July 1st Changes to Auditing Standards for SMSF’s
On July 1st 2021 the ATO will enforce compliance to the new requirements set out in the APES 110 Code of Ethics for Professional Accountants, this restructured code identifies risks from auditors performing in-house audits.
By Lisa Taylor on 25 Jun 2021
2021 Investment Opportunity in Australian Farming
Introducing a unique investment opportunity in sustainable farming horticulture, enabling year-round supply for Australian consumers to leafy greens and herbs. The company seeks to raise up to $2,000,000 with no minimum subscription amount for the Offer.
By Lisa Taylor on 31 Dec 2020
The Future of Jobkeeper
Between April to May 2020, JobKeeper was taken up by 920,000 organisations and around 3.5 million individuals – 30% of pre-Coronavirus private sector employment. On 21 July 2020, the Government announced an extension of the JobKeeper program to 28 March 2021 but with tighter access and reduced rates.
By Lisa Taylor on 27 Jul 2020
Covid-19 Fraud Warpath
We always knew that a Government scheme swiftly distributing cash during a crisis was going to come with equally swift compliance and review measures, particularly when eligibility was self-assessed. Two major Australian Taxation Office (ATO) initiatives are searching out fraud and schemes designed to take advantage of the Government’s Coronavirus Economic Response Package.