Assuming last is required, the following 4025 results were found.

  1. ATO on the hunt for 60,000 TPAR businesses

    More than one in five businesses required to lodge a taxable payments annual report for the last financial year have yet to do so. The ATO estimates that around 280,000 businesses are required to lodge a taxable payments annual report (TPAR) for the...

  2. Firms to ‘strongly encourage’ staff to get jabbed

    with all relevant information.” Businesses were advised by the Fair Work Ombudsman (FWO) and Safe Work Australia (SWA) last week to assume that employee vaccinations aren’t required, and that mandating them could expose businesses to charges under...

  3. Illegal early access to super scheme sees financial adviser charged

    20 years in prison for operating an illegal early access to superannuation scheme. Fronting the Victorian Magistrates’ Court last week, Ahmed Saad, a Glenroy financial adviser, was charged with two counts of deception following an ASIC investigation and...

  4. What’s Happening to Small Business Loans in Australia: Will 2020 Crisis Continue in 2021?

    and it’s not clear when it will get back to the pre-pandemic level. Experts state that this economic recession will last for a long time. Therefore, this situation isn’t going to improve soon. Unemployment. Recent reports state that the unemployment...

    • Type: Article
    • Author: Galyna Bulatseskul
    • Category: Business
  5. ATO tipped to pounce once JobKeeper ends

    options before the ATO moves on recouping debts. “While the ATO has been very quiet for almost 12 months, that won’t last,” said Bradd Morelli, national managing partner at Jirsch Sutherland, a national insolvency firm. “And that’s when we expect to see...

  6. Harvey Norman hangs on to JobKeeper as profits double

    The company had previously revealed that it received $7.6 million in wage subsidies for Harvey Norman franchisees in the last financial year, but failed to disclose recent payments in its latest half-year report. When queried by 3AW’s Tom Elliott on...

  7. Graduates encouraged to look to ‘competitive’ smaller firms

    in lieu of traditional graduate intake schemes. Following a hiring slump of about 60 per cent across the sector in May last year, job postings are edging towards pre-pandemic levels, with listed openings currently sitting 2.3 per cent below what they...

  8. ATO’s good-faith approach to crypto won’t last much longer

    The ATO has maintained its good-faith approach to the accounting of cryptocurrencies, though it isn’t expected to last much longer, says a national tax and accounting network. Speaking to Accountants Daily, H&R Block director of tax communications Mark...

  9. KPMG offers COVID-19 ‘thank-you payment’, repays portion of salary cuts

    better-than-expected half-year figures would enable it to repay staff pay cuts introduced during the height of COVID-19 last year. The big four firm’s staff saw a 20 per cent pay cut for four months running from May to August 2020, but the firm...

  10. Government urged to get the ball rolling with Division 7A

    and tax bodies will reveal similar calls for the government to address the operation of Division 7A, following a decision last year to further defer the start date for proposed amendments to an income year on or after legislation receives royal assent....

  11. Receipt Bank announces global rebrand

    Xavier, a tool that detects errors and anomalies in business data within accounting software, was acquired by Receipt Bank last year. Dext chief executive Adrian Blair said the new identity comes after the company added 250,000 users over the past 12...

  12. CountPlus sees profits jump following recent acquisitions

    he said. CountPlus will pay a fully franked dividend of 1.25 cents per share at 1H2021, consistent with the same period last year.

    • Type: Article
    • Author: Jotham Lian
    • Category: Business
  13. Accountants foreshadow ATO compliance storm

    recommencement of ATO audit and debt activity as recent signs point towards a renewed approach to compliance-related work. Last year, the ATO made a “conscious choice” to pause its debt, audit and lodgement work at the height of COVID-19, ultimately...

  14. SMSF accounting and audit firms handed fresh resource on independence changes

    choose between non-assurance services including tax and compliance advice, and audit services. While the changes kicked in last year, the ATO has committed to adopting an educative approach during the current financial year to allow firms to restructure...

  15. Businesses can’t force staff to be vaccinated: Fair Work

    employees to be vaccinated,” Christian Porter, Attorney-General and Minister for Industrial Relations, said in a statement last week. “As the Prime Minister has said many times, the government expects that the overwhelming majority of Australians will...

  16. ATO sounds alert over new ‘alarming’ TFN scam

    “We’re seeing that instead of scammers asking for a specific amount of money, they’re requesting victims to transfer every last dollar in their bank account. “What’s most malicious is that, in some cases, these scammers are stealing money under the...

  17. Tax administration lessons learnt from COVID-19 (and promptly forgotten)

    family dealings. A draft tax ruling exists, but few have seen it. The commissioner delayed the release of draft ruling last year, ostensibly because of COVID-19. Meanwhile, some of these section 100A audits are now entering their third year. The anxiety...

    • Type: Article
    • Author: David Hughes, McCullough Robertson Lawyers
    • Category: Tax
  18. ‘One of the best courses’: Accountants mental health training launches

    sung high praises of the initiative, labelling it as one of the best courses she has completed. “Just coming off the back of last year, the level of content was spot-on and very timely,” Ms Lawrance told Accountants Daily. “There was a lot of value in...

  19. The biggest financial challenges faced by ASX listed businesses and how to overcome them

    Find the solution that will enhance your client relationships as a professional service provider. The last two decades has seen a dramatic shift in the financial landscape for ASX listed companies, where businesses are beginning to recognise outdated...

    • Type: Article
    • Author: Orb Alternative
    • Category: Business
  20. ATO to claw back $155m in JobKeeper overpayments

    be pursued for repayment. The new figures, revealed by ATO second commissioner Jeremy Hirschhorn at a parliamentary hearing last week, come as the total taxpayer bill for the wage subsidy program has risen to $83 billion since its introduction last...