to expertise and faster implementation at potentially lower costs but limits control.… read more
From www.bleepingcomputer.com: Microsoft is testing a new tool called Quick Machine Recovery for Windows 11, aimed at remotely fixing boot crashes caused by faulty drivers or configurations.… read more
From pcllawyers.com.au: Implementing and maintaining workplace safety compliance is crucial for employers, as it protects employees, mitigates legal risks, and fosters a positive business reputation.… read more
From insightfulaccountant.com: (Podcast) Hector Garcia, CPA, discusses his transition from running an accounting firm to becoming a tech entrepreneur and thought leader in the profession in the Accounting Insiders Podcast.… read more
From www.theguardian.com: The Albanese government plans to ban non-compete clauses for most employees, affecting workers in various industries, including hairdressers and construction workers, to enhance job mobility.… read more
From gtlaw.com.au: Researchers explore AI’s mimicry of human behavior and its implications through various personality tests and cooperative game scenarios.
The study also delves into the impact of social desirability bias on AI responses, with insights from consultant Peter Waters on the continuous exploration in AI research.… read more
From apimagazine.com.au: In a pivotal year for property markets, each Australian state boasts top hotspots influenced by factors like economic growth, infrastructure development, and shifts in population and lifestyle preferences.… read more
From www.smsfadviser.com: SMSF members often believe they must inform the ATO of personal deductible contributions before lodging their tax returns, which is incorrect.
Personal contributions are non-concessional by default and only become concessional when the superannuation fund acknowledges a valid S.290-170 notice.… read more