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

  1. ‘Clear message’ to accounting firms with first-of-its-kind penalty

    Circuit Court found it facilitated underpayments by its client, fast food operator Blue Impression. In a statement released last week, the regulator said “trusted advisers” will be targeted where they are knowingly involved in the exploitation of...

  2. Big four firm tips ‘natural appetite’ for more regulation

    of ASX 200-listed companies using the principles of integrated reporting in their annual reports has almost doubled over the last year, which is likely to pave the way for more regulatory standards professionals need to meet, according to a big four...

  3. Victorian winners announced for inaugural awards

    Awards. The recipients of the inaugural, state-based SMSF and Accounting Awards were announced at a function in Melbourne last night to a crowd of 200 guests. The full list of winners can be accessed here. The awards event followed the SMSF Summit...

    • Type: Article
    • Author: Reporter
    • Category: Business

  4. How small businesses will be affected by changes to family trusts tax

    from The Australia Institute suggests family trusts have assets of more than $3 trillion and a revenue of $350 billion last year alone. This isn’t surprising given the same report showed more than 21 per cent of Australia’s national income is funnelled...

  5. ATO adds new ‘paper shuffling’ tax schemes to official watch list

    component of their fund balance will also be added. These arrangements have been of concern to the tax office since last financial year at minimum, but adding them to this list signals a considered focus, and is an official warning to professionals who...

  6. Demand lifts in 2017-2018 for short term finance to cover crises

    Morello said “Many of the clients who come to us are experiencing very oppressive conditions placed on their loans at the last minute, which simply can not be met. “For example we have just provided a $13 million loan, secured via a first mortgage,...

    • Type: Article
    • Author: NWC Finance
    • Category: Business

  7. New reporting regime tipped to expose old accounting habits

    with accountants on a daily basis, revealing certain habits that may be detrimental when the new reporting regime kicks in. Last week, the ATO announced that from 1 July 2018, SMSFs that have members with total superannuation account balances of $1...

  8. Former director, COO, charged for conspiracy to deceive auditors

    the books and records of Hastie Services and one charge of conspiracy to give false or misleading information to an auditor. Last month, the former chief financial officer of Hastie Services was sentenced to two years’ imprisonment, to be served by way...

  9. Firms in the dark on salaries, faltering on staff incentives

    per cent of SMEs don't have any strategies for staff attraction, retention or motivation, which has fallen 4 per cent since last year. Twenty per cent of SMEs reported not knowing how their wages compared to average industry wages, and less than half...

  10. Check income streams to avoid new tax ‘disappointment’, says mid-tier

    in light of legislation aiming to tax these organisations at a higher rate if a bulk of their income is deemed passive. Last month, the government introduced a bill clarifying that a company will not qualify for the lower company tax rate of 27.5 per...

  11. ‘Not the universities’ teaching accounting grads

    candidates are increasingly looking to external sources to “fill the gaps” between their education and job-ready skillset. Last week, the UNSW Business School said a typical three-year program is insufficient in preparing undergraduates to be fully ‘job...

  12. Generational barriers persist in clients’ push to freelancers

    in comparison to 40 per cent of business owners over 40. About 89 per cent of SMEs that had used a freelancer in the last six months said they are likely to hire a freelancer again, with younger business owners 34 per cent more likely than their...

  13. ATO locks in new reporting requirements

    When the idea of excluding SMSFs with lower balances was first floated by outgoing ATO director Howard Dickinson last month, concerns were raised about the administrative burden of having carve-outs for some clients and not others. In response, deputy...

  14. Accounting software firm announces new partnership

    a partnership with AusDocsOnline, to expand its offerings to include legal documents. The new alliance follows a deal last month to boost Reckon’s services to include stock and inventory management. The partnership will see access to over 500 legal...

  15. How artificial intelligence is transforming the healthcare industry

    being displaced by them. Roy believes even if full automation becomes possible in the future, healthcare will be one of the last industries where it will be embraced. “Diagnostic imaging technology exists right now that will identify tumours earlier and...

    • Type: Article
    • Author: Macquarie
    • Category: Business

  16. Wealthy clients in ATO's sights with reserves move

    towards anyone's transfer balance cap, or total super balance,” Ms Macfarlane told delegates at the SMSF Summit in Sydney last week. “From our perspective, it's too early to tell at this stage whether or not that is actually playing out in reality and...

  17. ‘Extended ATO delays’ expected to increase in wake of data spill

    consequences of this, as the ATO directs resources to the investigation. The ATO suggested in its annual report, released last week, that its debt-collection activities were hampered by the imperatives of other compliance investigations. “Taxpayers...

  18. ATO set to visit practitioners to fix troubled SMSFs

    years of outstanding SMSF annual returns,” said ATO assistant commissioner Kasey Macfarlane at the SMSF Summit in Sydney last week. “Our first response will be to work with SMSF trustees and their advisers to support them to bring their lodgements up to...

  19. ATO set to investigate leads in tax data reveal

    and Collaboration (JITSIC) is already collaborating within existing legal frameworks following the statement by Appleby last month,” he said. “We anticipate further data may be published by the ICIJ and the ATO will continue to work closely with other...

  20. MYOB user fury continues following upgrade push

    community forum. “MYOB reps are still telling people they must upgrade.” This is creating confusion given MYOB’s statement last week, in which it said there will be no forced upgrades, and users will still be able to access files if they elect to stay...

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