Assuming last is required, the following 4064 results were found.

  1. TPB highlights area of focus for tax time 2018

    TPB chair Ian Taylor said the ATO’s focus on clothing and laundry expenses is “fair” considering the number of claims seen last year. “One of the real areas that Chris Jordan has pointed out is that at the moment there is the ability that there is no...

  2. CPA announces new chief executive

    CPA Australia has announced its new chief executive, following the sacking of former leader Alex Malley last year. The association has this afternoon confirmed Andrew Hunter, who was most recently managing director and CEO of the Export Finance and...

  3. Let dodgy clients go: TPB lays down law for tax agents

    at the Accounting Business Expo, TPB chair, Ian Taylor said that while comments made by ATO commissioner Chris Jordan last week had rightly caused angst within the community, it was a timely reminder for registered tax agents to remember their...

  4. New requirements now in full swing for bookkeeping software

    of new multifactor authentication requirements, in light of the changing security framework for their software providers. Last month, the ATO released its Operational Framework for Digital Service Providers (DSPs) as part of its response to the business...

  5. KPMG spies app fatigue in accounting

    counterproductive and are sparking scepticism and fatigue in accounting circles, according to KPMG. Research from Deloitte last year shows apps lead the way when it comes to core business and social behaviours like networking, with 79 per cent of mobile...

  6. $4m penalty issued in R&D tax case

    miss out. “There is this constant tweaking. It causes instability in the market because people just don’t know if it’s the last change and if it’s stable. How do you budget your five or six-year innovation spending like that, what does the roadmap look...

  7. Upcoming budget tipped to target popular deductions

    I wouldn’t be surprised at all if it used the upcoming budget to come down hard on work-related expenses,” Mr Drum said last month. [email protected]

  8. Accountants spy elder abuse spike as mortgage stress sets in

    looking to risky tax strategies to boost their repayment capacity. Research house Digital Finance Analytics (DFA) late last year showed about 29.7 per cent of households — 921,000 — are under “mortgage stress.” About 24,000 households are under “severe...

  9. Government, ATO cash blitz tipped to raise $5bn

    may be substantially greater. Other taxation revenue for the states and territories would be a further natural consequence.” Last year, the government’s Black Economy Taskforce released a consultation paper detailing potential policy ideas to stamp out...

  10. Tax office releases new cryptocurrency updates

    that may arise through profits derived from cryptocurrency investment,” an ATO spokesperson told Accountants Daily late last month. The ATO will be using its existing and standard processes to address unexplained wealth and “conspicuous consumption”...

  11. 'You can't put a firm in jail': ASIC backs its compliance approach

    to respond to misconduct in the sector, with a taskforce having completed a review of ASIC’s enforcement regime late last year. “There are significant parts of our legislation where the penalties are frankly inadequate and that's why there has been a...

  12. ATO trials new compliance tool for SG payments

    ATO-initiated cases. This represents a 105 per cent increase from the 3,238 cases that were completed in the same period last year. “We have raised a total of $110 million from ATO-initiated cases compared with $73 million for the same period last year....

  13. STP implications for 2018 returns

    tax agents have been able to rely on the paper PS, which was often given to the employee within a few days of the last pay for the year. For instance, if the last fortnightly pay was on Thursday, 21 June, the PS might be handed out on Monday, 25 June,...

  14. ‘Really disappointing’: Chris Jordan lashes out at tax agents

    Mr Jordan said his disappointment with the industry was exacerbated following comments from the tax community on the ATO’s last practitioner webcast. “One of the comments made during the webcast was ‘I would say if you don’t claim the $300 deduction for...

  15. MYOB announces trial launch of STP product

    of that is making sure our customers have plenty of time to test out the new technology before the reporting deadlines.” Last month, MYOB chief executive Tim Reed said he was confident of his software being “ready to go” for the bulk of its user base,...

  16. ATO issues fresh bitcoin warnings as scams surface

    office had identified fraudsters demanding bitcoin or other cryptocurrencies as a form of payment for fake tax debts late last year. “We became aware of scammers seeking payment in bitcoin last year. So far we have seen over $50,000 paid in bitcoin to...

  17. Licensing arm poses another big conflict for CPA

    and standards, will be retired by December this year. CPA Australia confirmed the phaseout in its candidate handbook late last year. Accountants Daily understands several training providers in the market have had to reconsider their offerings in...

  18. Tax Institute announces shake-up of vision, objectives

    professional success”. Mr Lendrum replaced long-serving chief executive Noel Rowland, who resigned suddenly in September last year. “This is already evident in the launch of the Women in Tax National Congress and the Women in Tax website, designed to...

  19. Specialist, in-house tax roles in high demand for first quarter

    Daily, Brewer Morris partner Mark Pryor said his firm has seen the busiest start to the first quarter of the year for the last three years, mirroring the increased demand for specialised tax roles in the industry. “I think overall, over the last few...

  20. CA puts permanent timetable changes to board

    and now in 2018 are triggered by an overhaul of the CA Program’s timetable, which switched from semesters to trimesters. Last year’s fix of a supplementary term was a “backstop” measure, Mr Carpenter said, which required manual processing of affected...