Assuming last is required, the following 4028 results were found.

  1. ‘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...

  2. 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...

  3. 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
  4. 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...

  5. 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....

  6. 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
  7. 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
  8. 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...

  9. 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...

  10. 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...

  11. 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...

  12. 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...

  13. 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...

  14. Viable businesses should ‘focus’ as Australia braces for insolvency bump

    tipped to pivot to a post-pandemic compliance crackdown. “While the ATO has been very quiet for almost 12 months, that won’t last,” he said. “And that’s when we expect to see the insolvency wave building.” The ATO’s debt book grew to $53 billion over...

  15. A CFO’s guide to the biggest financial questions of 2021

    growth strategies which arrive out of impetus for change. Strategic growth strategies which have been put on hold for the last year, but already approved at board level, are ready to be executed. Q: What are the biggest challenges as a CFO in 2021? What...

    • Type: Article
    • Author: ORB Alternative
    • Category: Business
  16. Are you engaging your clients in a compliant way?

    When was the last time you updated your engagement letter? The Tax Practitioners Board recommends engaging your clients annually, at a minimum. We know you don’t have time to formally engage your clients every year, despite the recommendation from the...

    • Type: Article
    • Author: Practice Ignition
    • Category: Business
  17. ‘It slows growth’: Morrison slams Victorian budget

    has accused the Victorian government of being “addicted to higher taxes”, after slamming the state’s budget released last week. Speaking from Hillwood Berry Farm in Tasmania, a stop on his government’s federal budget tour, Prime Minister Scott Morrison...

  18. EY appoints new strategy and transactions leader

    Cotter has been with the firm since November 2016, when she joined as an infrastructure advisory partner. She has spent the last two years as an infrastructure advisory leader, based in Sydney, and serves on the Infrastructure Partnerships Australia...

  19. BDO appoints new risk advisory services partner

    its Sydney-based risk advisory services practice. Matthew Williams joins the mid-tier firm from Deloitte, where he spent the last 24 years, 14 of which as partner. Mr Williams held a variety of roles at Deloitte. Recent years have seen him deliver the...

  20. ATO sheds light on crypto compliance focus

    quarantined. It applies for future years.” Mr O’Grady’s warnings follow the beginnings of an ATO crypto compliance crackdown last year, as the pandemic prompted a marked increase in consumer investment. The Tax Office has since allocated substantial...