Assuming last is required, the following 4028 results were found.

  1. High taxes, regulation burden driving Aussie start-ups offshore, says tax specialist

    currently being taxed. "Australia has very high income tax rates. Given the changes that have occurred in the world over the last 100 years with capital becoming more productive than labour, it's probably not the best idea to tax labour heavily." "We...

  2. Negative gearing, CGT discounts supercharging housing crisis: ACOSS

    of this week that we have a broad and ambitious housing policy already and those changes aren’t part of it,” Chalmers said last year regarding housing tax reform, as reported by The Australian Financial Review. ACOSS argued that the government must...

  3. ATO issues FBT reminder as March deadline looms

    said. On 31 March, the FBT exemption for plug-in hybrid electric vehicles (PHEVs) will also end, meaning this might be the last year that employers could claim the exemption. However, an employer can continue to apply the exemption if the PHEV was used...

  4. AI strategy and quality thought leadership – why it’s crucial for modern accountants

    to the market and have a look at what's cutting edge?” Almost every time in the past, firms have decided to build. Over the last five years, I think there's been a lot of investment in big accounting firms and their own internal IT teams and they're...

  5. Tribunal affirms ATO’s view in tax residency case

    Act 1936. The Administrative Appeals Tribunal (AAT) previously handed down a decision on the same matter in February last year, ruling in favour of the Commissioner. However, the Federal Court ordered the decision be quashed and remitted the matter back...

  6. Salary battle proves tough for 70% of finance professionals: Robert Half

    that 70 per cent of finance workers said it was more challenging to negotiate a pay rise now than it was in the same period last year, with only 9 per cent of workers having reported it as less challenging and 21 per cent having noted there was no...

  7. Businesses ill-equiped to deal with rising threat of deepfake scams

    it is critical that organisations have appropriate controls and training to deal with these emerging threats. In February last year, it was reported that scammers were able to siphon $25 million from engineering firm Arup through an AI-manipulated...

  8. ATO reveals further details about monthly GST reporting push

    reporting,” he said. The ATO said this latest compliance action is part of its broader ‘Getting it right’ campaign launched last year. For this quarter, the Tax Office has also focused on the omission or incorrect reporting of income by contractors...

  9. ATO issues draft determination on dodgy circular financing schemes

    following the emergence of a tax avoidance scheme involving the early-stage investor tax offset. In a taxpayer alert issued last year, the ATO explained that the scheme promoted involves an investment opportunity in a start-up company. The scheme...

  10. Independent MPs push for indexation on tax brackets

    history and on track to exceed its highest point, notwithstanding the ‘cost of living’ (stage 3) tax cuts introduced last year to much fanfare,” it read. “With other major tax bases flat or in decline, Australia is becoming more reliant on income taxes...

  11. ATO releases decision impact statement on anti-avoidance decision

    Holding Pty Ltd v Commissioner of Taxation decision, which was handed down by the Federal Court of Australia in March last year. In its decision, the Federal Court determined that Part IVA did not apply to a scheme where the head of a tax consolidated...

  12. Accounting Conference and Expo returns for a second year in 2025

    Following a successful flagship forum last year, the ACE25 Accounting Conference and Exhibition is back for a second year in 2025. Hosted by Accountants Daily, the unrivalled conference provides a platform for the ATO and other accounting specialists...

    • Type: Article
    • Author: Arabella Walton
    • Category: Business
  13. ASIC pledges to continue online scam blitz

    accountable for their scam detection and response practices.” ASIC also outlined in its recent report that in the last six months of 2024, investigations had been increased by 31 per cent to 109 new investigations, commenced 15 new court actions and...

  14. ATO sets its sights on 22k taxpayers with high-value debts

    experiencing vulnerability, including financial abuse." The Tax Office previously issued a warning to tax agents in October last year, warning that business clients that repeatedly ignore payment reminders would be pursued with aggressive enforcement...

  15. ATO outlines focus areas for SMSF auditor compliance in 2025

    with independence requirements as part of their professional obligations. Following an increase in referrals to ASIC in the last financial year that included independence issues, the ATO will focus on auditors it considers high risk. This includes...

  16. Practitioners left in ‘uncertain position’ as TR 2010/3 unravels

    decision with the Commissioner yet to respond. The Full Court of the Federal Court dismissed the appeal by the Commissioner last week, determining that a loan, as defined in s 109D(3) for the purposes of Division 7A of the Income Tax Assessment Act...

  17. AI adoption key to unlocking long-term business profitability, survey reveals

    leaders around the world would rate AI as the most important technology over the next five years, up from 65 per cent last year, HLB Mann Judd Melbourne partner Kapil Kukreja said. “Business leaders increasingly see AI as an essential tool, not just for...

  18. Accountants must prepare for anti-money laundering reforms now, warn experts

    an effective compliant framework tailored to their practice,” they said. “It will be critical not to leave it until the last minute. If they provide a designated service before enrolling, there’s only 28 days to enrol and comply with a range of...

  19. SMSFA says it is time for government to take Div 296 ‘off the table’

    with industry on a solution to the problem the government is trying to solve. This is all that we’ve been saying over the last few years.” Burgess said the SMSFA has been a “thorn in the side of the government” since the tax proposal was released and he...

  20. Commissioner flags 'heightened risk behaviours' with SMSFs as sector grows

    commissioner Emma Rosenzweig echoed these concerns, having noted that the ATO had scaled its compliance action over the last few years to address the heightened risk. Rosenzweig warned there could be significant financial impacts for members as...