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

  1. 2021–22 federal budget: delving into the detail

    LMITO to 2021–22 will not be received until after 1 July 2022 when eligible individuals lodge their 2022 income tax return. “Last year, the Stage two tax cuts were brought forward by two years. This means the LMITO was then reduced to two years, then it...

    • Type: Article
    • Author: Intuit Quickbooks
    • Category: Business

  2. EY announces 40 partner promotions

    and seven were from its strategy and transactions business. The announcement follows 31 internal promotions made in October last year, and another 30 admitted as lateral or direct admit partners this year, in a bid to expand the skills and experience...

  3. Small business owners face mounting mental health concerns: MYOB

    Of the business leaders surveyed, 52 per cent reported feeling stress as a result of operating over the course of the last 12 months, up by 7 percentage points from the same period last year. Meanwhile, 45 per cent of respondents reported experiencing...

  4. PM announces COVID disaster payment

    directly and 100 per cent with the business support they are providing,” Mr Morrison said. “What I put to the acting Premier last night was that we should split 50–50 both payments. Go 50–50 on household and 50–50 on business. “Alternatively, the states...

  5. Government weighs up federal support as Victoria doubles business support package

    The Victorian government on Wednesday called on sustained, federal support in the form of a JobKeeper reboot. “As we did last week, we have also renewed our request to the Commonwealth to activate a JobKeeper-style support for Victorians who have been...

  6. FWO secures $204k penalty order against restaurant operator over unpaid wages

    workers were generally engaged as kitchen attendants, waiters or cooks. The company fully rectified underpayments in July last year after the FWO commenced litigation.

  7. JobKeeper’s expiry has cost 56,000 jobs to date: Treasury

    New Single Touch payroll data reveals 56,000 workers formerly on JobKeeper have lost their jobs, up from 40,000 over the last two weeks. Treasury secretary Steven Kennedy told Senate estimates on Tuesday morning that 56,000 workers whose jobs were...

  8. ‘Overconfident’ taxpayers warned to approach tax time with caution

    have included focuses on working-from-home expenses, and a renewed approach to monitoring crypto asset reporting. The ATO last week warned that it would write to about 100,000 taxpayers to alert them to their tax obligations amid growing concerns that...

  9. COSBOA calls for national targeted support scheme as lockdowns continue

    profession, the political spectrum and the nation’s union. CPA Australia’s manager of external affairs, Jane Rennie, last week called for co-ordinated national support for Australian businesses, as Victoria entered a state of lockdown which the...

  10. Post-Budget insights & analysis: understanding the key tax and superannuation measures

    LMITO to 2021–22 will not be received until after 1 July 2022 when eligible individuals lodge their 2022 income tax return. “Last year, the Stage two tax cuts were brought forward by two years. This means the LMITO was then reduced to two years, then it...

    • Type: Article
    • Author: Intuit Quickbooks
    • Category: Super

  11. Victoria announces $250m targeted business support package

    will offer welcomed reprieve to some businesses facing extreme uncertainty after the state entered its fourth lockdown last week, others think the package is light on detail, and is unlikely to cover the losses suffered. Victorian acting premier James...

  12. ATO signals crypto crackdown as tax time looms

    capital gains or losses.” The ATO’s crackdown follows a softer, educative approach adopted through the 2020 income year. Last year, the Tax Office contacted 100,000 taxpayers who had traded crypto assets and prompted 140,000 taxpayers to lodge returns....

  13. Post-budget reflections

    Plan. Stage 2 was originally legislated to apply from 1 July 2022 which would have subsumed the limited life LMITO. However, last year’s budget brought forward Stage 2 by two years and unexpectedly extended the LMITO by 12 months to 2020–21. The LMITO’s...

    • Type: Article
    • Author: Robyn Jacobson, The Tax Institute
    • Category: Business

  14. Simplifying award compliance with technology — federal budget announcement

    causing regulators to consider how technology can be used to simplify compliance in award-based industries. Through last week’s federal budget, the government has thrown its support towards wage compliance, announcing spending of $10 million over four...

    • Type: Article
    • Author: David P Sofrà and Kevin Ferdinands, KPMG
    • Category: Technology

  15. FBT exemption, LMITO tax bill introduced into Parliament

    of the LMITO for a further 12 months comes after the government announced a similar extension in its October federal budget last year despite backdating its stage 2 tax cuts to 1 July 2020. Mr Frydenberg stressed that the extension of the offset was a...

  16. Deloitte appoints 70 new partners

    The big four firm has admitted 70 new partners as part of a move to reposition itself after cutting 700 jobs last year. Deloitte Australia on Wednesday announced that it would admit 70 partners across all business units nationwide. Each will assume...

  17. ATO signals good-faith approach to tax agent deferrals

    program, along with other targeted support measures for practitioners who have experienced serious hardship over the last year. The ATO on Tuesday urged tax agents to be aware of the support measures available to them coming into tax time, acknowledging...

  18. Jirsch Sutherland joins international insolvency network

    foothold in the region. The appointment emerges as an exciting opportunity for the firm, which opened talks with the network last year, said Brad Morelli, national managing partner at Jirsch Sutherland. “We are thrilled to have joined GRIP,” Mr Morelli...

  19. Greens move to force profitable firms into JobKeeper repayment

    would see companies with an annual turnover of more than $50 million that received JobKeeper and booked a profit over the last year forced to repay the full amount received from the government. The proposed amendments would also force firms with an...

  20. ATO should revise work-from-home travel expense eligibility: TSA

    calls for a review of travel expense claim entitlements for those working from home follow an alert issued by the ATO last week where it warned tax agents and taxpayers that it would be on the lookout for claims containing ineligible work-related...

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