Accounting firm controlled by Exclusive Brethren church to close after extraordinary ATO raid

  • 📰 GuardianAus
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 98%

Australia Headlines News

Australia Latest News,Australia Headlines

It is not known if decision to shutter division of secretive sect’s umbrella company has any link to raid reportedly conducted ‘without prior notice’

The accounting firm controlled by the secretive Exclusive Brethren church has announced it will close after an extraordinary raid conducted by the Australian Taxation Office .Team’s Australian accounting division, known as UBTA, sent an email to clients on Wednesday advising them that its accounting division would close.

Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup “We will continue to operate as business as usual in the meantime and until our client engagements are fulfilled. Our staff are aware and we are working closely with them on the process.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in AU

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

A $9.5m mansion that ‘shocked the flock’ of Exclusive Brethren back up for saleIt was a big week for high-end sellers, from the $200 million digs of “Aussie” John Symond to the Strathfield home of fellow rich lister Tony Tartak.
Source: smh - 🏆 6. / 80 Read more »

A $9.5m mansion that ‘shocked the flock’ of Exclusive Brethren back up for saleIt was a big week for high-end sellers, from the $200 million digs of “Aussie” John Symond to the Strathfield home of fellow rich lister Tony Tartak.
Source: theage - 🏆 8. / 77 Read more »

Sydney collector Ida Lee quit accounting to work in the watch industryA soft spot for timepieces from an early age grew into something more meaningful for this watch enthusiast.
Source: FinancialReview - 🏆 2. / 90 Read more »

Trump Media's accounting firm charged with 'massive fraud'BF Borgers, Trump Media & Technology Group&x27;s independent accounting firm, was charged by the Securities and Exchange Commission with widespread fraud impacting more than 1500 filings.
Source: 9NewsAUS - 🏆 10. / 72 Read more »

Tax time in Australia: ATO reveals three common mistakes that could cost you7NEWS brings you the latest local news from Australia and around the world. Stay up to date with all of the breaking sport, politics, entertainment, finance, weather and business headlines. Today's news, live updates & all the latest breaking stories from 7NEWS.
Source: 7NewsSydney - 🏆 16. / 63 Read more »

ATO targets directors over $2.5 billion in unpaid super, GST, employee income taxDirectors who have amassed large assets, such as trophy homes and flash boats, while not passing on collected taxes to the government, are some of the first in the firing line.
Source: brisbanetimes - 🏆 13. / 67 Read more »