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

  1. Firm profits allocation guide ‘a very blunt instrument’

    meant the tax office approach was already out of date. “I'm worried that it's a little bit like the generals fighting the last war in that the professions have moved on, particularly the accounting and legal fraternity, and the focus is still on how it...

  2. Difference Between Leasing vs Hire Purchase

    full cost of the car before taking ownership. This usually involves monthly payments over a period of 12-48 months, with the last payment being for the deposit. Once this has been paid off, you will take full ownership of the car. What is the difference...

    • Type: Article
    • Author: Lucy Mitchell, Current Australia
    • Category: Business

  3. Labour demand and jobs growth have peaked: Deloitte

    overseas migration.” Deloitte Access Economics expected white collar job growth to slow down after a record peak of 357,800 last year, with a forecast of 282,800 for 2022–23. By 2023–24 that number will be cut in half to 143,100. “Promisingly, open...

  4. Casual Christmas jobs give way to permanent positions: Seek

    record lows as the supply of workers began to dwindle. The growth was driven by the end of the first Omnicron wave, the last of the pandemic lockdowns and declining unemployment rates. Job ads are now 13.5 per cent lower than they were at their peak yet...

  5. What Labor’s IR bill means for accountants

    an employer to be roped into a multi-employer agreement.” “One of the changes they got through the House of Representatives last week was that there now needs to be majority support at each employer to become part of a multi-employer agreement.” Mr...

  6. Lose trust and it’s a long way back, says CPA Australia

    members and the public is “vital” because getting it back takes years, the head of CPA Australia has warned after a report last week that showed rising confidence in accountants but declines in regard for their professional bodies. “Once trust is lost,...

  7. Small business ‘at risk’ if NSW workers comp rises 33%

    A huge increase in premiums could be the last straw for many, says COSBOA. NSW small businesses will be unable to employ more people or help grow the economy if a projected 33 per cent increase in workers compensation payments is realised, according to...

  8. Artificial intelligence ‘nothing to fear’

    “AI is everywhere and we use it every day,” Andrew Conway told the IPA Nation Congress at Surfers Paradise, Queensland, last week. “Stop losing sleep that your practice value is dropping because of AI. Or that the business that you're in or your role is...

  9. Accountants outshine financial peers for ethics

    planners (18 down to 16). Even tax agents have fallen from 27 to a net score of 26 while mortgage agents were unchanged from last year with a net score of 9. However, within the corporate sector chief financial officers bucked the trend and saw their...

  10. ATO will add security layer to agent linking

    tell us anything, it's that nobody can afford to be complacent,” he told the IPA National Congress at Surfers Paradise last week. “Operating in an increasingly digital environment means that we have to consider how we safeguard our systems from...

  11. ATO will take softly-softly approach to policing director IDs

    timeframe to apply could request an extension of time via a form available on abrs.gov.au. Figures supplied by the ATO last month showed hundreds of thousands of directors – including many who were directors of corporate SMSF trustees – had yet to go...

  12. Buyback law closes loophole ‘but franking credits here to stay’

    Mr Jones said the government was releasing draft legislation on the changes today following their announcement in the budget last month. “It’s about ensuring that the system we have operates with integrity and fairness. They close a loophole which...

  13. Crypto a ‘minefield’ of tax and regulation

    need for regulation has been brought into sharper focus with the collapse of one of the world’s largest crypto exchanges FTX last week (founded by CEO Sam Bankman-Fried). This followed the collapse of Terra coin earlier this year, while crypto platform...

  14. Scrap SMSF auditor registration fee: accounting bodies

    then we consider that a fundamental review of the application process is warranted.” The draft legislation, issued last month, also proposes changing other SMSF auditors charges including the fee to cancel an SMSF auditor registration, which would be...

  15. Higher tax or audit: the professional firm profits dilemma

    whatever arrangement applied. “The best time is in the first quarter of every year, and then you do your tax planning in the last quarter,” said Mr Munro. The ATO said that the guidance would apply from 1 July 2022 but those with pre-existing...

  16. Super balance cap would destabilise the system: TSA

    on superannuation back the agenda by highlighting the size of some self-managed funds and their cost to budget. In a speech last week Assistant Treasurer Stephen Jones said there were 32 self-managed super funds with more than $100 million in assets and...

  17. Budget increase plus CPI will push up lodgement penalties 35%

    unit to $275 but that would rise again with CPI indexation introduced from next July. “The high inflation environment of the last three years means the legislated indexing could see penalties for late lodgement spike by over 35 per cent from the current...

  18. Insolvencies enter ‘unchartered waters’ during holiday break

    of whether Australia goes into a recession, the economic conditions and revival of ATO debt collection would be the last straw for many SMEs. “We’re likely to continue to see an increase in corporate and personal insolvencies in coming months,” he said...

  19. Internal mobility ‘magic ingredient’ for staff retention: LinkedIn

    global economic climate, it is likely that the hiring rate will continue to decelerate from the historical highs of last year,” the report said. LinkedIn found the labour market in the Asia-Pacific region remained tight, with many countries reporting...

  20. Offspring living with parents miss out on 67c WFH rate  

    ATO’s revised WFH guidance, say tax professionals. The revised fixed rate of 67c an hour, set out in PCG 2022/D4 released last week, specifies tighter record-keeping requirements than the previous 80c shortcut method and specifically rules out claims...

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