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Assuming last is required, the following 3591 results were found.

  1. Victorian budget fails to save GP clinics from ‘payroll tax fiasco’

    practice groups have warned. The payroll tax landscape for general practices changed substantially across numerous states last year after a final ruling by the NSW Court of Appeal in 2023 deemed independent practitioners as employees for payroll tax...

  2. The latest on payroll tax and the issues impacting medical practices

    audit risks facing medical and allied health practices following the rulings that were issued by various revenue offices last year and what firms need to be doing now to manage these risks. Lancaster also sheds light on other payroll tax issues being...

    • Type: Article
    • Author: Jessa Sargento
    • Category: Tax

  3. RBA unlikely to change course until next year, economists predict

    CPI readings before adjusting its course". "The central bank maintains a neutral stance, a touch more hawkish than the last one but retaining maximum optionality while closely monitoring global and economic developments," she said. Shivadekar said the...

  4. Victorian budget offers ‘little support’ to struggling businesses: CPA

    businesses. “While the government will continue with its proposed increases in the payroll tax threshold announced in the last budget, the threshold at which Victorian businesses start to pay payroll tax still remains the lowest in the country,” it...

  5. Hassle-free migrate from Sage Business Cloud Accounting clients to Intuit QuickBooks

    is the norm We are consistently developing the Australian offering, including two new product releases in just the last year. The QuickBooks platform now includes tax and practice management functionality and we're continually preparing our products to...

    • Type: Article
    • Author: Intuit QuickBooks
    • Category: Business

  6. $3m super tax likely to progress ‘warts and all’, IPA warns

    on the growth of super balances exceeding $3 million was referred to the Senate Legislative Economic Committee in December last year, with the Committee due to report back at the end of this week. Despite the extensive advocacy work undertaken by the...

  7. Big 4 partnership caps under consideration by Treasury

    the quality of audit services provided by the big four have raised the temperature on the competition challenge. In its last audit quality report published in October 2022, ASIC said half of Deloitte’s reviewed audits were deficient, meaning its...

  8. ATO to be given ‘notice to produce’ powers under proposed changes

    investigations for tax-related criminal offences in a recent consultation. The government released a consultation paper late last week examining the ATO and Tax Practitioners Board's (TPB) information-gathering powers and whether improvements need to be...

  9. Xero price hikes could trigger shift to other platforms, says Reckon CEO

    can least afford it, says Reckon chief Sam Allert. Xero announced price increases across a range of its software services last week, with its payroll-only plan increasing from $15 to $20 a month (a 33 per cent increase), the standard plan increasing...

  10. ATO to crack down on rental income, WFH deductions this tax time

    trip up on changes to the fixed rate method of calculating a WFH deduction after more than 4 million people claimed one last year. The 80c shortcut method, introduced during COVID-19, finished at the end of FY22 and a revised fixed rate method was...

  11. Accountant shortage, knowledge gap a ‘grave concern’ for leaders

    who wish to collaborate with the business.” Overcoming skills shortages has been front of mind for many leaders over the last couple of years. Similarly, the finance knowledge gap is quickly becoming a significant issue, prompting intervention from...

  12. ‘The final straw’: Xero users baulk at another price hike

    draws storm of criticism after jacking up plan fees for the second time in a year. Accountants and business owners have blasted Xero’s pricing and services after the software giant announced it would be raising fees for the second time in a year. Price...

  13. Power to name and shame late payers is excessive, biased: Ai Group

    forms of legislation,” it said. The government has pursued the reforms following a review of the Payment Times Reporting Act last year which found the regime was “impenetrable” and “poorly functioning”. Small business advocates believe the long-awaited...

  14. TPB to implement safeguards against ‘vexatious breach reports’

    practitioners for significant breaches and the potential for vexatious reports to be made since the reforms were legislated last year. From 1 July 2024, registered tax practitioners will need to comply with additional breach reporting obligations under...

  15. TPB releases draft guidance on breach reporting obligations

    or the opinion of others without being substantiated will not be based on 'reasonable grounds’.” Since they were announced last year, CPA Australia said there has been considerable confusion and uncertainty around how the obligations will work in...

  16. Australians hit with biggest income tax increase in OECD

    and middle-income earners the most. Australians shouldered the biggest increase in income tax rates in the developed world last financial year due to bracket creep and the end of the LMITO, according to a report from the OECD. In the financial year...

  17. Family preferred to accountants for money advice, survey finds

    of 1,991 respondents aged between 18 and 65 in a nationally representative sample, conducted between November and December last year. Respondents were asked questions about financial literacy and attitudes towards money management and home ownership....

  18. Vacancy tax expansion: Getting your house in order by 1 July

    The vacancy residential land tax (VRLT) was expanded late last year to apply to all residential land in Victoria and not just specific inner suburbs within metropolitan Melbourne. The expansion commences from 1 January 2025, and applies the VRLT based...

  19. Government shirks big 4, senator calls for government consulting revamp

    to government consulting engagements as the Department of Finance continues to review PwC's government contracts. “The last year has revealed serious weaknesses in the regulation and enforcement of external contacts with the Commonwealth government,”...

  20. Higher-than-expected inflation figures to delay rate cuts, say economists

    2024 quarter. While prices continued to rise for most goods and services, annual CPI inflation was down from 4.1 per cent last quarter and has fallen from the peak of 7.8 per cent in December 2022,” said Marquardt. AMP deputy chief economist Diana...

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