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

  1. Property investors on notice after ATO spots false claims

    expenses up to the amount of the income received.” The ATO’s increased focus came after it found similar claims being made last year, including red flags when clients attempt to make claims for property that has not been genuinely rented out. Ms...

  2. MYOB’s acquisition of Reckon hits hurdles with ACCC

    the company “looks forward” to a final determination by 30 May, as per the expected timeline. Mr Reed told Accountants Daily last year he’s confident the acquisition won’t limit choice for end users. “It’s a question of depth and breadth. So today we...

  3. 80,000 Aussies set to receive super alert from ATO

    will be directed its way, but nonetheless professionals should be aware that their clients may be contacted. As of 30 June last year, over half the amount of lost super held by super funds belonged to people aged 40-55. Professionals should also be wary...

  4. Property investors signal retreat in latest big bank figures

    cope with their levels of debt. Property investors also had deductions disallowed for travel expenses, effective from 1 July last year, as part of the federal government's plans to "improve the integrity of negative gearing" in the 2017 budget....

  5. Inspector-General knocks ATO boss’ tax agent blasting

    has risked further damaging a fragile working relationship with the profession. At the Tax Institute’s National Convention last month, Mr Jordan took another swipe at tax agents in the context of its work-related expenses crackdown, saying the results...

  6. Thomson Reuters, Westfield exec to head Tax Institute

    take over from interim chief executive Vince Lendrum, who took over the reins when Mr Rowland departed the role in September last year after 19 years of service. Mr Hurst was most recently a director at Thomson Reuters, working within the tax and legal...

  7. ‘You may have updates to install’: ATO updates PLS transition timeline

    for any service updates. “We are well over halfway towards the target to be completely in PLS. Since the start of tax time last year 1 July 2017, we had 4 million returns coming through the channel,” said Mr Watson. “Make sure you are reading...

  8. EY finds IPO activity plummets in Q1

    in Q1 2018 raising US$15.4 billion, an increase of 29 per cent in terms of volume and 22 per cent by proceeds compared to Q1 last year. US IPO activity accounted for 36 IPOs raising US$12.8 billion, up 44 per cent in terms of volume and 17 per cent by...

  9. Watch for new duties as US, China trade war escalates

    on the possible trade war between the US and China, as the fallout might impact their business clients through new costs. Last week, US President Donald Trump raised the possibility of tariffs on another US$100 billion worth of Chinese exports to the...

  10. NAB begins national rollout of new services for accountants

    can better support SMEs and help them grow,” Mr Moore said. NAB flagged its intentions with the accounting profession late last year, after similar industry-specific moves in healthcare and agriculture. “What we’ve recognised is that, across all...

  11. O’Dwyer’s education official set to join big 4 firm

    credentials to someone that has just got a degree and RG146,” said CA ANZ senior policy adviser, Bronny Speed, late last month. Accountants are also frustrated that the current guidance does not differentiate between accountants holding a limited versus...

  12. Record keeping basics targeted in national crackdown

    and enforcement powers where required. Changes made by the Fair Work Amendment (Protecting Vulnerable Workers) Act 2017 last year means the maximum penalties for failing to keep employee records or issue pays slips has doubled to $63,000 for a company...

  13. H&R Block plans for automation, paperless rollout

    basic elements of their compliance-centric offerings. Mid-tier firm BDO announced a digital transformation project late last year for its audit services, and EY marked plans to up its use of robotics and automation in its tax business....

  14. NAB finds 84% of clients don’t want time-based billing

    — that should be the focus,” said investment analyst at Duxton Asset Management, Lauren Thiel. At the time of interview last year, she was a senior consultant at KPMG Australia. “If we provide people the opportunity to integrate family life with work...

  15. Planners mirror accountants in education fight

    age of a financial planner being in the mid to late 50s,” said partner at Fortis Accounting Partners, John Kalachian late last month. “In general, a lot of people will go out of the industry because of it but in saying that, there are opportunities...

  16. ‘Stop bashing accountants,’ ATO told after commissioner’s smackdown

    Often on a national stage, Mr Jordan has made broad and aggressive comments about dodgy tax agents, including some late last month where he questioned the status of tax agents as “guardians of the system.” For accountants like Timothy Munro, founder at...

  17. Federal government locks horns with opposition over ‘botched’ GST changes

    the Tax Institute spotted an apparent oversight in the Treasury Laws Amendment (Enterprise Tax Plan) Act 2017, which passed last year. The changes allow small businesses with an aggregated turnover of up to $10 million the ability to account for GST on...

  18. Tax Institute pulls apart government's GST position

    the Tax Institute spotted an apparent oversight in the Treasury Laws Amendment (Enterprise Tax Plan) Act 2017, which passed last year. The amendment meant that under Section 29-40 of the A New Tax System (Goods and Services Tax) Act 1999 (GST Act),...

  19. ‘Most hated tax’: Treasury’s payroll tax positions knocked

    the results do not match up to public feedback received during its Small Business White Paper roadshows across Australia last year. “When we asked business owners what the most hated tax was, payroll tax, by far, comes up as the number one,” said Mr...

  20. ATO systems backfire again on bookkeepers

    house to the new, they may not have made those monthly contributions into the employee’s superannuation fund. “As of our last meeting on Tuesday with the ATO, they were in talks with the Fair Work Ombudsman to ensure that they would provide reassurance...

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