sourceThis post was aggregated from Forrester (https://www.forrester.com).
Election 2022: Labor announces plans to address multinational tax avoidance
Labor has announced its plans to adopt a “responsible and measured” multinational tax avoidance package to improve transparency and close tax loopholes, if elected. It plans to implement anti-avoidance measures proposed by the Organisation for Economic Co-operation and Development (OECD) that are already backed by over 130 countries worldwide. The […]
ATO warns of fake TFN, ABN services on the rise
The Australian Tax Office is urging prospective business owners to remain vigilant of fake websites offering tax file numbers (TFN) and Australian business numbers (ABN) for a price. Advertised on social media platforms like Facebook and Twitter, these fake websites offer to obtain a TFN or ABN for a nominal […]
Let’s Talk: Experts reveal ways to safeguard against cyber-attacks without breaking the bank
It’s only a matter of time before malicious actors figure out a way to get around whatever new technology cybersecurity professionals come up with. According to the Australia Cyber Security Center, ransomware cybercrime reports increased by 15 per cent in the 2020-2021 fiscal year, with Australian businesses losing more than […]
SBA wants to revise SME size standard to allow more to apply for Federal contracts and loans
The United States Small Business Administration (SBA) is considering revising employee-based small business size standards for businesses in nine North American Industrial Classification System (NAICS) sectors. Why? The proposed changes in nine industries, including manufacturing and transportation, will allow more MSMEs and current small businesses to maintain small business status […]