Podcasts about jotham lian

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 be an “us versus them” situation. Sylvia also explores the variety of ATO support available to practitioners suffering from increased workloads brought on by the pandemic, and explains how her team will strive to find a solution for struggling practitioners as long as they reach out for help. She also touches on some upcoming items on the ATO's agenda, including Single Touch Payroll Phase 2, and the new director identification number regime.

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 Adviser Technical Strategy Day. Clinton discusses growing dispute trends, safeguards to avoid estate disputes, and what he thinks of 6-member SMSFs and the opportunities and issues it brings to the table.

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 Adviser Technical Strategy Day. Clinton discusses growing dispute trends, safeguards to avoid estate disputes, and what he thinks of 6-member SMSFs and the opportunities and issues it brings to the table.

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 context around ASIC's industry funding model and what it was meant to achieve. Vicki explores how fees have risen dramatically over the years for financial advisers, registered liquidators, and auditors, and delivers a compelling argument on why the government should initiate a blanket freeze for all practitioners. She also discusses the upcoming review of ASIC's industry funding model and what she hopes will come from it.

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 their clients during this difficult time. John also looks at how the ATO can play a bigger role in supporting the profession, and why the 85 per cent lodgement benchmark needs to be re-looked at as stress levels rise.

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 SMSF Adviser Show, 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 the expectation gap between the ATO and the industry, key concerns that have arisen, and what the future might look.

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 the expectation gap between the ATO and the industry, key concerns that have arisen, and what the future might look.

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 that will see close consultation with the Treasury, as well as key issues that advisers should keep an eye out for in the immediate future. Peter also previews an upcoming project with the University of Adelaide on the investment performance of the sector, and a new project to help make it easier for people to get out of an SMSF when it is no longer suitable for them.  

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 that will see close consultation with the Treasury, as well as key issues that advisers should keep an eye out for in the immediate future. Peter also previews an upcoming project with the University of Adelaide on the investment performance of the sector, and a new project to help make it easier for people to get out of an SMSF when it is no longer suitable for them.

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 & Advisory, and head of accounting at Practice Ignition also shares her passion for raising awareness on mental health issues, and her focus on cash flow protection for accountants and their firms. Rebecca also gives host Jotham Lian some of her predictions for the financial year ahead as Australia continues to battle through COVID-19 lockdowns.

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 Australia. Karen reveals which industry accounts for the highest levels of debt, the breakdown of taxpayer groups responsible for the growing debt, and how a majority of collectable debts are owed by just a minority. Follow along with the conversation by accessing the IGTO's summary slides. You can also access the full final report here.

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 of the community spirit it fosters rather than a competitive one. The Partner of the Year (Boutique Firm) also explains why communication is such a vital leadership tool and shares what every budding accountant should do to position themselves for success.

Dry tax training sessions that go on for hours on end tend to be a feature of the profession, but does it always have to be this way? Joyce Ong, founder of Tax Nuggets Academy, joins host Jotham Lian in this episode of Accountants Daily Insider to explain why she left a lucrative career in the profession to change the way we approach tax training. Named as one of the top 20 future leaders to watch by Chartered Accountants Australia and New Zealand, Joyce explains how she combines her creative flair with her technical expertise to create short and engaging videos — or “lollipops for your brain with hidden veggies”, as she terms it. Joyce also gives her honest and unbridled take on the current tax training landscape and shares what it's like to step out as a business owner for the first time.

In this week’s special budget round-up, hosts Aaron Dunn and Jotham Lian take a closer look at all the measures affecting superannuation and SMSFs that are set to kick in from 1 July 2022. The pair discuss the abolition of the work test for personal contributions, changes to legacy income streams, the relaxation of SMSF residency rules, new super measures addressing housing affordability, and the scrapping of the $450 superannuation threshold. Aaron explains how these measures will affect SMSF practitioners and their clients, and also shares what he had hoped to see in the budget this year.

In this week's special budget round-up, hosts Aaron Dunn and Jotham Lian take a closer look at all the measures affecting superannuation and SMSFs that are set to kick in from 1 July 2022. The pair discuss the abolition of the work test for personal contributions, changes to legacy income streams, the relaxation of SMSF residency rules, new super measures addressing housing affordability, and the scrapping of the $450 superannuation threshold. Aaron explains how these measures will affect SMSF practitioners and their clients, and also shares what he had hoped to see in the budget this year.

