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Assuming last is required, the following 3591 results were found.

  1. ATO records jump in prosecutions, debt

    The tax office’s annual report shows there was an increase in prosecutions last financial year for individuals and companies as well as a spike in small business debts, while debt collection activities broadly took a hit during extended digital...

  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. Individuals speed up returns, royal commission drives early rush

    Individual lodgement numbers are ahead of where they were last year, and some tax professionals believe the royal commission and stricter lending conditions are driving businesses and individuals to lodge early. Tougher lending conditions in the wake...

  4. ASIC ramps up SME focus amid backlash to weak big biz monitoring

    obligations of small businesses, having dealt with over 700 offences relating to failure to keep books and records last year. The corporate regulator has announced that it will continue its small business focus for the 2018–19 financial year, as part of...

  5. Fintech revenue booms amid lending squeeze

    Australian fintechs recorded a median revenue growth of 125 per cent over the last year, with the industry bullish on the back of the royal commission as accountants spot a lending squeeze. EY’s FinTech Australia Census has found that one in five...

  6. Tax agent, taxpayers guilty of tax crimes in second half of 2018

    The Tax Office’s investigations around serious tax crimes in the second half of last year found 17 individuals guilty of fraud or tax evasion. Between July and December 2018, the ATO’s tax crime investigations identified 17 individuals, including a...

  7. Retail, food sectors see spike in corporate insolvency

    The retail, accommodation and food services sector have seen a spike in corporate insolvency appointments over the last 12 months, in line with industry concerns. The accommodation and food services industry saw a 21 per cent spike in corporate...

  8. BDO pushes towards 200 partners with latest appointments

    Mid-tier firm BDO has welcomed 28 partners over the last 12 months, bringing its national tally of partners up to 197. Over the last financial year, BDO saw 28 partners appointed across its Brisbane, Sydney, Melbourne, Perth and Darwin offices, with...

  9. Up to 9 in 10 ‘other’ expenses adjusted as ATO reveals dodgy claims

    Close to 90 per cent of claims in ‘other’ deductions were adjusted last year as the ATO reveals a number of unusual claims it disallowed, including a $58,000 wedding. ATO assistant commissioner Karen Foat has revealed that nearly 700,000 taxpayers...

  10. Over 10% rise in dodgy tax agent tip-offs

    200 tip-offs about potentially dodgy behaviour on the part of accountants and other tax agents were reported by taxpayers last financial year, the ATO has revealed. Last Friday, the Tax Office revealed that a one-year prison sentence had been given to a...

  11. STP audit activity to ramp up as ATO ditches ‘softly softly’ approach

    The ATO’s “softly softly” approach to Single Touch Payroll will not last long, warns a tax expert, as clients are urged to revisit historical data before the Tax Office catches up to them. With Single Touch Payroll (STP) now mandatory for businesses of...

  12. ‘Wage theft’ leaves workers $40m poorer

    Australian businesses shortchanged their employees by more than $40 million last financial year, despite a staggering number of visits to the ombudsman’s website and pay calculation tools. Releasing its annual report, the Fair Work Ombudsman (FWO)...

  13. ‘Community expectations have changed’: TPB signals new regulatory focus

    Tax agent terminations spiked by 208 per cent in the last financial year, with complaints and referrals increasing by close to 30 per cent as the Tax Practitioners Board ushers in a new era of regulation. Total sanctions against practitioners jumped by...

  14. Franking credits, CGT reforms set to feature this decade

    credits and the capital gains tax discount are likely to happen this decade, despite their contentious position in the last federal election. Speaking at the Tax Institute’s annual Tax Summit, senior tax counsel Professor Robert Deutsch noted that while...

  15. ATO on the hunt for 60,000 TPAR businesses

    More than one in five businesses required to lodge a taxable payments annual report for the last financial year have yet to do so. The ATO estimates that around 280,000 businesses are required to lodge a taxable payments annual report (TPAR) for the...

  16. Bookkeeper charged over $1.5m fraud

    A bookkeeper who allegedly defrauded her clients of more than $1.5 million over the last decade has now been charged with 749 counts of dishonestly obtaining financial advantage by deception. NSW Police arrested 53-year-old Shane Maree Hatton at a home...

  17. ‘It slows growth’: Morrison slams Victorian budget

    has accused the Victorian government of being “addicted to higher taxes”, after slamming the state’s budget released last week. Speaking from Hillwood Berry Farm in Tasmania, a stop on his government’s federal budget tour, Prime Minister Scott Morrison...

  18. Super deductions emerge as leading tax planning strategy: ChangeGPS

    so far this year, with the deduction accounting for 71 per cent of recommended tax deduction strategies, up from 65 per cent last year, according to new research. ChangeGPS last week released a first-of-its-kind tax advice trends report which sampled...

  19. Pandemic delivers rewards to 40% of middle-market businesses

    the pandemic imposed major challenges on some Australian businesses, new research shows that confidence has risen over the last 12 months, as business leaders shifted their focus from consumer preferences to digitisation and digital marketing. Pitcher...

  20. Quantifying the value of advice amid the COVID-19 crisis

    Accountants and bookkeepers were an invaluable resource for business clients amid the COVID-19 crisis last year, and the profession has again been called to the frontlines as the country continues to battle through lockdown restrictions. In this...

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