Australia’s first bank, Westpac, is alleged to have contravened the Anti-Money Laundering Counter Terrorism Financing Act 2006 (Cth) (AML/CTF Act) on tens of millions of occasions.
Australia’s first bank, Westpac, is alleged to have contravened the Anti-Money Laundering Counter Terrorism Financing Act 2006 (Cth) (AML/CTF Act) on tens of millions of occasions. … Read More
Smart, cohesive technology has triggered an increase in ATO tax audits in the past 12 months. Organised and accurate documentation is key to being prepared should an audit be requested. … Read More
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
Client tax audits are costly in terms of stress, time, and money for all parties. Richard Puffe, Thomson Reuters Senior Product Manager, Tax & Accounting, ANZ, and fellow Product Manager Shane Paxton outline how to avoid them. Last year the Australian Tax Office (ATO) was clear as to what area it deemed ripe for a […] … 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