It’s a big spending budget with an even bigger net debt approaching $1 trillion. But what does it all mean for the profession, and how will it impact your clients? The Institute of Public Accountants’ general manager of technical policy, Tony Greco, joins host Jotham Lian in this week’s episode of Accountants Daily Insider to unpack all the big-ticket measures from this year’s budget that will have an impact on practitioners and their clients. Tony shares his initial reaction to the budget, tackling everything from tax cuts to superannuation, while taking a closer look at some glaring omissions that continue to haunt the profession.

Kristine Woods has spent over 33 years fighting seven chronic autoimmune diseases, had to deal with blindness in her right eye, and now has a permanent port implanted in her chest after her veins failed in 2017. Despite these challenges, she has refused to let them limit her, and has now gone on to set up her own successful bookkeeping firm, The Accounts Ladies. In this episode of Accountants Daily Insider, Kristine tells host Jotham Lian how she balances her life as a mother, a business owner and a BAS agent, all while having to deal with different treatments and setbacks. Kristine shares her advice on how to deal with adversity, and how she is determined to continue achieving new goals and giving back to the community.

Proposed changes on how ECPI is to be determined within an SMSF are scheduled to start on 1 July, but with draft legislation yet to surface, what's next for this ongoing issue? In this week's episode of The SMSF Adviser Show, Accurium general manager Doug McBirnie and head of education Mark Ellem join hosts Aaron Dunn and Jotham Lian to take a deep dive into the proposed changes. Mark talks about the current state of play and whether we could see another deferral in the 11 May federal budget, while Doug shares some insights into Accurium's latest survey which sought practitioners' views about the proposed changes.

It’s been over a year since we first entered lockdown, yet accountants are still reeling from the additional workload heaped upon the profession. In this episode of Accountants Daily Insider, businessDEPOT founder and managing director John Knight joins host Jotham Lian to look at the ongoing issues facing the profession, including staff burnout, talent shortage and impending deadlines. John also shares some tips to improve firm culture after a year of working from home and his advice to fellow practitioners as they head into the busy tax season.

It's been three years since the government first announced a measure to increase the number of members allowed in an SMSF from four to six, and with the next quarter fast approaching, it is increasingly unlikely that we'll see it implemented in time for 1 July. In this episode of the The SMSF Adviser Show, hosts Aaron Dunn and Jotham Lian are joined by SuperGuardian education manager Tim Miller to take a closer look at the six-member SMSF bill. Tim gives a brief history of the measure, its tenuous links with craft beer, the positive strategies and negative impacts once it's implemented, and more.

Chartered Accountants Australia and New Zealand superannuation leader Tony Negline takes a closer look at the ATO’s recent announcement on non-arm’s length income and what it means for practitioners and trustees. Tony tells hosts Aaron Dunn and Jotham Lian how the ATO’s draft law companion ruling means that if an SMSF’s affairs are not structured correctly, then, even for a minor expenditure, all the income of the super fund — ordinary and statutory income — could face income tax at the highest marginal tax rate. He also shares his concerns with the legislation underpinning NALI and what he is ideally hoping for ahead of the ATO’s finalised law companion ruling.

Chartered Accountants Australia and New Zealand superannuation leader Tony Negline takes a closer look at the ATO's recent announcement on non-arm's length income and what it means for practitioners and trustees. Tony tells hosts Aaron Dunn and Jotham Lian how the ATO's draft law companion ruling means that if an SMSF's affairs are not structured correctly, then, even for a minor expenditure, all the income of the super fund — ordinary and statutory income — could face income tax at the highest marginal tax rate. He also shares his concerns with the legislation underpinning NALI and what he is ideally hoping for ahead of the ATO's finalised law companion ruling.

Former ATO assistant commissioner Colin Walker joins us in this episode of Accountants Daily Insider to provide a closer look at the inner workings of the Tax Office and how its “us versus them” approach has changed over the years. Colin tells host Jotham Lian how he’s transitioned from 45 years in the public service into a new role at the Institute of Certified Bookkeepers and what he intends to achieve in his new position. He also explores what the future of the profession will look like, talks about what he thinks of the accountant and bookkeeper relationship, and shares some advice for up-and-coming talents joining the profession today.

