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Assuming last is required, the following 3595 results were found.

  1. ATO locks horns with Senate over JobKeeper disclosure order

    any way by the proposed disclosure, only those that rorted the system,” Senator Patrick said. The House of Representatives last week batted away key transparency amendments to the Treasury Laws Amendment (COVID-19 Economic Response No. 2) Bill 2021,...

  2. Victoria rolls out renewed business support

    is set to cost a total of $367 million, on top of the $1.16 billion footed by the state and federal governments over the last fortnight, as the state has grappled with ongoing lockdown restrictions. Victorian Treasurer Tim Pallas pledged the state’s...

  3. Tax return amendments on the cards for some COVID-19 Disaster Payment recipients

    Australia, until Prime Minister Scott Morrison made the change on the fly in late July. New legislation was then introduced last week and sailed through the Parliament, making the COVID-19 Disaster Payments more generous than the $90 billion JobKeeper...

  4. Big 4 firms signal COVID-19 vaccine programs

    the professional services industry emerge following calls from New South Wales Premier, Gladys Berejiklian, who on Thursday last week pleaded with the state’s businesses to roll out vaccine programs of their own. She urged businesses to bear in mind...

  5. ASIC bans accountant over $73m failure

    in three failed companies that collectively owe creditors over $73 million. The ban from ASIC comes after Mr Brandi had last week pleaded guilty to fraudulently obtaining $135,248 in GST refunds by falsifying business activity statements lodged on...

  6. Victoria expands business support for 6th lockdown

    The support could have come sooner, too, Mr Hunter said. With Victoria entering its sixth lockdown on Thursday last week, Mr Hunter said the announcement of backdated support should have come immediately. “Businesses are not light bulbs; you can’t just...

  7. JobKeeper transparency bid slapped down by the House

    $12.5 billion in JobKeeper payments were made to businesses that didn’t record a shortfall in revenue between April and June last year. The PBO also found that $4.6 billion was paid to 157,650 firms whose turnover actually increased over the same...

  8. KPMG books $1.9bn revenue in FY21

    year before, and a 19 per cent increase in profitability. Partner profits were up as well, 17 per cent higher than they were last year, even after the firm offered “thank you” payments to staff after they’d suffered a pandemic-induced salary reduction...

  9. CountPlus sells audit business to rival

    its business and focus resources on tax and business advisory services. The firm’s Western Australian outpost was the last CountPlus member firm to offer audit services, said newly appointed Bentleys WA managing director Fab Fanayan. “CountPlus has made...

  10. SME business conditions reach record high pre-lockdown

    economic rebound have been shown to trickle down to smaller firms. NAB released the results of its Q2 SME business survey last week which show that the SME sector recorded a business conditions increase of 31 index points through the quarter, the...

  11. Women in the boardroom climb by 60% in 5 years

    Australian boardrooms have seen a 60 per cent increase in the number of their female members over the last five years, though cultural diversity continues to move at a slower pace, according to the Governance Institute. New research released by the...

  12. COVID-19 payments to individuals, businesses to be tax-free under law change

    $750 a week, while those who lose between eight and 20 hours will receive $450. Up until the Prime Minister’s comments last Thursday, official guidance from the Treasury, the Tax Office and Services Australia all stated that COVID-19 disaster payments...

  13. ATO cracks down on property investors as errors creep up

    investors this tax time after it found rental income and deduction errors in more than 70 per cent of tax returns audited last year. The ATO on Tuesday said that Australia’s 1.8 million rental property owners claimed a total of $38 billion in deductions...

  14. Deloitte scraps partner retirement cap

    longer be expected to retire once they turn 62. Deloitte Australia chief executive Adam Powick told the firm’s partnership last week that partner succession will in future be handled on a case-by-case basis, doing away with a long-standing informal...

  15. Maptek founder accused of $38.5m tax fraud

    the founder of leading mining technology provider Maptek, faced the Adelaide Magistrates Court on Friday after being charged last week in relation to an alleged taxation fraud spanning 15 years and totalling more than $38.5 million. Dr Johnson faces two...

  16. Quantifying the value of advice amid the COVID-19 crisis

    Accountants and bookkeepers were an invaluable resource for business clients amid the COVID-19 crisis last year, and the profession has again been called to the frontlines as the country continues to battle through lockdown restrictions. In this...

  17. ATO urged to reintroduce work-from-home shortcut

    as swathes of the nation’s population continue to feel the impacts of lockdown restrictions. “The tax deduction introduced last year, a ‘shortcut’ working-from-home deduction of 80 cents per hour, was only temporary and cannot be used for tax claims...

  18. 2021 COVID-19 support measures

    by their recent short lockdowns. There is a sense of déjà vu — the law and the systems for JobKeeper were designed in haste last year but, in the main, did their job to support struggling businesses and households. JobKeeper is a fine blueprint, and it...

    • Type: Article
    • Author: Robyn Jacobson, The Tax Institute
    • Category: Business
  19. NSW, Victoria boost business supports

    said it wasn’t the right solution for the problems the nation faces now. “JobKeeper was a great scheme, but you don’t play last year’s grand final this year,” he said. He said that because there hasn’t been a rise in the number of people receiving...

  20. 1 in 4 yet to switch to Online services as Business Portal retirement looms

    services for business, just three days before the ATO decommissions the Business Portal. The Tax Office is now making “one last push” to implore businesses to move to its new online service before it retires the Business Portal on 31 July after 17 years...