Assuming last is required, the following 4026 results were found.

  1. AAT refuses long-standing tax agent’s application ‘in public interest’

    debt and $515,705.05 in Client Activity Centre debt. The company had owed a CAC debt continuously since May 2007, and the last payment towards it was $226.73 in July 2018. Mr Coogan also failed to pay five Director Penalty Notices (DPN) totalling...

  2. Professional associations hit back at TPB registration proposal

    registration pathway for its members, pushing back on suggestions to follow developments in the financial planning space. Last week, Treasury released a discussion paper on its independent review of the Tax Practitioners Board, suggesting a lift in...

  3. Inappropriate accounting treatment dominates ASIC results

    to focus on the impact of the new accounting standards on revenue and financial instruments, repeating its previous warnings last year. It also previously announced its focus for 30 June 2019 financial reports, with new accounting standards on revenue...

  4. ICB questions diploma-level entry qualification proposal

    instead, argues a professional association. In a discussion paper on the review of the Tax Practitioners Board, released last week, a consultation point raised the question of whether the primary educational qualification for a BAS agent should be...

  5. Federal Court shoots down Sydney accountant’s ban appeal

    TM Index). Mr Wang brought his appeal to the Federal Court after the Administrative Appeals Tribunal affirmed the decision last year. In dismissing Mr Wang’s appeal, the Federal Court upheld the AAT’s findings that Mr Wang had a dishonest state of mind...

  6. ASIC commits to naming and shaming largest audit firms

    across the six largest firms. It will also shorten the time frame for its next inspection period, with results for the last 12 months set to be released by the end of the year, down from the usual 18-month period. “ASIC acknowledges that while audit...

  7. MYOB CEO Tim Reed steps down

    online classifieds company Scout24 AG, will succeed Mr Reed as chief executive from 16 September. Mr Reed, who has spent the last 16 years at MYOB, including 12 years as chief executive, will continue to support MYOB’s business strategy in the role of...

  8. Unregistered agent arrested as Treasury considers new TPB sanctions

    said the case demonstrated the ability for various agencies to work together to crack down on unregistered preparers. Late last month, the ATO said it was concerned about the number of people claiming to be tax agents, often promising refunds that sound...

  9. Timing issues highlighted with private company share transfers

    enforce ownership, that’s transfer of beneficial ownership,” he told delegates at the SMSF Association Technical Day last week. “The ATO will accept that if that happens before the time you update the share registry, then that’s the time of the...

  10. Pressure mounts for tertiary providers to review accounting education

    will not be adequate for the next decade. The accounting education landscape has attracted a lot of attention over the last few years, with universities conceding that a typical three-year undergraduate program is insufficient in ensuring graduates are...

  11. Senate establishes inquiry into audit quality

    the regulation of auditing in Australia has now been established, as questions over audit quality continue to be raised. Last week, the Senate voted to establish an inquiry into the regulation of auditing, with the Parliamentary Joint Committee on...

  12. Fair Work conducts surprise raid on Chapel Street bars

    help us get to the bottom of serious allegations. “We will carefully review the evidence we have gathered, including during last night’s audits, to determine if there are any breaches of Australia’s workplace laws. “If we do uncover breaches, we will...

  13. CA ANZ launches summer internship placement program

    mid-tiers and corporates — over a three- to 12-week block during summer. The program saw 233 students placed with firms last year, with 70 per cent continuing on with their employer in an ongoing position after their placement. The Achiever Programme is...

    • Type: Article
    • Author: Reporter
    • Category: Business
  14. ‘Onerous’ SG regime called for urgent rethink

    to review the SG regime to ensure a measured approach is used to deal with employers who fall behind on their obligations. Last week, the government introduced Treasury Laws Amendment (2018 Superannuation Measures No. 1) Bill 2019, which crucially left...

  15. Up to 9 in 10 ‘other’ expenses adjusted as ATO reveals dodgy claims

    Close to 90 per cent of claims in ‘other’ deductions were adjusted last year as the ATO reveals a number of unusual claims it disallowed, including a $58,000 wedding. ATO assistant commissioner Karen Foat has revealed that nearly 700,000 taxpayers...

  16. Government set to introduce $10k cash limit from 1 Jan 2020

    services across the economy as it hopes to tackle tax evasion and black economy behaviour. Announced in the federal budget last year, the proposed measure looks to make it a criminal offence for businesses to make or accept a cash payment of $10,000 or...

  17. ‘Why has it taken so long?’: Government pressed to close SG loophole

    a loophole that could be used by employers to short-change employees who choose to make salary sacrifice contributions. Last week, the government introduced Treasury Laws Amendment (2019 Tax Integrity and Other Measures No. 1) Bill 2019, with one of the...

  18. Moore Stephens looks to challenge big four with legal expansion

    by Moore Stephens International Limited (MSIL), with the Australian arm now part of the greater Asia-Pacific region. The last financial year also saw a record number of accounting graduates recruited across the network, with 40 graduates joining. Mr...

  19. The value proposition of an accountant

    years, and many do more than that if they have other designations. An area of concern that has been in the media in the last week, and a possible reason for the widespread variation of pricing for accounting, tax and BAS services, are the number of...

    • Type: Article
    • Author: Amanda Gascoigne, Amanda Gascoigne Consulting
    • Category: Business
  20. Foreign resident CGT law rakes in over $1bn

    in CGT assessments have also been captured in compliance and engagement activity by the Tax Avoidance Taskforce over the last two years, including $290 million in cash collected through the government’s focus on property and other asset sales by...