Institute of Public Accountants

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Small businesses not ready at tax time and struggle with excessive legislation, accountants say

6:39PM | Wednesday, 26 June 2013 |  According to research by the Institute of Public Accountants (IPA) and accounting software firm MYOB, 98% say their clients were not fully prepared for when they submit their end of financial year statements.

Businesses with dodgy bookkeepers should be penalised, says IPA

1:45PM | Wednesday, 30 January 2013 |  Start-ups using dodgy bookkeepers to prepare GST returns would miss out on deductions under a proposal by the Institute of Public Accountants, which has released its pre-budget submission.

Tax watchdog calls for improvements to ATO’s audit processes

10:54PM | Friday, 5 October 2012 |  The tax watchdog wants the Tax Office to improve its audit processes, after the ATO wrongly investigated almost 6,000 small business owners as part of a crackdown on the cash economy.

Federal Budget 2012: Business groups welcome budget surplus but question long-term vision

5:44AM | Wednesday, 9 May 2012 |  Business and industry groups have welcomed the Federal Budget’s return to surplus but have questioned Treasurer Wayne Swan’s long-term vision for enterprise, with the decision to dump the promised company tax cut provoking ire.

Business groups outline wish lists for new minister Brendan O’Connor

3:09PM | Monday, 5 March 2012 |  Business groups have welcomed Brendan O’Connor’s appointment as Small Business Minister, but expect the former union official to quickly get to work on meaningful reforms in the sector, especially when it comes to cutting red tape.

Small business push for carbon price modelling

7:03PM | Friday, 15 July 2011 |  Industry groups are calling for greater clarity on carbon price policy, claiming the small business sector has been left in limbo with regard to how the tax will impact on bottom lines.

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