June Newsletter
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DSPANZ News
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Aotearoa
New Zealand Budget
2024 Impacts for DSPs
Aotearoa New Zealand’s Budget 2024 was delivered on 30 May by the Minister of Finance, Hon Nicola Willis. But what was in Budget 2024
for DSPs? Continue reading for
our key Budget takeaways and the associated impacts on DSPs. Members will have also received access to our full Budget
breakdown
spreadsheet.
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The Future of
Wholesale and Retail Services in the Tax Ecosystem
As revenue agencies move towards OECD tax administration 3.0 concepts, they will shift from providing retail services primarily to taxpayers
and tax agents to providing wholesale services to Digital Service Providers (DSPs) who will deliver these experiences within natural
business systems.
Continue reading and access the diagram
where we outline how DSPs and revenue agencies will provide wholesale and retail services in a world where tax and business processes
just happen.
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Reforming
Australia’s AML/CTF Regime
Submission
We provided a submission to the Attorney-General’s Department consultation on reforming Australia’s anti-money laundering and
counter-terrorism financing (AML/CTF) regime on 13 June 2024. Learn more about this submission and access a full copy here.
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DSPANZ
Representation
Over the past month, we’ve been attending the following representing DSPs:
- ATO Strategic Working Group meeting
- Digital Advisory Group Security Working Group meeting
- Digital Advisory Group Payroll Working Group meeting
- Digital ID Roundtable
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Consultation
on the Holidays Act - Register Your Interest
Minister for Workplace Relations and Safety, Brooke van Velden has
announced that the New Zealand government will release its draft proposed changes to the Holidays Act in September. The Ministry of
Business, Innovation and Employment
(MBIE) is inviting stakeholders to participate in targeted consultation on the exposure draft - register
your interest by 8 July here.
Learn more about the proposed changes to the Holidays Act and the consultation here.
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Generative AI Summit 2024
We
are a proud supporting partner of the 2nd annual Generative AI Summit, taking place in Sydney from 13-15 August 2024. Diving deeper
into the essential tools for maximising AI and strategic initiatives you need to stay ahead in the industry. DSPANZ members can enjoy a
15%
discount on registration fees by using the VIP code. Get your code and register here!
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AccountKit
Who
are you?
We are AccountKit - we've created an online toolkit for accountants to service both our own practice and the broader accounting
community, primarily in AU.
What do you do?
We have a set of tools that integrate with
Xero, Xero Practice Manager and a bunch of other essential apps for a cloud accounting / bookkeeping practice. The aim is to automate,
reduce clicks and create visibility across a variety of
usually manual tasks. It's a modular kit, in that they can pick and choose
which tools they'd like to use - such as Business Structure Diagrams, Inter-entity Loan reconciliation tool, Equipment Finance
schedules, Correspondence Registers etc.
Where are you located?
We only have our team in Adelaide; We outsource our marketing to Little Village
Creative in Melbourne.
Get in touch via our website
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Until next time,
The Team at DSPANZ.
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