Assuming last is required, the following 4033 results were found.

  1. Landlords who ‘double dip’, fudge deductions in ATO crosshairs

    focus areas for tax time. The other focus would be incorrectly claimed WFH deductions incomplete tax returns, the ATO said last month. The most common mistake among landlords was misunderstanding what expenses could be claimed and when, especially for...

  2. City Beach founders win tax battle with ATO over $52m restructure

    in income tax over what it deemed “capital benefits” from restructuring to extinguish Division 7A loans. In a judgment last week, Justice John Logan ruled that the restructuring was not to avoid the inclusion of the $52 million dividend in their...

  3. FAAA pushes for higher education standards on new class of advisers

    of advisers to eventually make their way into providing professional financial advice. “We only put on 370 new advisers last year and we’re not going to get our numbers back to where they need to be unless something dramatic changes. But for these...

  4. Tax time confusion spikes among small business owners, survey shows

    a tax return confusing. Officeworks’ EOFY report has revealed that 93 per cent of Australians are just as confused as last year or more confused about completing their tax return. Similarly, two-thirds of small business leaders find the tax system...

  5. Retail business failure rate highlights ongoing challenges for sector

    sub-industries feeling the strain, but according to the report, those with the highest proportion of business failure in the last 12 months were: Fuel retailing (5.4 per cent) Food retailing (5.4 per cent) Other store-based retailing (4.96 per cent)...

  6. Bendel appeal could affect Section 100A approach, says ATO

    year, the ATO will continue to apply the rules of the law based on the ATO’s view established in TD 2022/11. In September last year, the Administrative Appeals Tribunal (AAT) in Bendel v FCT [2023] AATA 3074 determined that an unpaid present entitlement...

  7. CPA Australia calls for 2-year extension to stalled tax break

    in passing the measure was the latest in a “running joke” of announcing tax incentives but only implementing at the very last minute. “Businesses need to operate in an environment of certainty. Big announcements about tax incentives followed by a year...

  8. The latest updates and tips on accounting apps

    Accountants Daily podcast, where we cover everything happening in the accounting app space since March 2024. Although our last episode was just a couple of months ago, there's been a lot of changes! We aim to provide you with practical insights and tips...

  9. Getting your house in order this year end

    affairs, and those of their clients, in order before year end. As we enter the final weeks of 2023–24, this is the last opportunity to ensure your tax and superannuation affairs, and those of your clients, are in order for this income year. What we know...

  10. Instant asset write-off measure for 2024–25 introduced into Parliament

    political parties in disagreement over what the measure should be set at and what businesses should be able to use it. Last month the the Assistant Treasurer moved that the House insist on disagreeing with amendments insisted on by the Senate. The House...

  11. Over half of accounting firms to raise fees for services: Ignition

    and tax planning, you need to charge appropriately. “For BAS, it appears the overall pricing hasn't moved a lot in the last decade. I would have expected a greater percentage of firms charging more than $250.” Ignition’s APAC managing director, Dave...

  12. Fair Work Commission increases minimum wage by 3.75%

    households, continue to experience notwithstanding that inflation is considerably lower than it was at the time of last year’s Review.” Modern award minimum wages remain, he outlined, in real terms, lower than they were five years ago, notwithstanding...

    • Type: Article
    • Author: Kace O'Neill and Jerome Doraisamy
    • Category: Business
  13. IPA calls for 6-month delay to dob-in obligations

    registered tax agents and BAS agents in understanding their new obligations. Consultation for the draft guidance closed last week. Greco said that the joint bodies have collectively responded to this draft, and are now awaiting a finalised version of...

  14. Downsizer contributions can be time critical

    is still valid in that context. The other thing that is worth noting, and we've only really seen this highlighted in the last couple of years, is that the contribution itself does not have to come from the proceeds of the sale.” Dunn said this means...

  15. SME employee growth rate on ‘downwards slope’, recent data reveals

    The year-on-year employee growth rate for small business has halved since April last year, according to the latest Employment Hero SME Index. Employment Hero’s April SME Index Update indicates that the employee growth rate for SMEs has fallen from 11...

  16. Personal insolvencies rise again in March quarter

    recorded a total of 2,981 personal insolvencies in the March 2024 quarter, an increase of 19.5 per cent from the same period last year. National data shows personal insolvencies rose in all states and territories compared to the March quarter 2023,...

  17. Payment Times bill introduced into Parliament

    yesterday and overhauls the existing Payment Times Reporting Act 2020. It follows a review undertaken by Dr Craig Emerson last year into the effectiveness of the current Act and made several recommendations to improve the operation of the scheme....

  18. Government ‘failing small business’ with political games: Allegra Spender

    pending legislation relating to these key depreciation concessions for small businesses, a measure first announced in May last year. Other tax professionals have similarly labelled the situation “absurd” and are concerned the latest instant asset...

  19. From Numbers to Strategy: How Trinity Advisory Leads the Way

    Xmas Charity Lunch is one of our key initiatives, raising substantial funds for the FNQ Hospital Foundation. Over the last four years that the event has been running we have raised $860,000, reflecting the generosity and engagement of our clients and...

    • Type: Article
    • Author: Trinity Advisory
    • Category: Profiles
  20. IESBA chair outlines major priorities for ethics in accounting

    told CA ANZ in a recent podcast. This follows the recent release of the board’s strategy and work plan for 2024–27 last month. Figueiredo said IESBA wants to see accountants create “good culture and governance within firms” to avoid unethical behaviours...