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

  1. Insolvencies spike by 61% in February

    External administrations surged by 61 per cent over the last month, sparking fears that more companies will collapse once JobKeeper expires at the end of the month. The latest data from CreditorWatch has revealed a jump from 254 external...

  2. Stay on top of BAS planning in 2021

    are grappling with a vastly changed operating environment as a result of the COVID-19 pandemic that unfolded this time last year. While this month marks the anniversary of mass change for the accounting industry, it’s also a moment to reflect on the...

    • Type: Article
    • Author: Intuit QuickBooks
    • Category: Regulation

  3. Get a head start on tax planning in 2021

    are grappling with a vastly changed operating environment as a result of the COVID-19 pandemic that unfolded this time last year. While this month marks the anniversary of mass change for the accounting industry, it’s also a moment to reflect on the...

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

  4. Post-JobKeeper support to be announced ‘within days’

    at other measures. “We’re still finalising those details, but it’s a matter of days.” The announcement follows an appeal last month to the federal government from the Australian Tourism Industry Council (ATIC), Australia’s peak tourism industry body,...

  5. ‘Monster levy’: Accounting bodies slam ASIC fee hike

    offering financial advice forced out of the space. The pushback follows the latest industry funding levies published by ASIC last week, which will see an accountant holding an Australian financial services (AFS) limited licence exposed to $3,926 in fees...

  6. Mid-tier appoints new director

    A PKF veteran has been elevated to expand his ownership into the firm’s business advisory team in Sydney and Newcastle. PKF last week announced the promotion of business advisory expert Chad Russell to director of the firm’s business advisory team in...

  7. Government backs off from new aged care tax

    tax as calls to abandon the royal commission’s recommendation widen. The aged care royal commission final report released last Monday had called for a new levy to fund an overhaul of the beleaguered sector, with both commissioners presenting cases for a...

  8. Could e-invoicing lead to an ATO automated BAS?

    e-invoicing could soon take on a tax compliance role in the future. Tax Office commissioner Chris Jordan notably flagged last year that the ATO could soon be automating business activity statements (BAS) by tapping into a business’s natural systems,...

  9. Fintech peak body pushes for e-invoicing mandate

    are considered to be included in the July 1, 2022 mandate.” Treasury’s consultation paper, which was released late last year, outlines three prospective approaches to accelerating the adoption of e-invoicing in Australia. The first option would see all...

  10. Partner profits reach record highs in 2020

    a result of payment refusal and invoicing errors. Lock-up days remained stable at 76 days, consistent with previous years. Last year also saw increased investment in technology; in part, to facilitate remote working, according to the report, but also to...

  11. ATO on the hunt for 60,000 TPAR businesses

    More than one in five businesses required to lodge a taxable payments annual report for the last financial year have yet to do so. The ATO estimates that around 280,000 businesses are required to lodge a taxable payments annual report (TPAR) for the...

  12. Firms to ‘strongly encourage’ staff to get jabbed

    with all relevant information.” Businesses were advised by the Fair Work Ombudsman (FWO) and Safe Work Australia (SWA) last week to assume that employee vaccinations aren’t required, and that mandating them could expose businesses to charges under...

  13. Illegal early access to super scheme sees financial adviser charged

    20 years in prison for operating an illegal early access to superannuation scheme. Fronting the Victorian Magistrates’ Court last week, Ahmed Saad, a Glenroy financial adviser, was charged with two counts of deception following an ASIC investigation and...

  14. What’s Happening to Small Business Loans in Australia: Will 2020 Crisis Continue in 2021?

    and it’s not clear when it will get back to the pre-pandemic level. Experts state that this economic recession will last for a long time. Therefore, this situation isn’t going to improve soon. Unemployment. Recent reports state that the unemployment...

    • Type: Article
    • Author: Galyna Bulatseskul
    • Category: Business

  15. ATO tipped to pounce once JobKeeper ends

    options before the ATO moves on recouping debts. “While the ATO has been very quiet for almost 12 months, that won’t last,” said Bradd Morelli, national managing partner at Jirsch Sutherland, a national insolvency firm. “And that’s when we expect to see...

  16. Harvey Norman hangs on to JobKeeper as profits double

    The company had previously revealed that it received $7.6 million in wage subsidies for Harvey Norman franchisees in the last financial year, but failed to disclose recent payments in its latest half-year report. When queried by 3AW’s Tom Elliott on...

  17. Graduates encouraged to look to ‘competitive’ smaller firms

    in lieu of traditional graduate intake schemes. Following a hiring slump of about 60 per cent across the sector in May last year, job postings are edging towards pre-pandemic levels, with listed openings currently sitting 2.3 per cent below what they...

  18. ATO’s good-faith approach to crypto won’t last much longer

    The ATO has maintained its good-faith approach to the accounting of cryptocurrencies, though it isn’t expected to last much longer, says a national tax and accounting network. Speaking to Accountants Daily, H&R Block director of tax communications Mark...

  19. KPMG offers COVID-19 ‘thank-you payment’, repays portion of salary cuts

    better-than-expected half-year figures would enable it to repay staff pay cuts introduced during the height of COVID-19 last year. The big four firm’s staff saw a 20 per cent pay cut for four months running from May to August 2020, but the firm...

  20. Government urged to get the ball rolling with Division 7A

    and tax bodies will reveal similar calls for the government to address the operation of Division 7A, following a decision last year to further defer the start date for proposed amendments to an income year on or after legislation receives royal assent....

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