The rollout of Single Touch Payroll seems like just yesterday, but we now have the second phase lurking on the horizon. In this episode of Accountants Daily Insider, host Jotham Lian is joined by the Institute of Certified Bookkeepers executive director, Matthew Addison, to explore everything related to STP Phase 2 to help prepare practitioners and their clients for the 1 January 2022 deadline. Matthew goes over why the change is happening, what advisers need to be doing now and key dates to remember. He also discusses the upcoming end of STP concessions for micro-employers and closely held payees, and explores the government’s mandate for e-invoicing.

SMSF Association deputy chief executive Peter Burgess dives into the recently concluded national conference to explore key themes and emerging trends from the virtual, two-day event. Peter joins hosts Aaron Dunn and Jotham Lian to take a closer look at what the ATO will be focusing on in the SMSF sector this year, including its approach to new auditor independence guidelines and a new late lodgement compliance program. He also reveals key attendee insights, his favourite session of the conference and his hopes for the national conference next year.

While many in the profession are looking at 2021 as a year of consolidation, others, like Andrew Van De Beek, are jumping straight in and seizing opportunities as they come. In this episode of Accountants Daily Insider, host Jotham Lian is joined by Illumin8 founder Andrew Van De Beek to explore why and how he has grown his firm from a team of 10 to 17 in just a few short months. Andrew also discusses his firm’s recent acquisition of a warehouse, and a new partnership with e-commerce co-working and warehousing provider CLIK Collective. The pair also explore what constitutes a great team culture and what practice owners can do to make sure they are keeping their staff motivated and involved with the firm’s vision.  

A turbulent year has seen the profession grow closer than ever, with accountants and bookkeepers tipped to continue to tap on collaborative opportunities over the next 12 months. All That Counts founder and director Lielette Calleja joins host Jotham Lian in this episode of Accountants Daily Insider to talk about why the profession should continue to build on professional relationships developed through the pandemic and lean on their networks. Lielette also chats about her recent appointment as Chief Accounting Technician at the Association of Accounting Technicians, and what she thinks practitioners will need to upskill on over the coming year.

It’s been a turbulent year for the accounting profession and it has been no different in the accounting M&A space. But the phones are back ringing and deals are being actively discussed. Magnus Yoshikawa, director at Jadeja Partners, joins host Jotham Lian in this week’s episode to take a look at the accounting M&A market over the past 12 months. Magnus looks at how COVID-19 has shifted trends in the market over the past few months, examines whether we’re in a buyer’s or seller’s market, and gives his best tips to practice owners looking to enter the market.

Tax Practitioners Board member Debra Anderson joins host Jotham Lian in this first episode for 2021 to take a closer look at the year that’s been and what’s in store for the next 12 months. Debra speaks candidly about the toll of a whirlwind 2020, how she’s been stretched ethically and morally in dealing with her clients, and why she thinks accounting practitioners will continue to be kept busy throughout the new year. She also touches on some key changes that have been proposed by the independent review of the TPB and how they might affect practitioners in the coming months.

2020 will certainly go down in the history books as one of the toughest years faced by the accounting profession. But now that the year is up, what will 2021 hold for practitioners? In this final episode of Accountants Daily Insider for 2020, host Jotham Lian is joined by The Tax Institute’s senior advocate, Robyn Jacobson, to take stock of the incredible year that has passed, and to shine a light on what’s to come in the new year. Robyn reviews the wide range of tax measures introduced this year, and explores a number of outstanding issues that the profession will have to contend with over the next 12 months. She also looks at the implications of a number of completed and ongoing reviews, and explains why the profession will need to embrace tax reform in the coming year.

A new report by CPA Australia has found that the economy could be better off by $630 billion if properly implemented professional advice was available to all Australians. In this episode of Accountants Daily Insider, CPA Australia head of public practice and SME Keddie Waller joins host Jotham Lian to explore the new Value of Advice report and why we need to rethink the way professional advice is regulated and move towards a client-centric model. Keddie looks at the benefits of obtaining advice, what’s holding back consumers and businesses from accessing such advice, and why we need a more accessible and affordable advice framework.

With the Accountants Daily 30 Under 30 Awards being delivered as a live broadcast on Thursday, 3 December at 7:30pm AEDT, we are bringing you a series of podcasts showcasing the finalists across a multitude of categories. In this episode, Accountants Daily editor Jotham Lian is joined by Jane Betschel, head of marketing and digital sales at MYOB, principal partner of the awards, and two finalists who share how they are feeling about having gained recognition as part of the upcoming awards.

