It’s that time of year again. Where did the past 11.5 months go? Yes, it’s the end of financial year (EOFY). Again. The Institute of Public Accountants (IPA) and MYOB surveyed their members, who are some of Australia’s leading EOFY experts, to discover the biggest mistakes the businesses make at this time of year. The…
The Institute of Public Accountants has called for a review of tax rules that effectively treat employee share options as income and tax them accordingly in the year it is acquired, rather than on disposal. Such a regime drives innovation offshore, the group claims.
Many businesses have no idea that using an unregistered practitioner could be to their own peril and may result in hefty penalties. TASA is here to protect the public from risks associated with dealing with unqualified or unskilled BAS providers.
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