Tag: Black Economy

Modern Tax Compliance Measures To Come

Blog
In announcing the government’s fourth Federal budget before elections likely to take place in May, Treasurer Josh Frydenberg has introduced new tax measures seemingly aimed at streamlining the tax return process and making it easier for taxpayers to meet their tax payment obligations. The budget indicates that as of 1…

Ransomware – Are you the Next Target?

Blog
In 2021, many Australians fell victim to ransomware attacks and the accounting industry was in the top three industry sectors to notify data breaches. The Office of the Australian Information Commissioner (OAIC) reported an increase of 24% in ransomware incidents from the previous six month reporting period.  Average ransom payments…