With the Accountants Daily 30 Under 30 Awards being delivered as a live broadcast on Thursday, 3 December at 7:30pm AEDT, we are bringing you a series of podcasts showcasing the finalists across a multitude of categories. In this episode, Accountants Daily editor Jotham Lian is joined by Caroline Wright, head of product at MYOB, principal partner of the awards, and two finalists who share how they are feeling about having gained recognition as part of the upcoming awards.

With the Accountants Daily 30 Under 30 Awards being delivered as a live broadcast on Thursday, 3 December at 7:30pm AEDT, we are bringing you a series of podcasts showcasing the finalists across a multitude of categories. In this episode, Accountants Daily editor Jotham Lian is joined by Ingrid Cronin-Knight, head of accountant management and acquisition at MYOB, principal partner of the awards, and two finalists who share how they are feeling about having gained recognition as part of the upcoming awards.

MYOB chief executive Greg Ellis joins host Jotham Lian to look back over 2020 and examine some of the trends that the accounting software provider has seen through the pandemic. Greg also reveals what MYOB is looking to pursue in the new year, and shares how it has been like to steer MYOB through the crisis in his first year at the helm. Greg also discusses the upcoming Accountants Daily 30 Under 30 Awards and why it’s so important to recognise and celebrate the work and achievements of upcoming accounting professionals.

Around 5,000 accountants are set to benefit from mental health first aid training following an investment of $2.24 million from the government. The Institute of Public Accountants chief executive Andrew Conway joins host Jotham Lian to unpack what the project will look like over the next two years, what accountants can expect from the training, and why such training is so important for practitioners on the frontline. Andrew also reflects on the year that has passed, shares how proud he is of the profession, and offers some predictions for the year ahead.

The ATO has released its tax gap estimates for all 15 income and transactional-based taxes for the first time ever, believing $31.2 billion went missing in 2017–18. Last month, MyBusiness sister brand Accountants Daily host Jotham Lian was joined by Tax & Super Australia tax counsel John Jeffreys to unpack the different tax gaps, including the small business tax gap, which remains the largest gap by dollar value and percentage figure. John also dissects the ATO's sample of agent-prepared returns requiring more adjustments than self-prepared returns and gives his take on how to reduce the tax gap.

The ATO has released its tax gap estimates for all 15 income and transactional-based taxes for the first time ever, believing $31.2 billion went missing in 2017-18. Tax & Super Australia tax counsel John Jeffreys joins host Jotham Lian to unpack the different tax gaps, including the small business tax gap, which remains the largest gap by dollar value and percentage figure. John also dissects the ATO’s sample of agent-prepared returns requiring more adjustments than self-prepared returns and gives his take on how to reduce the tax gap.

The federal budget contained a range of tax measures aimed at incentivising businesses and individuals to spend and invest to kickstart the economy. Five of those tax measures have now been rolled into a single piece of legislation, which passed both houses of Parliament on Friday. On this episode of Accountants Daily Insider, The Tax Institute’s senior advocate, Robyn Jacobson, joins host Jotham Lian to go through the finer details of each measure contained in the omnibus tax bill. Robyn looks at the personal income tax cuts, the temporary loss carry-back, expanded access to small business tax concessions, the turbocharged instant asset write-off, and the R&D tax incentive changes.

The JobKeeper program switches over on 28 September and with it a number of high-level changes that practitioners and their clients will have to wrap their heads around. On this episode of Accountants Daily Insider, the Institute of Public Accountants general manager of technical policy Tony Greco joins host Jotham Lian to discuss the new decline in actual GST turnover test, the two-tiered payment rate, and other key details. Tony also runs through some crucial action points for practitioners to work through with their clients over the coming days and weeks.

In this week’s episode of Accountants Daily Insider, Xero’s chief product officer Anna Curzon joins host Jotham Lian to explore the impact of COVID-19 on their accounting and bookkeeping community. Anna also runs through the latest findings of Xero’s small business insights special report and walks through what Xero is doing this year in place of its annual Xerocon.

For many of us, it seems like an eternity since restrictions were first imposed in March. Every aspect of life has been impacted in one way or another, including the way we do business. In this episode of Accountants Daily Insider, Smithink director David Smith joins host Jotham Lian to look at the way the health pandemic has impacted accountants all across the country, while giving a sneak peak into his upcoming session at the Accountants Daily Strategy Week. David shares some key learning points that we should takeaway from the crisis and the changes that have been forced onto many accounting practices, including how the age-old excuse of ‘my clients want it that way’ no longer stands.

