Tax & Accounting Blog

NEWS, TRENDS AND RESOURCES FOR
TAX AND ACCOUNTING PROFESSIONALS

New ATO strategic approach to engagement with large companies and MNEs

December 10, 2018

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 […]

New ATO strategic approach to engagement with large companies and MNEs

New ATO strategic approach to engagement with large companies and MNEs

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

How to Define, Defend and Build Consensus for an Automation Project

How to Define, Defend and Build Consensus for an Automation Project

David Allen, Thomson Reuters Sales Director, Asia and emerging markets talks about building the right conditions for tax automation This article first appeared at Charted Accountants ANZ on the 5th November 2018. The growing focus on transparency means companies in Australia will spend more than A$40 billion a year combined on tax compliance reporting. This […] … Read More

How finance teams can argue for a technology upgrade

How finance teams can argue for a technology upgrade

This article first appeared in INTHEBLACK on the 6th November 2018. Too expensive, when will you find time to do it and how do our clients benefit anyway? These are typical rejections to requests from finance teams wanting to upgrade their technology, delegates to the World Congress of Accountants (WCOA) heard on November 5. How […] … Read More

How to adapt your business to the digital era

How to adapt your business to the digital era

Corporate tax is a complex issue for most companies which for a long time hasn’t been at the forefront of thinking. But as more markets open up due to advances in ecommerce, the need for dedicated tax software to help make real-time tax decisions is more vital than ever. So where does tax sit, particularly […] … Read More

How to improve performance and deliver value through tax

How to improve performance and deliver value through tax

The difficulty of tax reporting is only increasing with more demands than ever being made by the Australian Taxation Office. So using the right software can not only give you a distinct advantage, but a must. There are many challenges ahead in the world of taxation for companies in Australia and around the world. The […] … Read More

Anti-phoenixing: Company directors to face greater responsibilities with proposed “director identification number”

Anti-phoenixing: Company directors to face greater responsibilities with proposed “director identification number”

A company director's responsibilities could soon increase with a government proposal to introduce a “director identification number” (DIN), a unique identifier for each person who consents to being a director. What does this mean for you and your clients? … Read More