Parras & Associates accountant Nick Parras and Pristine Finance broker Marinko Radomir share how working together has helped support their clients and strengthened their businesses.

In this latest episode of Accountants Daily Insider podcast, host Miranda Brownlee and Annie Kane, managing editor of The Adviser, speak to Nick and Marinko about their specialisation in high-net-worth and medical professionals and how they work together to deliver the best outcomes for these clients. 

Tune in to find out:

• How working with brokers can also benefit accounting firms.
  Tips for finding broking partnerships that are the right fit for the accounting firm.
• Shared and unique challenges in each profession.
• How they work with high-net-worth clients.

Paul Dove joins Imogen Wilson on this week's episode of AD Insider to discuss how outsourcing can benefit accounting firms in light of current issues and industry struggles.

Cloudstaff is a remote staffing solutions provider that helps innovative companies around the globe find their "dream team" of staff.

Dove is the senior vice president of sales at Cloudstaff and is quite the guru when it comes to the ins and outs of outsourcing. He shares his personal experience and knowledge of how this mechanism can help transform and alleviate the accounting industry. 

Dove chats about his role at Cloudstaff, his personal experience and shares his knowledge of how this mechanism can help transform and alleviate the accounting industry.

Heather Smith and Tyler Caskey delve into the latest features, integrations and developments across QuickBooks, MYOB and Xero over April and May.

Accounting app specialist Heather Smith and technology enthusiast and partner at The Bean Counters, Tyler Caskey, share their thoughts on some of the recent updates across accounting apps in the past two months.

They chat about the release of several new features by QuickBooks including the spreadsheets sync feature and the release of the fixed asset register and some recent integrations on the platform. 

They also touch on some of the big announcements in the space including Xero's decision to retire Planday and changes with its pricing plans.

Smith and Caskey also highlight some of the other useful features launched across practice management and business management software platforms recently. 

With 30 June fast approaching, we take a closer look at recent developments that could come into play in the new financial year and what they mean for SMSFs.

Host Aaron Dunn discusses the Treasury's long-awaited exposure draft documents on ECPI measures, as well as two bills set to be debated in the Senate this week — the six-member SMSF bill and the bring-forward rule bill for 65 and 66-year-olds.

Aaron also gives his top tips for SMSFs ahead of the end of the financial year.

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.

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.

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.

In this week's episode of Accountants Daily Insider, Class senior analyst Angelique Faes takes a closer look at trust administration and why it's ripe for disruption.

Angelique talks about the popularity of trusts, common pain points in trust administration, and how Class is looking to change things.

She also covers some recent acquisitions at the company and what it means for the future of Class.

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.

In this special episode of Accountants Daily Insider, three industry heavyweights come together to discuss the current economic environment and explore how accountants will play a vital role in Australia's recovery.

Institute of Public Accountants CEO Andrew Conway, Reckon Group CEO Sam Allert and Prospa co-founder Beau Bertoli all come together to share their perspectives on the end of JobKeeper, the high level of trust that businesses have in their accountants, and how accountants will continue to be relied on heavily over the next year.

The trio also look at how the pandemic has changed the way we look at digital readiness and speak about some of the biggest opportunities for accountants in 2021.

Cooper Grace Ward Lawyers partner Sarah Lancaster provides an update on the payroll tax issues continuing to plague medical practices and the critical planning needed in this area.

In this episode, Lancaster shares some of the highlights from her upcoming presentation at the ACE Accounting Conference & Expo next month.

She discusses the potential audit risks facing medical and allied health practices following the rulings that were issued by various revenue offices last year and what firms need to be doing now to manage these risks.

Lancaster also sheds light on other payroll tax issues being audited by state revenue offices and where businesses need to improve their record keeping.

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.

On this week's episode of Accountants Daily Insider, we take a closer look at the Institute of Public Accountants and the Association of Accounting Technicians and their plans for members this year.

Host Maja Garaca Djurdjevic is joined by IPA chief executive Andrew Conway and All That Counts founder and director Lielette Calleja, who has recently joined the AAT as its chief accounting technician.

Andrew and Lielette talk about the packed agenda that both the IPA and AAT have ahead for their members this year. They also discuss their thoughts on the variety of lockdown approaches by the state and territory governments through the COVID-19 pandemic, what might be on the cards for the 2021-22 federal budget, as well as when the IPA will resume running in-person events.

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.

With ASIC exploring how access to affordable advice can be improved, including scaled or limited advice, BT head of financial literacy and advocacy Bryan Ashenden discusses what Consultation Paper 332 means for the future of advice.

Bryan talks to hosts Aaron Dunn and Miranda Brownlee about some of the challenges and barriers impeding the provision of limited advice, particularly in the SMSF context.

He also explores what a new model of advice regulation could look like and what ASIC's role will be in regulating the industry following the wind-up of FASEA.

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.

The SMSF Association and Rice Warner have now released comprehensive research investigating the operating costs of SMSFs and how they compare with APRA-regulated funds.

SMSF Association deputy chief executive Peter Burgess explains to hosts Aaron Dunn and Miranda Brownlee what some of the key findings of the research are and what they mean for the provision of advice on SMSFs and superannuation in general.