In the build up to the Accountants Daily Strategy Week, we shine a spotlight on one of our upcoming speakers. Business Automation Works chief executive Stan Corner joins host Jotham Lian in this week’s episode of Accountants Daily Insider to give a sneak peek into his upcoming session at the Accountants Daily Strategy Week. Stan shares how the idea behind ATOmate was formed, how COVID-19 has changed the way firms view client engagement, and where he sees the profession headed to in the future.

It's been five months since the government's JobKeeper scheme was rolled out to help support businesses through the financial difficulties brought on by the pandemic, and changes are still being announced. RSM associate director, Tracey Dunn, joins host Jotham Lian in this episode of Accountants Daily Insider to discuss all the changes and tweaks to the scheme that have been announced so far, and how practitioners can keep their business clients informed in this turbulent time. Tracey explains the 1 July employment date change, how it applies under the "one in, all in"; principle, the key proposals from the JobKeeper 2.0 announcements, and why the lack of legislative instrument or ATO guidance around the new changes is problematic.

With stage 4 restrictions now imposed in Melbourne, many accounting and bookkeeping practices are now required to close their onsite workplaces and work from home. In this episode of Accountants Daily Insider, Andrew Van De Beek joins host Jotham Lian to discuss how the new restrictions have impacted his Mount Eliza based firm Illumin8, what the sentiment among his business clients is like at the moment, and how he's keeping his team motivated and connected while working remotely. Andrew explains how the regulations have changed the way his team engages with their clients, details the initiatives they've put into place to address these issues, and shares some advice for other firms that are looking to embrace technology and digitise their processes.

The ATO has claimed a 12 per cent increase in tax returns lodged in the first two weeks of July compared with the same time last year, but practitioners aren't convinced they are seeing the same spike in their business this tax time. H&R Block director of tax communications Mark Chapman joins host Jotham Lian in this episode of Accountants Daily Insider to discuss the ATO's recent decision to stop breaking down the lodgement split between tax agents and myTax, and what he hopes for the future of myTax to provide a level playing field with agents. Mark reflects on how tax time 2020 has been so far, the changes he's noticed in his clients' claims, and his words of advice to other practitioners dealing with tax time this year.

With a whole range of legislative changes and so many Australians under financial stress as a result of COVID-19, this year's tax time is sure to bring its own set of challenges for practitioners. In this week's episode of Accountants Daily Insider, host Jotham Lian is joined by the managing partner at Pitt Martin Accountants & Tax Advisers and this year's Australian Accounting Awards Accounting Consultant of the Year, Teddy Kosasih, to talk about the common issues he's witnessing with regard to tax time 2020. Teddy explains why many people are lodging their tax early this year, outlines how practitioners can best support struggling business clients, and shares some tips on managing client expectations.

The Inspector-General of Taxation and Taxation Ombudsman (IGTO) provides an important, free service to assist taxpayers with complaints and concerns around the ATO and the TPB. In this special episode of the MyBusiness Podcast, the editor of Accountants Daily, Jotham Lian, is joined by the Inspector-General of Taxation, Karen Payne, to outline the role of her office in the broader tax system, new stats around taxation complaints over the last few months, and the process of escalating tax administration concerns. Karen explains why she endorses the simplification of the taxation of deceased estates, the key recommendations out of the Senate Economics Legislation Committee's inquiry, and the IGTO's plans for the coming financial year.

The Inspector-General of Taxation and Taxation Ombudsman (IGTO) provides an important, free service to assist taxpayers with complaints and concerns around the ATO and the TPB. In this episode of Accountants Daily Insider, host Jotham Lian is joined by the Inspector-General of Taxation, Karen Payne, to outline the role of her office in the broader tax system, new stats around taxation complaints over the last few months, and the process of escalating tax administration concerns. Karen explains why she endorses the simplification of the taxation of deceased estates, the key recommendations out of the Senate Economics Legislation Committee's inquiry, and the IGTO's plans for the coming financial year.

Amid what has been a turbulent end of financial year, it is likely for many advisers and clients that the introduction of the Director Identification Number regime may have gone unnoticed. In this episode of Accountants Daily Insider, host Jotham Lian is joined by Jamie Towers, tax partner at Mazars, to deep-dive into what the passing of this law will mean for directors over the coming months and years, and the penalties involved for those who do not embrace the new system. Jamie will explain why ASIC has chosen not to rely solely on tax file numbers, unpack your responsibilities as an adviser amid the changes, and share the practices and strategies that they are adopting at Mazars.

