This article has been provided by DBA Lawyers.
A new Federal Court case underscores the continuing relevance of pecuniary penalties under the civil penalties regime to the ATO’s enforcement toolkit.
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Investment Trusts Whitepaper
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Can AI really enhance customer service in Accounting and Financial Services?
August 6, 2021
There is so much noise around the benefits of AI, but what is it? Put simply Artificial intelligence (AI) involves using computers to do anything that traditionally requires human intelligence. So, why is it so important?
Class welcomes SMSF flexibility announced in Budget 2021
May 13, 2021
The Budget 2021 includes a number of positive measures specific to the wealth accounting sector that are to be welcomed, but the industry needs ongoing evolution through government, according to Class Limited CEO, Andrew Russell.
Changing accounting climate driving growth in trusts
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Self-managed super funds (SMSFs) have long played a pivotal role in the business models of key accounting firms. However, changes in superannuation policy around contribution caps and the introduction of the transfer balance cap have motivated accountants and advisers to provide investors with the next best alternative for tax effective wealth management.