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IPA Register of Members The Register of Members lists the Member Register of the Institute of Public Accountants. The board of directors extend their congratulations to all new members and those who have advanced in status. View the Register of Members here
Update your email preferences Based on the results of our satisfaction survey last year, we have changed the way we send you emails. You can now select which CPD topics and member offers you are interested in. More information here |
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JobKeeper disclosure by listed entities: ASIC ASIC has issued a notice and guidance to help listed entities comply with their new obligation to disclose to the market information about JobKeeper payments. More information here
Parliamentary report into ATO administration House of Reps Standing Committee on Tax and Revenue has released a report on ATO administration with wide-ranging recommendations. More information here
ATO transformation program In a recent address, Tax Commissioner Jordan provided an update on the ATO’s transformation program. More information here
No 7 Bill before Senate Bill to remove the $250 threshold for self-education expenses and other changes has been passed by the House of Reps. More information here
Senate committee recommends CGT changes to crypto Senate Select Committee has recommended changes to the rules around CGT for cryptocurrency and digital assets. More information here
Senate committee report: tax changes mooted on bond market Senate Standing Committee on Tax and revenue has released a report which recommends lowering the minimum investment parcel for corporate bonds. More information here
WFH deductions: shortcut method ATO has once again extended the application of the shortcut method to claim work from home deductions from 30 June 2021 to 30 June 2022. More information here
GST analytical tool ATO has published examples as to how its GST Analytical Tool (GAT) will be used in the Tax Assurance Report for various taxpayers. More information here
Decision Impact Statement: property development and GST ATO has issued a Decision Impact Statement on a case which involved GST amounts and property development. More information here |
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Better Financial Advice Bill receives Assent Bill to implement recommendations of the Banking Royal Commission and the Tax Practitioners Board (TPB) review has received Royal Assent. More information here
Financial Accountability Regime Bill introduced Bill to implement the financial accountability regime and compensation scheme of last resort has been introduced in the House of Reps. More information here
Financial advice white paper calls for reform Financial Services Council has released a white paper on financial advice calling for reforms to reduce the cost of financial advice and unnecessary regulation. More information here
AFCA appointments of new Senior Ombudsmen AFCA has created the new role of Senior Ombudsman and announced seven appointments in various areas. More information here
APRA remuneration prudential standard finalised APRA has finalised its guidance to assist banks, insurers and super licensees to comply with the new remuneration prudential standard. More information here |
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Super and other measures Bill introduced Bill to make various changes to super including the work test, super guarantee threshold, and first home saver scheme has been introduced in the House of Reps. More information here
Super guarantee and stapled funds: ATO ATO has registered two instruments in relation to the single default account regime and additional choice of super fund requirements. More information here
Super choice of fund: ASIC guidance ASIC has released guidance for employers and trustees in relation to law reform impacting the super choice of fund regime. More information here
Super choice sector: APRA information paper APRA has published an information paper on the performance of choice super products which highlighted underperformance in the sector. More information here
Super fund governance: APRA review findings APRA has published an information paper on the findings from its recent super fund reviews highlighting how trustees can improve their governance. More information here
ASIC identifies conflicts with super fund executives ASIC has raised concerns about potential conflicts of interest involving personal investment switching by directors and senior executives of super trustees. More information here
Super fund outcomes assessments: APRA guidance APRA has published new guidance for super funds on the outcomes assessment requirements under the SIS Act. More information here
Insurance within super: APRA guidance APRA has updated its FAQs on members not required to elect insurance within super and the continuation of that insurance. More information here
Sustainability challenges for super industry: APRA speech In a recent speech, APRA Executive Board Member has outlined issues and challenges for APRA-regulated super funds. More information here |
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ATO 2020-21 annual report released ATO has released its 2020-21 annual report including information on net tax collections, JobKeeper overpayments, and the tax gap. More information here
TPB 2020-21 annual report released TPB has released its 2020-21 annual report highlighting some of its communication successes. More information here
Board of Taxation part-time members appointed Government has announced the appointment of two part-time members for a three-year period. More information here |
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