Tax & Accounting Blog

NEWS, TRENDS AND RESOURCES FOR
TAX AND ACCOUNTING PROFESSIONALS

How confident are you in your corporate tax compliance process?

How confident are you in your corporate tax compliance process?

Manual processes and spreadsheets have served corporate tax teams well, but in today’s environment, accuracy and speed in tax calculating and reporting is no longer an aspiration, but a necessity. How confident are you in your tax system? Glenn Francis, Senior Customer Success Manager for ONESOURCE shares tips on how to tell if it's time for an upgrade. … Read More

Inside the Federal Budget 2018-19: Delivering a stronger economy

Inside the Federal Budget 2018-19: Delivering a stronger economy

Treasurer Scott Morrison has delivered the Federal Budget for 2018-19 and the Thomson Reuters Tax News Team has all the tax measures covered in our comprehensive Federal Budget Report. Here is a wrap-up of the highlights from Budget Night. … Read More

Are you tax-ready in 2018?

Are you tax-ready in 2018?

Did you know that most landlords can no longer claim a deduction for travel costs connected with an investment property? So that trip to the Gold Coast to inspect your rental unit is no longer deductible. There are also restrictions on claiming depreciation on second-hand assets used in a rental property. There are exceptions, in […] … Read More

Infographic: reach BEPS success

Infographic: reach BEPS success

A global Thomson Reuters survey has found low levels of confidence among tax executives about how prepared their systems and processes are for the new BEPS regime. With mistakes being costly, around $525,000 in fines costly, Australian businesses cannot risk a late lodgement to the ATO. Download the full infographic here and learn what best-practice BEPS […] … Read More