|
|
Your input - Federal Election 2022 The Advocacy & Policy team are looking for member views on the things that matter to you in the lead up to the Federal Election 2022. We are seeking your views on key policy initiatives for the Accounting profession and the public. More information here
Free CPD Event - Future of ESG Reporting with Global Heavyweights from Harvard Business School, Atlassian, PWC We are thrilled to invite you to an exciting discussion on the future of reporting with global heavyweights from Harvard Business School, Atlassian and PwC on Wednesday 1 June 2022 commencing at 10am AEST. More information here
Opportunity for free and fast skills assessment for migrants – from 28 February 2022 until June 2023 Do you have a partner, friend or family member in Australia who is looking to improve their chance of getting a job? They may be able to get a free and fast-tracked skills assessment if they are on a permanent family, partner, humanitarian or refugee visa and have experience in a priority occupation. More information here
IPA Register of Members The Register of Members lists is 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 |
|
|
|
|
|
|
|
|
|
ATO super guarantee non-compliance activities “partly effective” ANAO has released a report addressing super guarantee non-compliance which found that the ATO’s activities were only “partly effective”. More information here
Tax treatment of software as a service: ATO survey ATO is encouraging taxpayers to contact them to share their experiences about the increasing use of software as a service. More information here
ATO warning about fake TFN and ABN scams ATO has reported an increase in fake websites offering to provide TFNs and ABNs usually promoted on social media platforms. More information here
TPB registration renewal and ID verification TPB has issued a reminder for all registered individual tax practitioners that they must complete a one-off proof of identity process to secure their personal information. More information here
Labor announces multinational tax policy Labor has announced that, if elected, it will move to implement a multinational tax integrity package to close tax loopholes. More information here
Commonwealth Seniors Health Card: increase in income threshold Both Labor and the Coalition have announced that they will increase the income test threshold for the Commonwealth Seniors Health Card from 1 July 2022. More information here
Deeming rates to be frozen for two years Labor and the Coalition have announced that they will freeze the social security deeming rates for the next two years. More information here
Stolen generations payments in Vic: ATO factsheet ATO has published a factsheet on the tax treatment of lump sums paid by the Victorian Government under the Stolen Generations Reparations Package. More information here
CPI March 2022 quarter ABS has released the CPI index number of 123.9 for the March 2022 quarter, which is up from the December 2021 quarter. More information here
Anti-money laundering rules: online gambling The timeline for customer identification procedures for online gamblers has been reduced to three days. More information here
2022-23 Victorian State Budget handed down The Victorian State Budget for 2022-23 has been handed down, it contained no new tax-related measures. More information here
Appeals update: GST and casinos Taxpayers have applied for special leave to appeal to the High Court from the decision of the Full Federal Court which concerned commissions and rebates paid by casinos. More information here |
|
|
|
|
|
|
|
|
|
AUSTRAC guides to prevent abuse of digital currencies AUSTRAC has released two new financial crime guides to help businesses stop ransomware attack payments and the criminal abuse of digital currencies. More information here
Westpac ordered to pay penalty for ASIC compliance actions The Federal Court has ordered Westpac to pay $113m in penalties for compliance failures across multiple Westpac businesses. More information here
Court finds RI Advice failed to adequately manage cybersecurity risks In an Australian first, the Federal Court has found Australian Financial Services licensee, RI Advice, breached its license obligations to act efficiently and fairly when it failed to have adequate risk management systems to manage its cybersecurity risks. More information here |
|
|
|
|
|
|
|
|
|
ASIC action on member communications by super fund ASIC has reported that Maritime Super Pty Ltd has paid $26,640 to comply with two infringement notices issued by ASIC for allegedly misleading statements to members. More information here
APRA super reporting: tax rebates from insurance premiums APRA has published a new set of FAQs to provide further guidance to registrable super entity licensees on the reporting standards for Phase 1 of SDT project. More information here |
|
|
|
|
|
|
|
|
|
TPB: supporting privacy awareness week As a part of the privacy awareness week, the TPB has updated its worksheet designed to assist businesses implement a best practice approach to protecting personal information. More information here |
|
|
|
|
|
|