The ATO has made no secret of its “Less Paper” push. At ATO SmartDocs we have been part of the ATO API working group for over 12 months and things are moving very quickly. What is the ATO API? The ATO API allows third party developers who have ATO Digital Service...
Financial Services
Financial advice including wealth creation, insurance and lending services
Innovative Australian tech firm show no signs of slowing when it comes to helping accountants work smarter
by Stan Corner | Mar 8, 2021 | Business Services, Featured Articles, Financial Services
ATOmate announces latest integration partnership with global document management platform iManage Australian-based software automation platform ATOmate has announced their latest integration partner, joining forces with iManage to help streamline the ATO document...
In Search of Melissa Caddick and the Missing Money
by Bruce Gleeson | Mar 7, 2021 | Client Management, Featured Articles, Financial Services
On 15th December 2020 Daniel Soire and myself were appointed Provisional Liquidators of Maliver Pty Ltd and Receivers to the property of Melissa Caddick by the Federal Court of Australia pursuant to an application by ASIC. The Caddick case continues to attract...
R&D Shouldn’t Be In The “Too Hard” Basket!
by Dale Crosby | Mar 5, 2021 | Business Services, Client Management, Featured Articles, Financial Services
Some of the red-tape binding together the federal government’s Research and Development Tax Incentive (RDTI) scheme is enough to make your head spin. As a concept, these tax incentives are great; no one’s disputing that. However, while the RDTI can make the costs of...
Allocation of professional firm profits — draft ATO guidance now available
by TaxBanter | Mar 4, 2021 | Business Services, Client Management, Featured Articles, Financial Services
The ATO has released long-awaited draft guidance on its proposed compliance approach to the allocation of professional firm profits. The preliminary guidance is contained in the draft Practical Compliance Guideline PCG 2021/D2 (the draft Guideline). The ATO has also...
ATO Revs Up As JobKeeper Set To End In March 2021
by Roman Kaczynski | Mar 1, 2021 | Business Services, Client Management, Featured Articles, Financial Services
Although 2020 saw a temporary lull in the ATO and State Revenue Office’s usual activity level due to the COVID-19 pandemic, 2021 is already set to be as busy as ever when it comes to audits and reviews initiated by government revenue authorities. Accounting...
To Outsource or Not to Outsource
by Boobalan MAdhavan | Feb 23, 2021 | Business Services, Client Management, Featured Articles, Financial Services
Performance, efficiency and productivity take the spotlight of any open thought or brainstorming session in pursuit of growth. Especially so during times faced with challenges from new and unfamiliar effects (yes, like the boring grim pandemic we can’t wait to get it...