Tax & Accounting Blog

NEWS, TRENDS AND RESOURCES FOR
TAX AND ACCOUNTING PROFESSIONALS

Building a technology business case: strategies for tax managers

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?

Building a technology business case: strategies for tax managers

Building a technology business case: strategies for tax managers

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

Justified Trust: Has GST compliance taken us to the tipping point?

Justified Trust: Has GST compliance taken us to the tipping point?

GST Streamline Assurance reviews, the latest addition to the ATO’s whole-of-tax compliance framework, is placing a heavy burden on corporate tax teams. We look at some of the recent developments and how the industry can be better equipped to deal with this latest wave of compliance changes ahead of the Corporate Tax Association's GST & Indirect Tax Intensive in October. … Read More

Why tax compliance needs dedicated software

Why tax compliance needs dedicated software

Tax compliance in Australia is a complex business and can involve multiple departments across an organisation working together to fulfill any outstanding issues. This, however, is not always a simple or coherent task, as departments in big companies often hold onto data or don’t have the necessary resources to share efficiently or effectively to allow […] … Read More

Faithful to FOMO: The benefits of leaving your tech comfort zone

Faithful to FOMO: The benefits of leaving your tech comfort zone

After 10 years since Apple's release of the first iPhone, users are migrating to other brands. While Microsoft released MS Excel twenty years ago and it remains the solution of choice for many accountants. Why are we less comfortable with embracing new tech in our professional lives when we have an equal number of choices? … Read More

Local file, local flavour: Lessons from BEPs one year on

Local file, local flavour: Lessons from BEPs one year on

BEPs first anniversary is approaching. What can we learn from the unique challenges faced by multinationals operating in Australia? And what will Year 2 bring? Joanne Ting, CbC and Transfer Pricing technology specialist gives us a preview ahead of the upcoming webinar with BDO and The Tax Institute. … Read More

Beyond the bandwagon effect: Why a digital tax strategy is essential for Corporate Australia

Beyond the bandwagon effect: Why a digital tax strategy is essential for Corporate Australia

Adopting a digital tax strategy has gone from “bandwagon trendy” to a global business imperative. Thomson Reuters’ Product Manager, Ghaleon Ong, shares his take-aways from the recent CTA Convention on what it takes for Australian companies to devise and implement a well-defined digital tax roadmap. … Read More