Aaron and Miranda also discuss some of the key developments this month, including ASIC's consultation on the impediments facing advisers providing scaled advice and the release of the Retirement Income Review. 

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.

A bids and tender specialist has seen a dramatic increase in small to medium accounting firms bidding for government contracts in the past year.

In this episode, Jason Cooney, director at The Tender Team, explains why smaller accounting firms have become more courageous with bids for government contracts more recently and some of the reasons for their success.

Cooney discusses the types of contracts that smaller accounting firms are winning and how they can stand out from other competing firms.

He also offers tips and considerations for the tender process and how firms can prepare to make the process smoother.

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 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.

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.

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.

In this podcast, Aaron Dunn, CEO of Smarter SMSF, and Miranda Brownlee, deputy editor of sister brand SMSF Adviser, delve into some of the key insights shared during the SMSF Adviser Technical Strategy Masterclass.

They discuss some of the key topics of the event including the proposed requirement to have SMSFs prepare their accounts 45 days before the lodgement deadline and changes to make the relief for electronic execution of documents permanent.

With many of the presentations also outlining important strategy considerations arising from policy changes and potential legislative changes, they will also touch on what means SMSF professionals need to be thinking about with the advice they provide.

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.

"If you're feeling unsettled, anxious or stressed, we all are. That's absolutely normal in circumstances we find ourselves in," Beyond Blue chief executive Georgie Harman said.

Last month, Accountants Daily sister brand MyBusiness hosted a special, three-day, virtual event to help small-business owners wade through the rough COVID-19 seas.

Editor Maja Garaca Djurdjevic chatted with Georgie Harman about the importance of mental health in the workplace and why it's everyone's business.

Ms Harman shared some key tips to help employers recognise when their employees may be mentally struggling through the coronavirus crisis and steps to take to help them navigate through the tough environment.

Ms Harman also provided some key tips that small-business owners can use to check in with themselves.

If you are suffering from depression, anxiety or suicidal thoughts, or you're worried about someone else and feel that urgent professional support is needed, contact your local doctor or one of the 24/7 crisis agencies below:

Beyond Blue: 1300 22 4636
www.beyondblue.org.au

Lifeline: 13 11 14
www.lifeline.org.au

Suicide Call Back Service: 1300 659 467
www.suicidecallbackservice.org.au

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.

With the federal budget now handed down, hosts Miranda Brownlee and Aaron Dunn discuss the measures impacting superannuation, what was missing from the budget this year, and the government's plans for the SMSF sector in the near future.

While SMSFs emerged unscathed from the budget this year, they outline why there could still be major changes to superannuation tax and retirement income further on the horizon, with the government yet to respond to the Retirement Income Review.

They also provide an update on some of the recent announcements from regulators and recent appointments in the industry.

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.

Michael Fingland explains the vital role that stress testing can play for businesses in an economy "teetering on the edge of recession".

In this latest episode, Vantage Performance chief executive Michael Fingland gives a rundown on the concept of stress testing and how businesses can utilise this strategy to prepare for further headwinds in the year ahead.

Fingland explains that with consumer spending pulling back and the economy softening, businesses should be analysing what outcomes might arise with a dip in cash flow, a drop in revenue or with other, more specific, challenges.

Businesses can then put in a place a "rapid-fire turnaround plan" that can be implemented if any of these scenarios happen, he says.

He also provides his predictions on business conditions for the remainder of 2024 and what the main challenges will be. 

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.

Employing nearly half of all Australians, small businesses are absolutely vital for the nation's economy. Alex Brgudac has been on the ground supporting this sector through the rollercoaster ride that is COVID-19 in his role as the head of partnerships at online lender Prospa.

Alex joins host Maja Garaca Djurdjevic in this episode of Accountants Daily Insider to talk about Prospa's transition to remote working conditions, the sentiment among his SME clients throughout the crisis, and the effectiveness of the government's support schemes thus far.

He also explains how businesses have been pushed to positively adapt, what he expects to happen in the SME sector over the next few months, and shares some words of advice to small businesses that are struggling at the moment.

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 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.

Heather Smith and Tyler Caskey delve into the latest technology transformations and feature and functionality updates for the start of the year.

In this episode, accounting apps specialist Heather Smith and Tyler Caskey, partners at TheBeanCounters, discuss recent developments in real-time banking transactions, direct digital receipting and multi-currency transactions.

They also explore updates and new features in the reporting space across cash flow forecasting, automatic workflows, intercompany loan reconciliations and ESG.

Heather and Tyler also chat about some of the big announcements in the accounting tech space including the launch of WorkflowMax by BlueRock and Xero ending classic invoicing later this 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.

As the EOFY approaches, advisers are facing the new challenge of providing guidance to their clients around incorporating pandemic-triggered measures into their financial decisions.

In this episode of Accountants Daily Insider, host Sarah Kendell is joined by Michael Hutton, personal wealth management partner at HLB Mann Judd, to break down the key issues that are affecting his clients in the lead-up to tax time.

Michael explains some helpful strategies for advisers to consider for different client situations, from landlords with struggling tenants to those approaching retirement and to people with more cash than anticipated.

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.