The headlines about urea (nitrogen) shortages have been free-flowing in recent weeks and months, elevating concern among farmers about of a lack of availability of urea fertiliser next season.

As any accountant with SMSF clients knows, the laws around compliance are complex, and it can be easy for trustees to inadvertently breach the rules. That’s where the relationship between an accounting firm and its SMSF auditor can make a valuable difference.

The first paper in this series considered the range of individuals who may be entitled to receive a superannuation death benefit. This paper, the second of two parts, considers those who would be classified as superannuation dependants under taxation law.

It’s important to understand the range of individuals who may be entitled to receive a superannuation death benefit. This article, the first of two parts, considers those who would be classified as dependents under superannuation law.

When structuring your own accounting firm, the idea of a partnership splitting should always be in the front of your mind when you are going into business with one or more partners.

Every accountant knows that reviews or audits of your client’s tax returns or financial compliance obligations can sometimes be unavoidable. When an audit hits, it is often due to a specific crackdown by the Australian Taxation Office (ATO) or other State & Federal government revenue authorities.

Tips to help you reduce audit queries across the board, which in turn will create greater efficiencies internally and improve turnaround times with your clients.

Cyber protection insurance is a relatively new form of cover. It’s designed to help protect your business from the financial impact of computer hacking or a data breach.

Making the initial decision to grow your farming business is probably the easiest part of the journey – implementing a strategy that is right for your operation can be more challenging.

In the emerging ‘new normal’ post Covid-19 pandemic corporate and employer branding is set to become one of the most critical investments for accounting firms, or indeed any business, to attract and retain clients and customers. This short article offers a series of questions to prompt you to consider how you could evolve your corporate and employer branding and build brand strength in the ‘new...