ASIC cracking down on SMSF auditors for conduct issues

As a trustee of a Self-Managed Superannuation Fund (SMSF), we believe it is crucial to keep you informed about recent developments that may have implications for your fund. The Australian Securities and Investments Commission (ASIC) has taken significant action against certain SMSF auditors to ensure compliance with regulatory obligations and maintain the integrity of SMSF…

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The Low and Middle Income Tax Offset (LMITO) has ceased

In recent years, income tax payable by individuals has been reduced by the LMITO, an offset introduced by the government in 2019. This offset will cease after the 2022 financial year and the government has not announced any plans to reinstate it. Starting from the 2023 financial year, Individuals should be aware that their tax…

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Digitally Sign your tax return with FuseSign

Due to the need to keep our client’s personal information secure, we no longer send sensitive information via email. FuseSign is a digital signature tool that allows you to log into a secure area where you can view, sign, and download documents. When the time comes to sign your tax returns and other documents, NorthCorp…

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Northcorp Accountants is an officially Covid Safe business.

Northcorp Accountants is an officially Covid Safe business. During the Covid-19 pandemic we have been rigorously implementing the NSW Government Covid safe guidelines to protect our staff and clients. We will continue to follow the latest developments to ensure we are doing all we can to limit the spread. If you have any questions please…

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NorthCorp is still open for business despite COVID19

With Coronavirus (COVID19) posing unprecedented challenges, we would like to let you know we are committed to supporting your during this time. We know that these are very difficult times for everyone.  We want you to know it is business as usual for servicing our clients. Our greatest priority at this time is the health…

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The Royal Commission into Financial Services

The Royal Commission into the banking and financial services industry is only in its early stages yet the inquiry has already uncovered shocking revelations of dishonesty and misconduct within some of Australia’s largest financial institutions. To date, the Commission has heard evidence of appalling behaviour at Australia’s major banks – the so-called big four –…

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Northcorp now has an App!

This free new App has been designed by the NorthCorp practice to keep you up to date with your Accounting & Taxation needs. The NorthCorp App is designed to make it even easier for our clients to communicate and interact with us. Some of the key features are: – Push Notifications so we can keep…

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