The National Tax Clinic program is a federal government funded initiative that helps financially vulnerable small businesses and individuals to navigate the tax system. On this episode of Accountants Daily Insider, the founding director of UNSW's Tax Clinic, Dr Ann Kayis-Kumar, joins host Jotham Lian to discuss how the program works, which demographics are eligible for this service, and how the pandemic has impacted the community she works with. Ann explains how the clinic finds its clients, the types of services offered by the clinic, and the benefits of increasing pro-bono services for the tax profession at large.

With the first-ever Accountants Daily Australian Accounting Awards happening as a live broadcast hosted by Vince Sorrenti on Friday, 19 June at 7pm AEST, we are bringing you a series of podcasts showcasing the finalists across a multitude of categories. In this episode, Accountants Daily editor Jotham Lian is joined by Paul Glossop, CEO of Standard Integrated Lending, Gold Partner of the awards, and two finalists who share how they are feeling about having gained recognition as part of the upcoming awards.

With the first-ever Accountants Daily Australian Accounting Awards happening as a live broadcast hosted by Vince Sorrenti on Friday, 19 June at 7pm AEST, we are bringing you a series of podcasts showcasing the finalists across a multitude of categories. In this episode, Accountants Daily editor Jotham Lian is joined by Terry Rodoni from at Cerebiz, Platinum Partner of the awards, and two finalists who share how they are feeling about having gained recognition as part of the upcoming awards.

With the first-ever Accountants Daily Australian Accounting Awards happening as a live broadcast hosted by Vince Sorrenti on Friday, 19 June at 7pm AEST, we are bringing you a series of podcasts showcasing the finalists across a multitude of categories. In this episode, Accountants Daily editor Jotham Lian is joined by Peter Vroom from Cerebiz, Platinum Partner of the awards, and two finalists who share how they are feeling about having gained recognition as part of the upcoming awards.

The halfway mark of the government's COVID-19 stimulus measures is approaching and the conversation is beginning to shift towards how businesses can best position themselves to recover from the current crisis. In this episode of Accountants Daily Insider, host Jotham Lian is joined by the managing director of businessDEPOT, John Knight, to talk about how his firm's virtual Rebound event came about and the key themes that have been discussed in these webinars. John reveals the number one priority for businesses to be working on right now, discusses how the potential changes to the JobKeeper program will affect small businesses, and shares his advice to fellow colleagues in the industry as we head into tax time 2020.

With the first-ever Accountants Daily Australian Accounting Awards happening as a live broadcast hosted by Vince Sorrenti on Friday, 19 June at 7pm AEST, we are bringing you a series of podcasts showcasing the finalists across a multitude of categories. In this episode, Accountants Daily editor Jotham Lian is joined by Malika Siyali, market development and agile lead at Thomson Reuters, Gold Partner of the awards, and two finalists who share how they are feeling about having gained recognition as part of the upcoming awards.

In this episode of Accountants Daily Insider, host Jotham Lian is joined by Matthew Addison, executive chair of the Institute of Certified Bookkeepers, to break down the latest developments on the JobKeeper front. Matthew explains some of the complications that have arisen around meeting JobKeeper deadlines, a new concession regarding enrolments for the months ahead, and an amendment that ensures employers are not subject to additional superannuation guarantee obligations by participating in the scheme. Matthew also shares his insight into concerns around cash-flow boost payments, the implications of Single Touch Payroll on this year's tax lodgements, and his tips for practitioners on getting through the coming weeks.

With the first-ever Accountants Daily Australian Accounting live broadcast Awards 2020, hosted by Vince Sorrenti on Friday June 19 7pm AEST, we are bringing you a series of podcasts showcasing the finalists across a multitude of categories. In this episode, Accountants Daily editor Jotham Lian is joined by Luis Sanchez, general manager of Receipt Bank, Gold Partner of the awards, and two finalists who share how they are feeling about having gained recognition as part of the upcoming awards.

With the first-ever Accountants Daily Australian Accounting live broadcast Awards 2020, hosted by Vince Sorrenti on Friday June 19 7pm AEST, we are bringing you a series of podcasts showcasing the finalists across a multitude of categories. In this episode Accountants Daily editor Jotham Lian is joined by Andrew Conway, CEO of the Institute of Public Accountants, Gold Partner of the awards, and two finalists who share how they are feeling having gained recognition as part of the upcoming awards.

