practice

Tread carefully when splitting income

  Now and then the ATO issues warnings on how its general anti-avoidance legislation can apply to professional firms that allocate profits to individual professional practitioners with proprietorship in the firm. Firms potentially affected include those providing services in the accounting, architectural, engineering, financial services, legal and medical professions. Professional firms can be structured in

[ Read More ]

Get ready to party for International Accounting Day

  It may not be widely recognised, but readers are probably aware that accountants know how to have fun. In fact, there’s even an “International Accounting Day” every year — and naturally it’s being held this year on the best day of the week, this coming Saturday. There is some variation on the dates on

[ Read More ]

Sourcing your CPD hours

Tax & Super Australia provides a comprehensive range of options to satisfy CPD requirements, with high quality learning and development events, while gaining valuable CPD credits. These are available to everyone, but members can take advantage of exclusive discounted rates. Sourcing your CPD hours All our CPD components help you keep abreast of technical and

[ Read More ]

Cloud computing, and navigating your business’s risk

Agreements between users of cloud computing services are as variable as the businesses involved, which has led the government to the realisation that the ongoing adoption of cloud-based business solutions has brought with it a need for a whole-of-government approach to the issues that can surface. The government’s Information Management Office (IMO) defines cloud computing

[ Read More ]