Submissions

  • Joint Bodies Submission - Full expensing and SBE pooling

    Our submission below addresses our main concerns, and that of our members, in relation to the recent legislative amendments contained in Schedule 1 to the Treasury Laws Amendment (2020 Measures No. 6) Act 2020 (the amendments).

  • IASB - DP 2020/1 Business Comb – Disclosures, Goodwill and Impairment

    The IPA welcomes the review of IFRS 3 Business Combinations and IAS 36 Impairment of Assets and supports some of the proposals included in the paper. However, the institute believes it fails to address adequately fundamental issues concerning the recognition and impairment of goodwill.

  • PRE-BUDGET SUBMISSION 2021-22

    The Institute of Public Accountants (IPA) welcomes the opportunity to present our pre-Budget submission for the 2021-22 financial year. We look forward to working with the Government on its economic agenda set against the continuing COVID-19 environment.

  • Single Touch Payroll Phase 2 - Delaying the proposed start date

    The Joint Bodies are committed to the successful implementation of Single Touch Payroll (STP) Phase 2, however for the reasons below, digital service providers, intermediaries and employers are not in a position to meet the proposed 1 July 2021 start date. We therefore seek a deferral of the start date to 1 July 2022.

  • JobMaker Hiring Credit Exposure Draft Rules

    The Joint Bodies welcome the JobMaker Hiring Credit (JobMaker) measure. We have reviewed the Exposure Draft Coronavirus Economic Response Package (Payments and Benefits) Amendment Rules (No. 9) 2020 (Exposure Draft Rules) and the Exposure Draft Explanatory Material (Explanatory Material) published by Treasury on 30 October 2020.