With the first-ever Accountants Daily Australian Accounting live broadcast Awards 2020, hosted by Vince Sorrenti on Friday June 19 7pm AEST, we are bringing you a series of podcasts showcasing the finalists across a multitude of categories. In this episode Accountants Daily editor Jotham Lian is joined by Roman Kaczynski, director of Accountancy Insurance, Gold Partner of the awards, and two finalists who share how they are feeling having gained recognition as part of the upcoming awards.

With pandemic-triggered JobKeeper enrolments and cash-flow boost lodgements beginning to ease, practitioners are starting to turn their attention towards tax time 2020. The general manager of partner experience at Xero, Amanda Newton, joins host Jotham Lian on this episode of Accountants Daily Insider to share her insights into the challenges she foresees for accountants in the lead-up to the EOFY and some practical tips for practitioners in balancing their workloads come tax time. Amanda also reflects on the extraordinary resilience of the profession over the last few months, the sorts of concerns raised by accountants throughout the coronavirus crisis, and the post-pandemic outlook for the accounting sector.

With the Accountants Daily Australian Accounting Awards 2020 set to occur as a live broadcast event Friday June 19, we are bringing you a series of podcasts showcasing the finalists across a multitude of categories. In this episode Accountants Daily editor Jotham Lian, is joined by platinum partner of the awards Brendan Wright, CEO of FAST, and two finalists who share how they are feeling having gained recognition as part of the upcoming awards.

With the Accountants Daily Australian Accounting Awards 2020 set to occur as a live broadcast event Friday June 19, we are bringing you a series of podcasts showcasing the finalists across a multitude of categories. In this episode Accountants Daily editor Jotham Lian, is joined by platinum partner of the awards Brendan Wright, CEO of FAST, and two finalists who share how they are feeling having gained recognition as part of the upcoming awards.

In April, Momentum Intelligence conducted a major survey to understand how the coronavirus pandemic has been affecting the nation's professional services industries. The head of strategy at Momentum Intelligence, Michael Johnson, joins host Jotham Lian on this episode of Accountants Daily Insider to analyse the findings of the MyBusiness COVID-19 Sentiment Survey, revealing how accountants' revenue, workload volumes and mental health situations have been impacted. Tune in to find out how the accounting sector compares to other industries, the satisfaction rate among accountants towards the government's stimulus measures, and the overall industry sentiment when looking to a post-pandemic future.

On this episode of Accountants Daily Insider, the senior tax counsel at The Tax Institute, Professor Robert Deutsch, dissects the ATO's recently released guidance material regarding the JobKeeper payment scheme. Bob and host Jotham Lian break down Law Companion Ruling 2020/1, Practical Compliance Guideline 2020/4, and Practice Statement Law Administration 2020/1. Bob explains how each statement provides more clarity around government support, reflects on the overarching concerns of members at the moment, and shares some advice to practitioners on navigating the current crisis.

The economic impacts of COVID-19 mean that many accountants have become unemployed or inundated with new work, both of which can put an immense strain on one's mental health. Renowned wellness expert Graeme Cowan joins host Jotham Lian on this episode of Accountants Daily Insider to share his personal experience with mental illness, how he became involved in creating R U OK?, and his most trusted resources for COVID-19 information. Graeme provides some practical tips for accountants in navigating their own difficult circumstances as well as the emotional distress of their clients, and outlines his technique for effectively working from home.

We bring you a special episode of the One Voice podcast, in which the IPA's Tony Greco answers a series of question surrounding the government's latest coronavirus measures. Tony Greco, IPA's general manager of technical and policy, delves into the technical issues that have arisen as a result of the government's stimulus measures aimed to tackle the financial impacts of the coronavirus pandemic. Speaking to Jotham Lian, the editor of Accountants Daily, Tony answers the question we've all been thinking: are the government's measures fair? Tony also speaks about businesses' attempts to manufacture entitlement to cash flow boost payments, the JobKeeper subsidy plan, and how the IPA is supporting its members through this challenging time. If you have any questions for Tony or anyone else on our team, please get in touch with us at onevoice@theipagroup.org.

