Accountants Daily Podcast Network

Today on the Accountants Daily podcast, Scott Treatt of the Tax Institute says the ATO's debt book is ballooning and funding to address the problem needs to put on a proper footing. An additional $650 million in the recent budget for the Tax Avoidance Taskforce highlights how effective it has been, he says, but creates issues of its own. "If I look at it from a policy perspective, it is temporary...

Budget incentives for small businesses to spend on technology and training need to be legislated by the next government so that the scheme can get properly underway. On this special Accountants Daily podcast, Tony Greco, general manager of technical policy at the IPA, says the 120 per cent deductions for investments in skills and digital uptake have stalled on the starting line due to insufficient...

In the wake of Russian-linked cyber attacks on Ukraine, Prime Minister Scott Morrison and the Australian Cyber Security Centre (ACSC) have issued a warning to Australian organisations that malicious activity may have local ramifications. In this special episode, hear from Major General (Ret'd) Marcus Thompson, former head of the Department of Defence's Information Warfare Division, as he and host...

In this exclusive interview with shadow financial services minister and shadow assistant treasurer, Stephen Jones MP, join Momentum Media's editor of mortgages Annie Kane as she speaks to the member for Whitlam about the valuable role that financial advisers and brokers play in supporting Australian borrowers and what the Australian Labor Party would offer the financial services, credit and supera...

With WFH becoming increasingly mainstream, many are wondering whether a return to the office full-time will be a thing of the past. On this special episode, Fionn Bowd, chief executive of Bowd Legal, takes listeners through why she thinks Australia is entering a "golden age" for offices. Ms Bowd unpacks the avenues that employers can explore in enticing staff into spaces that are tailored to perso...

Following the introduction of the SuperStream measures on 1 October 2021, release authorities and rollovers to and from SMSFs are now required to comply with new data and payment standards. On this special episode, hear from Matt Crofts, head of the Simple Fund 360 product at BGL on the opportunities practitioners have to help clients manage the knock-on effect. Also hear from Matt on what challen...

As Australia's borders continue to reopen, so do a number of tax implications. In this episode of Accountants Daily Insider, Daniel Sparks, partner at Pitcher Partners Sydney joins host Emma Ryan to discuss what Australians need to be wary of when returning home from overseas. Daniel provides a comprehensive checklist of factors they should consider prior to making the move, and gives an overview...

SMSF auditors and accountants have been hit by the "perfect storm" with changes in ATO requirements, new legislation, fee pressures etc, driving significant sector change. In this special episode of the Accountants Daily Insider, Aquila Super partner and SMSF expert for litigious matters, Chris Levy unpacks some of the main developments and what they mean for the industry, both now and in the futu...

The Australian Tax Office has confirmed it has extended the work-from-home shortcut method. But what else is on the horizon? In this episode of Accountants Daily Insider, Michael Croker, tax leader at Chartered Accountants Australia and New Zealand joins host Emma Ryan to dissect recent moves made by the ATO and how these changes will reshape conversations with clients moving forward. Michael give...

For those in tax law, the modern market is providing ample opportunity to better support Australian businesses and see them flourish. In this episode of Accountants Daily Insider, hear from ABA Legal Group director Andrew Antonopoulos and associate director Toni Eisenhut on their perspective surrounding the top tax matters they're seeing come to light. The lawyers dissect looming legislation and r...

The ATO's frosty relationship with the tax profession has been well documented in recent years, but change is underway as the Tax Office commits to support and engage more closely with practitioners. ATO assistant commissioner Sylvia Gallagher joins Accountants Daily editor Jotham Lian in a frank discussion about recent friction between the ATO and the tax profession and how it was never meant to...

The start date for Single Touch Payroll Phase 2 is fast approaching, but with everything going on around us at the moment, the ATO has decided to provide a short blanket deferral for all employers. In this episode of Accountants Daily Insider, we partner with Intuit QuickBooks to hear from Lielette Calleja, who sits on the ATO' STP Phase 2 advisory board, to hear about this latest concession and w...

With litigation involving death benefits in SMSFs on the rise, the time is ripe to evaluate your plans and ensure that chances of a dispute occurring down the track are minimised. In this week's episode of the SMSF Adviser Show, Cooper Grace Ward partner Clinton Jackson gives hosts Aaron Dunn and Jotham Lian a preview of his upcoming session on succession planning and estate disputes at the SMSF A...

