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

Phasing out of Special Purpose Financial Statement reports is in motion. How well is your business prepared for the new statutory reporting framework? … Read More

Globalisation and ever-changing regulations have put tax departments under pressure to do more reporting then ever, often with less resources, and old systems and processes. Cross-functional collaboration in an organisation is fundamental in meeting compliance requirements, but it also creates an ideal opportunity to adopt technology for the benefit of everyone. with this in mind, how can you build your case? … Read More

The “digital age”  has been one thrilling tech ride from innovation to innovation: PCs, the Internet, mobile devices, VR and AI. The speed of and depth with which these have transformed the way we live, and work is astounding. And yet, we still ask – what’s next? “The future is already here – it’s just […] … Read More

Australian companies facing their second year of reporting under new anti-tax avoidance laws are being warned to avoid inconsistencies with publicly available business information, reports the Australian Financial Review.  Obligations under the ATO’s base erosion and profit shifting action plan rules (BEPS) include local and country-by-country filing, with fines of up to $525,000 for anyone providing incorrect or […] … Read More

One of the most important aspects of running a business is reducing risk. This can be tackled in a multitude of ways but when it comes to tax compliance, there are simple steps you can take. For starters, any big businesses relying on Microsoft Excel spreadsheets to prepare your tax obligations either on a quarterly […] … Read More