With the urgency of providing financial relief to Australian businesses and individuals during the COVID-19 crisis, new government policies and support packages don't have the luxury of time and, consequently, have not been fed through their usual consultation process. On this episode of Accountants Daily Insider, host Jotham Lian is joined by the Institute of Public Accountants' general manager of technical policy, Tony Greco, to delve into some of the technical issues that have arisen over the latest government regulations. Tune in to hear about businesses' attempts to manufacture entitlement to cash-flow boost payments, the industry response to the JobKeeper subsidy plan, and what the IPA is doing to support its members through this challenging time.

The government this week announced a second economic stimulus package worth $66.1 billion to help support Australians through the financial crisis brought on by COVID-19. Tax leader for Australia at Chartered Accountants Australia and New Zealand Michael Croker returns to Accountants Daily Insider with host Jotham Lian to break down the new regulations targeted towards SMEs. Michael provides his insights into the technicalities around calculating tax-free cash payments, the insolvency relief measures for company directors, and the somewhat controversial temporary early release of superannuation.

Amid the ever-changing landscape of a global pandemic, it's a critical time for accountants to reach out to clients who need support and keep them informed. On this episode of Accountants Daily Insider, host Jotham Lian is joined by Michael Croker, tax leader for Australia at Chartered Accountants Australia and New Zealand, to delve into the government's economic stimulus package and the ATO's response to the coronavirus crisis. Michael explains how the package will deliver support for business investments and provide businesses with cash-flow assistance, and outlines the additional state measures that are set to take some pressure off tax requirements.

With recommendations from the Hayne royal commission and inquiry into superannuation yet to be addressed, CPA Australia's general manager of external affairs, Paul Drum, claims that members have grown quite sceptical of reviews. Paul returns to Accountants Daily Insider with host Jotham Lian to outline some of the issues raised by members around the current reviews into retirement income and aged care, CPA's perspective on raising superannuation guarantee contributions to 12 per cent, and how practitioners should go about dealing with all of this change. Paul also provides his take on industry anxiety around myGovID, details CPA's pre-budget submission to help those affected by bushfires and drought, and explains the implications of these businesses not having access to financial guidance on the economy at large.

In Rebecca Mihalic's experience, women in the accounting profession can often face gender bias, whether it be in the form of unintentionally discriminatory language or an underrepresentation of females in leadership roles. In the lead-up to International Women's Day this Sunday, 8 March, the businessDEPOT director, founding partner of Aptus Accounting & Advisory, and head of accounting at Practice Ignition, joins host Jotham Lian to reflect on the gender-specific challenges she's faced throughout her 20-year accounting career. Rebecca explains how the repetitive nature of certain behaviour made her feel inadequate as a young accountant, shares what helped rebuild her confidence, and provides advice for other young professionals in the accounting space.

On this episode of Accountants Daily Insider, TaxBanter's senior tax trainer, Robyn Jacobson, explains the implications of the passing of the Superannuation Guarantee Amnesty Bill, which now awaits royal assent. Robyn joins host Jotham Lian to provide her insight into journal entry practices in the industry, how the government can provide the profession with certainty around proposed changes to Division 7A, and what actions practitioners need to take in the lead-up to 1 July. She also shares what advisers need to know about a new law regarding CGT main residence exemption, impending changes to Single Touch Payroll, and legislative adjustments regarding agents' access to deceased clients' information.

While the goal of tightening regulation in the tax practitioner space is to ultimately increase the quality of the profession, the burden can sometimes be difficult and even unnecessary for certain practitioners to commit to. On this episode of Accountants Daily Insider, host Jotham Lian is joined by the general manager of external affairs at CPA Australia, Paul Drum, to share his opinion on the TPB's proposal of significantly increasing CPE requirements for all tax practitioners. Paul also details CPA's pre-budget submission relating to reducing the regulatory burden faced by accountants, outlines other short-term recommendations intended to stimulate the economy, and explains how the voucher proposal for small businesses to engage a professional adviser came about.

In this episode of Accountants Daily Insider, Professor Robert Deutsch, senior tax counsel at The Tax Institute, delves into key tax issues that accountants should be paying close attention to over the next year. Robert joins host Jotham Lian to share his insights into the international activities that are likely to trigger repercussions in the Australian tax sector, the problems currently occurring in the fringe benefits tax space, and the implications of legislation regarding the denial of CGT main residence exemption for foreign residents. Robert also forecasts his predictions for this year's federal budget, recommends how to improve the relationship between practitioners and the Australian Taxation Office, and provides details about The Tax Institute's national convention, The Tax Summit 2020.