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Assuming last is required, the following 3591 results were found.

  1. SMEs not ‘confident’ in financial health, survey reveals

    index highlighted the average value of invoices held by businesses has fallen to a record low, down 49.9 per cent since last year. This significant drop can be attributed to, “decreased order values as businesses are forced to reduce inventory due to...

  2. Accounting ties strengthened in Sri Lanka: CPA Australia

    The professional body participated in a special ceremony to acknowledge the achievements of long-standing members over the last 10 to 20 years. The ceremony also celebrated several prominent Sri Lankan companies partnered with CPA Australia. CPA...

  3. DPNs climb to 26.7k as ATO hunts down old debts

    directors. The Tax Office has been dredging up old company debts to issue 26,702 director penalty notices worth $4.4 billion last year in a drastic ramp up of recovery efforts, latest figures reveal. It is a 50 per cent jump from the 2022-23 income year...

  4. Self-prepared returns on the rise in latest tax return data

    The proportion of agent-prepared tax returns has seen a slight decrease from the same period last year, according to the ATO. The ATO has received approximately 2 million returns since 1 July, representing around a 1 per cent increase compared with the...

  5. CA ANZ calls on Gen Z to ‘make epic things happen’

    The professional body launched its new “Make Epic Things Happen” campaign in cinemas last night aimed at attracting young people to the accounting profession. CA ANZ has called for the younger generation to be inspired by a career in accounting to help...

  6. SMEs enter ‘survival mode’, rate cut hopes fade

    a strong quarter for borrowing. Meanwhile, the number of rejected loans was increasing – climbing 11 per cent over the last quarter and up 87 per cent compared to last year. “In what is typically a strong quarter for SME borrowing, loan activity has...

  7. CA ANZ urges members to lobby MPs against new agent rules

    caused an uproar in the tax community, with CA ANZ, alongside nine other professional bodies, penning an open letter Jones last week demanding the instrument’s withdrawal. The grassroots letter campaign marks a shift in the accounting body's advocacy...

  8. Accountant denied TPB registration over supervision concerns

    require them to show evidence of at least one year of full-time relevant experience (or part-time equivalent) in the last five years under the “supervision and control” of a registered tax agent. Dou had worked as an accountant at Twin Cities Tax &...

  9. Red tape ‘strangling’ small businesses: ACCI

    businesses are feeling neglected in the current economy and many are considering closure, according to ACCI research. In the last 12 months, 45 per cent of small business owners have considered leaving or shutting down their business, as revealed by the...

  10. ‘Running out of time’: industry sounds alarm over payday super rush

    developers and superannuation gateways, said the government had left the industry in the dark since announcing the change last year. “The software industry needs clarity now,” DSPANZ president Matthew Prouse told Accountants Daily. “We don't have...

  11. ‘Many’ practitioners already compliant with new code rules: TPB

    practitioners will already be complying with the new requirements”. In a web page containing 13 frequently asked questions last week, the TPB has offered practitioners several tips for compliance and laid out its consultation timeline with less than two...

  12. Ute tax loophole costs government $250m

    The research paper stated the number of utes on the road compared to passenger vehicles has grown significantly in the last 20 years. The Australia Institute outlined the tax exemption on utes provides people with more of an incentive to buy them,...

  13. ‘Bleisure’ travel claims in ATO sights, experts warn

    deductions and a failure to include all income sources in lodgments. It said over 8 million people made a work-related claim last year and urged taxpayers to follow “three golden rules”, including only claiming expenses if they spent money themselves...

  14. Unemployment rate rises to 4.1%

    per cent lower than just prior to the COVID-19 pandemic. “The unemployment rate was 0.5 percentage points higher than June last year, and 1.1 percentage points lower than March 2020.” This all said, employment grew by 42,000 people (0.3 per cent) in...

  15. ATO’s growing data access ‘alarming’, says TaxTank CEO

    trust. Taxpayers should know what data is collected, how it’s used and why.” The errors occurring in the ATO's systems last year which impacted 603 taxpayers highlights the dangers of unchecked data access and automation with proper safeguards,...

  16. Blindsided accounting bodies lash ‘unworkable’ code changes

    concepts detracts from the breadth, generality and certainty of the existing code,” general manager Tony Greco said last week. Grant called for the 1 August start date to be deferred by “at least six months” to allow time for TPB guidance to be...

  17. Minister Jones’ determination ‘inconsistent’ with current law, warns IPA

    exposure draft. The determination is the first use of new ministerial powers provided under legislation that was enacted last year in Treasury Laws Amendment (2023 Measures No. 1) Bill 2023. The legislation enables a Minister to supplement the existing...

  18. ATO software bugs revived false on-hold debts, documents show

    obtained by iTnews under freedom of information laws. The documents showed the ATO first identified the bugs in July last year and resolved them months later in October after numerous meetings and briefings. As part of “remediation” efforts, ATO staff...

  19. ATO to crack down on Amazon, eBay sellers’ tax affairs

    thing,” the ATO said. The ATO’s online seller data matching program comes after it announced one for Medicare levy claims last month. In February, the ATO acquired personal details and rental bond information of 900,000 landlords from state and...

  20. Shock tax code changes hit industry

    Governance procedures introduced by the Assistant Treasurer without warning last week have flown under the radar but will overwhelm many firms, practitioners say. The tax community has been blindsided by a set of rule changes mandating firms to...

Results 161 - 180 of 3591
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