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

  1. Former MYOB boss appointed as Business Council president

    the announcement, Mr Reed said it was necessary to revisit the tax cut debate despite the Turnbull government dumping plans last year. “I don’t think it’s politically toxic,” Mr Reed said. “I think once we got out there and actually talked to the...

  2. Do your business clients have an exit plan in place?

    Last weekend, viewers all over the world sat on the edge of their couch waiting to see which of the four Roy children in HBO’s dramedy Succession would inherit their father’s media conglomerate. While made with dramatic effect, this scenario can play...

    • Type: Article
    • Author: Jeremy Jones, Pitcher Partners
    • Category: Business

  3. ‘Community expectations have changed’: TPB signals new regulatory focus

    Tax agent terminations spiked by 208 per cent in the last financial year, with complaints and referrals increasing by close to 30 per cent as the Tax Practitioners Board ushers in a new era of regulation. Total sanctions against practitioners jumped by...

  4. ‘For God’s sake, leave super alone!’: Bill Kelty

    trade unionist, Labor Party member and former RBA board member Bill Kelty noted that “not one word was said in the last election about moving super to 12 per cent”. “Not a single word from any candidate anywhere in the country, to the best of my...

    • Type: Article
    • Author: James Mitchell
    • Category: Super

  5. ‘Wage theft’ leaves workers $40m poorer

    Australian businesses shortchanged their employees by more than $40 million last financial year, despite a staggering number of visits to the ombudsman’s website and pay calculation tools. Releasing its annual report, the Fair Work Ombudsman (FWO)...

  6. $16bn: Small business owes ATO big

    Almost one in five Australian SMEs entered into payment plans with the ATO last financial year, as they struggle to pay a collective tax bill of over $16 billion. Sail Finance recently revealed the findings of a sample poll of finance brokers it had...

  7. ‘Obligation to be 24/7’: ATO pressed to reduce maintenance downtime

    The ATO has recorded a 99.5 per cent digital system availability result for the last financial year, but frustrations over routine planned maintenance continue to fester. According to the ATO’s annual report, the availability of its digital systems for...

  8. Tax agents are not ‘abusers’ of the tax system, says association

    work-related expenses, arguing that practitioners are doing their best to navigate an increasingly complex tax system. Last week, TPB chair Ian Klug revealed plans to target 2,000 “highest risk practitioners”, after its analysis showed that they were...

  9. CA ANZ, CPA reveal advice advocacy plans

    to the return of the accountants’ exemption in its joint submission to Treasury’s review of the TPB with CPA Australia last month. In a recent Accountants Daily Insider podcast, CPA head of public practice Keddie Waller shed further light on the...

  10. ATO knuckles down on cash-only businesses

    education seminars for SMEs at each of the locations visited. Not the first time ATO expressed cash concerns In July last year, the ATO revealed the findings of research it had commissioned into the use of cash by Australian consumers, which labelled...

  11. Tax Office issues reminder as lodgement deadline approaches

    is encouraging people to take advantage of potential refunds by lodging their return or engaging a tax agent by 31 October. Last year, around 475,000 taxpayers who completed their own return lodged late. Of these late lodgers, over 300,000 had been...

    • Type: Article
    • Author: Reporter
    • Category: Tax

  12. Xero scores biggest migration with mid-tier deal

    Australian customer after the South African cloud practice management software provider entered the Australian market last year. The agreement will cover RSM’s 30 offices across the country. The mid-tier firm is the nation’s ninth-largest accounting...

  13. SMSFs next in line for ATO’s super guarantee focus

    are contributing and what they are actually paying. SuperConcepts executive manager Philip La Greca believes SMSFs are the last piece of the puzzle, with the ATO set to target the sector next. “As part of the push for integrity and accuracy for the...

  14. ‘Unprecedented level of visibility’: ATO announces first use of STP data

    SG audit work Mr O’Halloran was also keen to tout the ATO’s ongoing SG audit work, with 27,000 SG cases completed over the last financial year. Of those, 22,000 employers were contacted and the ATO raised assessments for $805 million in outstanding SG....

  15. Precision needed to meet CGT on small business concession rules

    powerful tax and superannuation planning opportunities for small businesses. However, since legislation was introduced last year to include extra tests and conditions to access the concessions, you need to use surgical precision to ensure your clients...

    • Type: Article
    • Author: Thomson Reuters
    • Category: Business

  16. Permanent STP quarterly reporting concession floated to ATO

    reporting space demonstrating that the ATO has the “appetite” to adopt new concessionary measures. “If you look at the last six months, they brought it in for closely held, they brought it in for this two-year transition phase for micro businesses that...

  17. ATO letter campaign around SG obligations set to debut

    have not met their obligations.” Accountants Daily understands these letters will be sent directly to employer clients. The last letter campaign sent by the ATO, around SMSF investment strategies, was not well received by recipients, with some lamenting...

  18. Insolvency practices set to undergo ombudsman inquiry

    Enterprise Ombudsman (ASBFEO), suggested that scrutiny of the sector is long overdue, and should have been done as part of last year’s banking royal commission. “Unfortunately, the banking royal commission wasn’t asked to look at the role of insolvency...

  19. Wage theft claims ‘demonising’ bosses

    of awareness that payroll systems needed to be updated in line with a law change, adding that “punishment should always be a last resort”. “Creating new penalties and offences is a knee-jerk reaction, and often just a cop-out for governments who want to...

    • Type: Article
    • Author: Naomi Neilson
    • Category: Business

  20. ATO marks 20-year milestone

    marked 20 years the ATO has spent as the SMSF regulator, during which time it has worked to protect the sector. Over the last two decades, the ATO noted it has disqualified approximately 3,500 SMSF trustees, issued 2,400 undertakings to trustees and...

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