Simplifying reporting for smaller NFPs
From www.accountantsdaily.com.au: The joint accounting bodies, CA ANZ and CPA Australia, are advocating for legislative amendments to clarify which smaller not-for-profits can utilise a … read more
ASIC shuts down 130 investment scam websites per week
From asic.gov.au: ASIC has shut down over 10,000 investment scam websites and online advertisements, averaging 130 removals per week since establishing its capability in … read more
The Asia Pacific digital indirect taxation story 2024
From www.pwc.com.au: The publication details the evolving GST/VAT rules across 15 Asia Pacific countries as digital services and eCommerce continue to reshape indirect tax … read more
Bega Valley pioneering circular economy
From publicaccountant.com.au: Bega Valley Shire is pioneering a circular economy by uniting businesses, community members, and academics to design out waste and enhance sustainability, … read more
SMSF carbon credits challenges
From www.smsfadviser.com: SMSFs with primary production land may face significant challenges when participating in carbon credit projects.
The decision to engage in such projects … read more
Turn financial data into a stakeholder story
From cpaaustralia.com.au: Accountants must learn to transform complex financial data into engaging narratives by understanding their audience and providing clear context, insights, and recommendations. … read more
UNCITRAL Model Law continues to be adopted
From hallandwilcox.com.au: Malaysia has announced plans to adopt the UNCITRAL Model Law on Cross-Border Insolvency, joining 63 other jurisdictions that have implemented similar legislation. … read more
Longo bluntly restates crypto concerns
From financialnewswire.com.au: Joe Longo, chair of ASIC, reaffirmed his stance on cryptocurrencies during a Senate Estimates hearing, claiming that they are highly speculative and … read more
‘Hiring is back on’ for UK consulting
From www.ft.com: (UK context) After two years of budget cuts and layoffs, UK consulting firms are experiencing a resurgence in hiring, primarily driven by … read more
Should accountants be inspired by Musk’s chainsaw?
From www.accountingweb.co.uk: Elon Musk’s recent management strategies, including asking employees for their major achievements and potentially firing those who don’t respond, have prompted discussions … read more
Tax Depreciation Advantages of Investing in SDA Housing
From www.yourinvestmentpropertymag.com.au: Investing in Specialist Disability Accommodation housing offers property investors a unique opportunity for high returns, government-backed income, and long tenancy periods while … read more
TR 2013/5 relief not a free-kick
From smsmagazine.com.au: The ATO will not review past breaches of amended minimum pension payment rules for SMSFs, which should not be interpreted as leniency … read more
Deal Pulse: Queensland M&A 2025
From www.pitcher.com.au: Queensland’s M&A activity rebounded in 2024, resulting in a total of 272 deals, a 9% increase compared to the previous year.
The … read more
Cap breach can improve tax components
From smsmagazine.com.au: SMSF members may benefit from an unexpected improvement in their taxable components when they accidentally exceed their non-concessional contribution cap and later … read more
What does annuity mean for you?
From retirementessentials.com.au: Annuities provide guaranteed lifetime income for retirees but have low uptake in Australia, with only 3.5% of pension assets in annuities compared … read more