Technological revolution is fundamental for both the survival and growth of any organisation anywhere in the world today. Automation, technological learning, and artificial intelligence is becoming fundamental to the day-to-day operations of running a business. But not only has technology evolved, so has the role of the Chief Financial Officer (CFO) whose remit is now […] … Read More
For smaller tax practices, moving to the cloud is being driven by customer expectation not technology, as Senior Product Manager Richard Puffe explains. Puffe said while 80% of Australian accountants are using some elements of cloud software in tax preparation, that figure is closer to 25% for those using a full cloud-based tax management solution. […] … Read More
With the FBT season now in full swing, it’s vital for tax professionals and managers to have the latest information. FBT expert Stephen O’Flynn outlines five things you need to get right with your 2019 FBT returns. FBT rate updates While there have been no major changes to the FBT rules, the following rates have […] … Read More
Tax planning is becoming equally important as setting growth targets and profit forecasts. There is a simple reason for this, if you don’t plan your tax accurately, it could have a knock-on effect to everything else that you do. Furthermore, with increased regulation, both on a local and international front, it is imperative to be […] … Read More
Sophisticated business software is changing the landscape for Australian companies, as they realise the advantages it entails by eliminating a lot of manual processes, enabling businesses to have more time to focus on strategy. The reality is technology is changing the business landscape around the world and domestically. Australian companies will spend about $65 billion […] … Read More
The ATO has released details of its Action Differentiation Framework (ADF), which is its new strategic approach to engaging with large public and multinational businesses. The ATO says the Framework delivers a differentiated engagement experience based on its understanding of the complexity of the taxpayer’s affairs, informed by: size; transparency of its engagement with the […] … Read More
