Tax & Accounting Blog

NEWS, TRENDS AND RESOURCES FOR
TAX AND ACCOUNTING PROFESSIONALS

Five things you need to get right this FBT season

February 22, 2019

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 […]

Five things you need to get right this FBT season

Five things you need to get right this FBT season

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

Why you need to get your tax plan right today

Why you need to get your tax plan right today

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

The right software equals value for data

The right software equals value for data

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

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