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Government to distance Tax Practitioners Board from ATO The Tax Practitioners Board is set to become independent of the ATO as the government agrees in principle to transition the regulator into a stand-alone agency. W...
Permanent disbarment, new ATO penalty regime recommended by TPB review Heavy sanctions, including permanent disbarment by the Tax Practitioners Board and a new ATO administrative penalty regime, have now been recommended by the much-anticipa...
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SMSF property spruiker sentenced to jail A former Queensland property developer has been sentenced to five years’ imprisonment after being found guilty of six counts of fraud involving SMSF funds. Writ...
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TPB highlights risky agent behaviour ahead of crackdown High-risk tax practitioners and unregistered agents will fall squarely in the Tax Practitioners Board’s sights over the next 12 months as it details behaviours that wil...
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Accountants see surge in ethics ranking Accountants continue to be rated as the most ethical professionals in the finance and banking sector as the profession sees a surge in ratings this year. Write co...
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$3m in wages: WA meat worker jailed over tax fraud A wildly ambitious attempt to fraudulently obtain tax refunds by claiming to earn more than $3 million in salary as a meat factory worker has landed a Perth man in jail f...
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Big four backs e-invoicing push PwC has thrown its support behind the adoption of e-invoicing technology, arguing that it will reduce the risk of fraud as invoicing scams abound. Write comment ...
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Barriers to tax and financial advice costing economy $630bn: CPA Australia The economy could be better off by over $630 billion each year if every Australian accessed professional taxation and financial advice, but regulatory red tape continues ...
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Government mulls mandatory e-invoicing adoption for all businesses e-invoicing could soon be mandatory for all businesses as the government ponders over the best way to roll out the new system. Write comment (9 Comments) ...
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Lessons from the GFC: RBA cautions against ‘removing stimulus too early’ The Reserve Bank has warned the government against reducing support for the economy too soon, with Australia’s recovery from its first economic downturn in nearly three...
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