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

  1. 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...

  2. 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...

  3. 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...

  4. ‘Bullish’ Moore Australia shakes up leadership team

    a “bullish” outlook that bucked trends seen by its larger competitors. “In the wake of the big four media coverage over the last few years, we are seeing clients and staff alike make more considered choices,” national chairman David Tomasi said. “Our...

  5. CPA Australia seeks permanent $100k asset write-off to end uncertainty

    prevent the “lost opportunity” of the 2023–24 measure, having passed Parliament just five days before its 30 June deadline last week and leaving businesses with little time to make an investment decision. It would also fit better with the original...

  6. PayPal used unfair contract term with small business, court rules

    allowed it to keep overcharged fees if customers failed to dispute them, a Federal Court has found. The ruling, delivered last week, affects PayPal’s user agreements with small businesses that opened a business account between September 2021 to November...

  7. ATO teams up with private sector in anti-scam fight

    a “world-leading anti-scam plan” after consumers lost $3.1 billion to scams in 2022. The start of NASC’s work in July last year saw scam losses fall for the first time since 2016, it said. As part of the 2024–25 federal budget, the government also...

  8. Blindsided accounting bodies lash ‘unworkable’ code changes

    concepts detracts from the breadth, generality and certainty of the existing code,” general manager Tony Greco said last week. Grant called for the 1 August start date to be deferred by “at least six months” to allow time for TPB guidance to be...

  9. Red tape ‘strangling’ small businesses: ACCI

    businesses are feeling neglected in the current economy and many are considering closure, according to ACCI research. In the last 12 months, 45 per cent of small business owners have considered leaving or shutting down their business, as revealed by the...

  10. DPNs climb to 26.7k as ATO hunts down old debts

    directors. The Tax Office has been dredging up old company debts to issue 26,702 director penalty notices worth $4.4 billion last year in a drastic ramp up of recovery efforts, latest figures reveal. It is a 50 per cent jump from the 2022-23 income year...

  11. Small businesses secure $41m in energy grants

    have been given $41 million in grants to save on energy bills and reduce their carbon footprint, the government announced last week. The federal funding comes from the second round of the Energy Efficiency Grants for Small and Medium Sized Enterprises...

  12. Coalition continues push to make instant asset write-off permanent

    Credit Code to buy now, pay later services. The bill was referred to the Senate Economic Legislation Committee early last month. The committee said it welcomed the measures in the bill which would introduce "appropriate regulation of the BNPL industry,...

  13. RBA’s rates decision ‘reduces recession risk’ for Australia

    Bank is walking a tightrope, balancing its twin objectives to fight inflation and maximise employment in the economy." "Last week’s CPI figures show two things. First, that annual core inflation is already trending down without further rate hikes and...

  14. Professional bodies welcome Coalition’s move to disallow code obligations

    the crossbench to have the determination disallowed in Parliament. "After tax practitioner breach reporting rules surfaced last year unannounced in poorly drafted legislation we thought it was an isolated incident. It’s Deja Vu with the new code...

  15. Investors confident despite ‘economic headwinds’: CA ANZ

    exchanges and government regulators,” Ghandar said. “The survey shows that retail investors are overall more confident than last year, in both domestic and overseas capital markets and importantly, Australia’s own publicly listed companies.”...

  16. Proposed TPB reforms ‘weaken due process’

    the perceived benefits of consumer protection,” CA ANZ representatives Simon Grant and Susan Franks wrote in a submission last week. The submission also said the proposed reforms failed to account for the “substantial” regulatory changes that had...

  17. KPMG to provide $33k to the Griffith Tax Clinic

    According to KPMG, the tax clinic has operated for 278 days with 129 Griffith students having worked there over the last five years. The clinic has also received 23,052 client inquiries, conducted 1,034 client meetings, assisted 336 SMEs, conducted 96...

  18. SMC calls for ‘swift’ legislation of parental leave scheme

    take time out of their paid workforce to raise children. For most age ranges, the gender super gap has narrowed over the last 10 years; however, it has gone “backwards” for women in their 30s. Parental leave is one of the only types of paid leave that...

  19. ASIC sharpens focus on greenwashing, super misconduct, AI

    losing $2.7 billion to scams in 2023, it pledged to ramp up efforts to disrupt online investment fraud, building on last year’s takedown of over 7,330 scam websites. “Our program will include supporting regulated entities in enhancing cyber resilience,...

  20. Liberal senator urges colleagues to join fight against TASA changes

    to be had with those affected by these quite far-reaching changes,” Sharma said in a two-minute statement in the Senate last week. The Coalition’s push to disallow the changes in a fortnight comes after intense lobbying from professional bodies and...

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