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

  1. Mid-tier fast-tracks graduate training for audit season

    program for our 2019 graduates because they feel a little bit left out that they weren’t the benefactors of the SGALP last year.” Mr Shanley said that while the mid-tier traditionally relied on secondees from around the globe using the Baker Tilly...

  2. Assistant Treasurer pushed on Div 7A announcement as start date looms

    a further clarification for unpaid present entitlements to come within the scope of Division 7A. In a further development, last year’s 2019–20 budget revealed yet another deferral to 1 July 2020, with the government acknowledging that it had received...

  3. Accounting businesses more resilient, report finds

    an impact on revenue, with 42 per cent of professional services small businesses reportedly taking a $16,099 hit on average last financial year due to “poor resilience”. Poor resilience was defined as missing business opportunities for reasons including...

  4. On-demand and automated Cashflow projections for MYOB and Xero

    scenarios, Days of Cash Remaining Alexander Laureti, Partner at LMS Advisory, Parramatta, continues his story from last week about the benefits LMS obtain through Cerebiz automated cash collection system integrated with MYOB’s AE Practice Management...

    • Type: Article
    • Author: Cerebiz
    • Category: Business

  5. Practitioners potentially ‘misled’ by ATO’s JobKeeper turnover guidance

    in April for work completed in January 2020. He is also collecting cash in April 2020 for work completed towards the end of last year. Even if his normal method for reporting GST is cash and his cash received for April 2020 is up on April 2019, he will...

  6. Tax storm looms for super

    He added the government has already taken steps to reduce the costs, lowering concessional contribution caps over the last decade from $100,000 to its current level of $25,000. All superannuation payments being tax-free is expected to continue, but Rice...

    • Type: Article
    • Author: Sarah Simpkins
    • Category: Tax

  7. Professional bodies mount last-ditch deferral request

    them for the first time ever. “Our members are telling us throughout the duration of the crisis, and in particular over the last three to four weeks, that they have been inundated with pressing requirements to assist their clients access the variety of...

  8. What the EOFY will look like for accountants

    in balancing their workloads come tax time. Amanda also reflects on the extraordinary resilience of the profession over the last few months, the sorts of concerns raised by accountants throughout the coronavirus crisis, and the post-pandemic outlook for...

  9. Queensland rolls out $10k grants for small businesses

    turnover since 23 March due to the onset of COVID-19. Businesses must also have an annual turnover over $75,000 for the last financial year, have fewer than 20 employees and have a payroll of less than $1.3 million. “The grants can also be used to buy...

  10. Advice network eyes accounting firms with latest appointment

    skills and experience highlight the network’s focus on growth in the financial advice space since being bought by CountPlus last year. “For some time now, we have been talking about our commitment to growth at a time when other players have been leaving...

  11. ATO wind-up applications plunge to ‘lowest level since 2014’

    In contrast, the ATO filed an average of 155 wind-up applications per month in the February to April period for the last two financial years, and an average of 142 applications per month for the three-month period dating back to 2014. The latest...

  12. Rate of COVID-19 job losses slows

    in one of its hardest hit industries, with accommodation and food services recording a 5.2 per cent uptick in the last week of April. “The accommodation and food services industry had lost around a third of payroll jobs (33.3 per cent) by the week...

  13. Agents regain access to deceased estate data

    mid-August, following the postponement of parliamentary sittings in light of COVID-19, but a resumption of sitting over the last week saw the legislative instrument come into effect from 15 May. The change means the ATO can now legally disclose...

  14. [Webinar] An insider’s guide to building a scalable accounting business

    Accountants for this practical webinar that will help you build your growth strategy and tools for the new financial year. Last chance to register! The new financial year is fast approaching, and now is the perfect opportunity to think about your firm's...

    • Type: Article
    • Author: Practice Ignition
    • Category: Business

  15. Lodgement extensions critical as 3 out of 4 agents fall behind

    Close to three out of four tax agents are now behind on lodgements compared to this time last year, as calls for further extensions continue to ring out. A Tax & Super Australia (TSA) survey of 530 accounting professionals has found that a blowout in...

  16. How Professional Services Firms are weathering the COVID-19 storm

    competitors by providing first rate service when their clients need it most. We don’t know how long the disruption will last, or what the new normal will look like. But we do know that despite the pause on travel, the globalisation of business is here...

    • Type: Article
    • Author: MSI Global Alliance, Aus, NZ and Fiji
    • Category: Business

  17. Former ATO exec to lead tax policy at peak body

    follows closely after the Tax Institute’s appointment of prominent tax expert Robyn Jacobson as a senior advocate last week. The Tax Institute’s president, Peter Godber, said Mr Mills’ experience and stature in the profession would help ensure members’...

  18. Joint bodies look to capitalise on ASIC’s licensing ease

    accounting bodies to turn up the heat on the licensing regime, following ASIC’s temporary AFSL exemption for tax agents. Last month, the corporate regulator relaxed licensing requirements for accountants to provide advice to existing clients about the...

  19. Incoming insolvency spike could prompt bankruptcy changes

    in late March saw relief for company directors faced with insolvency and statutory demands from creditors, which is set to last until September. However, while the relief has been largely welcomed given the economic downturn brought about by the...

  20. JobKeeper documentation ‘absolutely critical’ in ATO audit

    did you establish your turnover for a particular period in 2020? How did you show that the turnover was down 30 per cent on last year?” The ATO’s recently published LCR 2020/1 has stated that the Tax Office will allow for some tolerance around turnover...

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