Welcome the first edition of the Cyber Security Uncut podcast with our hosts Major General (Ret'd) Marcus Thompson, former head of the Department of Defence's Information Warfare Division, and Phil Tarrant, director — defence and security at Momentum Media. The Cyber Security Uncut podcast is a fortnightly podcast unpacking Australia's innovative and vibrant cyber security sector, from the latest...

This year's R U OK? Day serves as an important reminder to open up the conversation on mental health, both in the workplace and at home, according to David Coleman, member for Banks and Assistant Minister to the Prime Minister for Mental Health and Suicide Prevention.   In this special episode, join Momentum Media director Alex Whitlock as he speaks to Mr Coleman.   Together, the pair discuss the...

Treasurer Josh Frydenberg this week announced a reduction in ASIC levies for financial advisers, taking fees back to 2018-19 levels. But how did we get to this stage where levies have been constantly rising year-on-year? In this episode of Accountants Daily Insider, the Institute of Public Accountants group executive of advocacy and policy, Vicki Stylianou, joins host Jotham Lian to provide contex...

Tax & Super Australia tax counsel John Jeffreys joins host Jotham Lian in this episode of Accountants Daily Insider to take a closer look at why accountants are doing it tougher this year. With state and territory governments rolling out new business support measures each time a lockdown is announced, John explores how accountants can be better supported as they are constantly relied on to help th...

The ATO's position on non-arm's length expenditure incurred under a non-arm's length arrangement has now been finalised, but its interpretation has drawn concerns from all corners of the industry. On this episode of Accountants Daily Insider, DBA Lawyers director Daniel Butler joins host Jotham Lian and Aaron Dunn to take a closer look at the ATO's recently released LCR 2021/2. Daniel considers th...

Accountants and bookkeepers were an invaluable resource for business clients amid the COVID-19 crisis last year, and the profession has again been called to the frontlines as the country continues to battle through lockdown restrictions. In this episode of Accountants Daily Insider, Intuit QuickBooks head of advisor strategy Meagan Wood and Oyster Hub co-founder Adarsh Dutt take a closer look at a...

Tyler Wise, founder and director of Wise Accounting, was first exposed to the brutality of cyber attacks when his firm experienced a malicious phishing attack. He now uses that experience to help other accountants better protect themselves, their firm, and their clients. In this episode of Accountants Daily Insider, Tyler previews his upcoming session at CPA Australia's Public Practice Virtual Con...

The new financial year has just begun, but the road ahead is already looking busy for the SMSF industry. In this episode of the SMSF Adviser Show, hosts Aaron Dunn and Jotham Lian are joined by SMSF Association deputy CEO Peter Burgess as they take a closer look at the next 12 months in the industry. Peter talks about key agenda items for the SMSF Association, including federal budget measures tha...

Australian Accounting Awards 2021 Thought Leader of the Year Rebecca Mihalic has had her fair share of challenges as a female in the profession. But she hasn't let that slow her down and has instead harnessed her experience to shine a spotlight on a range of gender-equality issues to help pave a better way for the next generation. The businessDEPOT director, founding partner of Aptus Accounting &...

The ATO's debt book has swollen to $34 billion, with COVID-19 exacerbating an issue that has been growing over the years. But who is contributing to this growth, and is the ATO being used as an unofficial bank? In this episode of Accountants Daily Insider, the Inspector-General of Taxation, Karen Payne, joins host Jotham Lian to discuss her agency's latest report on undisputed tax debts in Austral...

Straight out of winning the Accountants Daily Excellence Award at the Australian Accounting Awards 2021, Aly Garrett joins host Jotham Lian to relive a night which saw over 400 practitioners coming together to celebrate a momentous year for the profession. Aly, founder of All In Advisory, shares the secrets to her success, and why she thinks the accounting profession is so much better off because...

  With 30 June fast approaching, we take a closer look at recent developments that could come into play in the new financial year and what they mean for SMSFs. Host Aaron Dunn discusses the Treasury's long-awaited exposure draft documents on ECPI measures, as well as two bills set to be debated in the Senate this week — the six-member SMSF bill and the bring-forward rule bill for 65 and 66-year-ol...