Medibank has assured its customers it is working around the clock to fix a problem with its systems, but has warned the problems are likely to prevent it providing annual tax statements to a majority of its customers by 15 July.
Cloud accounting software provider MYOB has welcomed changes to company tax rates in the Budget but says small business operators need the changes to be implemented now, not in 10 years’ time.
Macquarie Telecom says the so called Panama Papers leak showed global tax avoidance was a cancer that had to be tackled with every tool available to governments.
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