Take heart: 78% of Aussies love their accountant

A new survey from online services marketplace ServiceSeeking.com.au, released just in time for the 2016 tax season, shows that nearly 80% of Australian taxpayers outsource their tax return. The data also revealed that 51% are happy with the amount of tax they pay and the cheapest month for your clients to have their return completed

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Taxpayers Australia becomes Tax & Super Australia

Keeping up with the rapidly changing tax and super landscape To reflect our changing focus over time, Taxpayers Australia Ltd is now Tax & Super Australia. We are more dedicated than ever in our efforts to support and empower tax and super professionals. After an extensive re-branding exercise, we’ve developed a new visual identity. The

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Small business to get a break on SuperStream deadline

With the June 30 SuperStream adoption deadline upon us, the ATO has announced that any small business that has had trouble doing so will be given consideration. While around 450,000 small businesses have implemented the required changes, according to deputy commissioner James O’Halloran, he says it has become apparent that some small businesses may need

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Tax Time 2016: The ATO releases more essential materials

The ATO has released the following Tax Time 2016 essential materials. More will be added as they are available. 2016 standard distribution statement: guidance notes for fund managers Standard distribution statement for use by managed funds to report tax information to resident individual investors for the 2016 income tax year. Includes guidance notes and sample

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Survey reveals huge surge in number and value of frauds

The latest in a series of six-monthly reports from KPMG has revealed a huge jump in the occurrence and financial value of frauds. Its “Fraud Barometer” showed that over the six month period to March this year, 116 frauds were committed, with a value of $381.1 million (that is, an average of $3.3 million per

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