TAKING DATA SECURITY TO THE NEXT NEVEL

We take the security of our own data as well as the data of our clients very seriously. Within our security protocols we have established a set of policies, processes and controls designed to produce predictable information security outcomes. We are working on taking data security and privacy to the next

Efficiency. We are offering more and more integration with specific accounting practice management software and the Audit Shield Online Portal (ASOP). starting with Xero Practice Manager.

Compliance. Our management systems, processes, and global operations have been certified to ISO 27001, a designation that indicates compliance with a set of information security management (ISMS) best practices.

Convenience. Within ASOP, we offer direct portal uploads. This means that the number of steps to integrate the data is streamlined and the accountant always stays in control of their client data.

Integrity and availability. ASOP has a strong authentication mechanism enabled (minimum two-step authentication and single sign-on) ensuring the data is only accessible to those authorized.

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Dec
English Post, Finance Services

Withdrawal and contribution due to divorce not considered ‘special circumstances’ regarding excess super contributions

In a recent decision, the AAT rejected a taxpayer’s claim that there were ‘special circumstances’, that warranted an excess contributions determination to disregard or re-allocate an excess contribution. Facts In October 2018 the taxpayer separated from his wife. As at 30 June 2019, the taxpayer’s total superannuation balance was recorded at just over $1,820,000, held in separate […]

10

Dec
Chinese Post, Finance Services

离婚导致的提款和缴款不被视为超额超级缴款的“特殊情况”

在最近的一项裁决中,AAT 驳回了纳税人的主张,即存在“特殊情况”,需要作出超额缴款裁定,以忽略或重新分配超额缴款。 事实 2018 年 10 月,纳税人与妻子分居。截至 2019 年 6 月 30 日,纳税人的总养老金余额记录为略高于 1,820,000 澳元,存放在单独的基金中。 2020 年 4 月,作为纳税人离婚程序的一部分,从纳税人的一个养老金基金中提取了 1,575,000 澳元,并支付给他前妻。这导致纳税人截至 2020 年 6 月 30 日在该基金中的会员账户余额减少了 427,497 澳元。 2020 年 6 月 18 日,纳税人做出了 100,000 澳元的非优惠性供款,因为他的养老金总余额(支付给前妻后)为 1,389,272 澳元(即在 2020 收入年度结束时低于 1,400,000 澳元)。但是,根据 1997 年 ITAA 第 292-85(2) 条,纳税人在截至 2020 年 6 月 30 日的财政年度的非优惠性供款上限为零,因为在该财政年度开始之前,他的养老金总余额超过了该年度的一般转移余额 1,600,000 澳元。[…]