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

  1. 5 ways SMEs can prepare for a post-COVID world

    which is due to end on 28 March 2021. Here are some tips for post-COVID financial management. Check your eligibility for the last few months of JobKeeper 2.0 JobKeeper has been extended to the end of March, with the second extension coming into effect...

    • Type: Article
    • Author: Thiru Kandiah, RSM Australia
    • Category: Business

  2. General transfer balance cap set to rise to $1.7m

    into retirement phase. “Clearly, there’s very little benefit for anyone that started a pension with $1.6 million in the last three years and have used their full cap,” Mr Miller clarified. “Even if they were to commute and try and start again, they’ve...

  3. Proposed ATO penalty regime faces backlash

    was one of 28 recommendations contained in the independent review of the Tax Practitioners Board that was released late last year. The review, chaired by Keith James, argued that the current tax system was ineffective in targeting tax practitioners who...

  4. PM implored to consider JobKeeper extension for aviation industry

    “our critical aviation industry remains intact and retains its highly trained, skilled workforce”. He stressed that the last 12 months had been extremely difficult for the sector, with some 11,000 workers lost due to redundancies, with a further 2,500...

    • Type: Article
    • Author: Cameron Micallef
    • Category: Regulation

  5. One-off travel agent grant sees $33m paid out

    turnover of between $50,000 and $20 million in the 2019 calendar year. The $128 million grant program opened on 14 December last year and has so far seen around $33 million paid out ahead of its 13 March end date. Minister for Trade, Tourism and...

  6. Former Sydney liquidator pleads guilty to fraud, dishonesty

    Young, of Lewisham, New South Wales, was a former registered liquidator who saw her registration cancelled by ASIC in June last year, after a disciplinary committee concluded that she had improperly used her position, falsified books and misappropriated...

  7. ‘Back to the drawing board’: CPA Australia pours cold water on new tax deduction

    jobs, with the proposal criticised for failing to target those who need it the most. The government’s proposal, announced in last year’s federal budget, aims to tackle a rapidly evolving labour force in the wake of the COVID-19 pandemic by encouraging...

  8. ATO urged to clarify JobKeeper repayments tax treatment

    to return JobKeeper payments, the Tax Office has been urged to confirm if such voluntary repayments are tax-deductible. Last week, Toyota Australia announced it had approached the ATO to return more than $18 million in wage subsidy payments after...

  9. Ongoing and Changing Security Needs in the New Normal

    the following basic measures: Be aware of the latest security trends. Albarella says scammers' focus has been fluid over the last several months. Whereas the focus during the early stages of the pandemic was on targets seeking virus-related information...

  10. Education, training deduction claims to widen under proposed change

    training outside their chosen careers, as the government mulls changes to the current tax system. The changes, announced in last year’s federal budget, are intended to encourage individuals to retrain and reskill to support their future employment as an...

  11. Super Retail Group hands back $1.7m in JobKeeper subsidies

    and were claimed for staff at Macpac during the first phase of the program. Macpac had operated 72 stores by the end of last June. “From our team member and customer perspective, we just took the view that it was the right thing considering the scale of...

  12. Accountants brace for more after a ‘really tough year’

    and the uncertainty is still there,” said Ms Anderson, director of Anderson Tax & Consulting. “The desperation has now lasted longer.” ‘Stretched ethically and morally’ Ms Anderson believes a combination of uncertainty caused by snap lockdowns, border...

  13. ATO tipped to be ‘unshackled’ in 2021

    of its $53 billion debt figure.” While the ATO had pledged to begin with a “really soft re-engagement on debt” in September last year, Mr Blow expects the approach to change over the new year. “This current tax and stimulus nirvana cannot last forever,”...

  14. ‘No demand shortage’: Predictions for the profession in 2021

    complete their FASEA exam, a single disciplinary body will be legislated, FASEA is being wound up, a compensation scheme of last resort is touted, and they may face increased fees under the ASIC funding model,” she said. “It will come as no great...

  15. TPB issues reminder over PI insurance

    their professional indemnity insurance details, following several law changes that kicked in over the new year. Early last year, the TPB temporarily waived the requirement to complete annual declarations if they were due on or before 30 June 2021, in...

    • Type: Article
    • Author: Reporter
    • Category: Business

  16. Toyota returns $18m in JobKeeper payments

    it has approached the ATO to return more than $18 million in JobKeeper payments after a spike in sales towards the end of last year. Toyota Australia president and CEO Matthew Callachor said the move was the “right thing to do as a responsible corporate...

  17. Payment times improve despite COVID-19 threat

    but new data suggests business failures will continue to trend upwards over the next 12 months. CreditorWatch’s data for the last month of 2020 found that over three quarters of industry groups had reported a reduction in payment times. The transport,...

    • Type: Article
    • Author: Reporter
    • Category: Business

  18. Scaled and limited advice hampered by ‘confidence issue’

    and insurers has left advisers uncertain about their ability to provide limited advice, says a technical expert. In November last year, ASIC released Consultation Paper 332, which is aimed at exploring some of the problems associated with providing...

  19. Businesses from ‘accountants to zoos’ demanding end to JobKeeper: Acting PM

    incomes by around $7 billion. “$7 billion has flowed through the tax cuts to the pockets of Australian families over the last six months and more than $1 billion a month will be flowing over the next nine months,” Mr Frydenberg said. “Household...

  20. ‘Consistent approach’ critical to reforming SMSF advice model

    this area must ensure a “consistent consumer experience” regardless of what type of professional a client sees. In November last year, the government stated that it would support, in principle, a recommendation from the review of the Tax Practitioners...

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