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

  1. ‘Uptick in enquiries and nervousness’: ATO investigations spark fear

    secret accounts is “just the tip of the iceberg”, according to a big four firm who has seen a rise in advice enquiries. Last week, the ATO announced it had begun contacting 106 Australians who are suspected of utilising tax evasion schemes through...

  2. STP ‘a bureaucratic nightmare’ for small business

    ATO allow the client to give them a yearly authority to lodge on their behalf based on the information they've provided?” Last year, the Institute of Public Accountants noted how the rollout of single touch payroll would affect small businesses, citing...

  3. Education a missing piece in SME tax discussion

    people getting educated about that for their business, and then having incentives or tax benefits to do that would be huge.” Last month, a recent KPMG report measuring sentiment from mid-market firms regarding certain issues before the federal budget...

  4. Audit proposal to see fee hike, harsher penalties

    unless we do additional testing on the prior year’s figures, basically resulting in an audit of the financials since the last audit. Unless we complete this additional work we couldn’t sign off on the audit under the Australian Accounting Standards.” Ms...

  5. 3 tips to prepare for Tranche 2 of the AML/CTF Act

    now to ensure you’re in a good position when the legislation comes into place and not scrambling to implement a program last minute. Once Tranche 2 comes into effect, failure to comply can lead to fines and even imprisonment. It’s not just about...

    • Type: Article
    • Author: Infotrack
    • Category: Business

  6. Accounting consultant slams taskforce recommendation

    of digital advice for small businesses is unlikely to provide any real benefit to accountants, according to a consultant. Last week, the Small Business Digital Taskforce handed its final report to the government on how small businesses can make the most...

  7. Lobby group formed to oppose audit proposal

    government and the community more generally”, she noted. Ms Aisbett said a joint submission was sent to various parties last week voicing the collective concerns of the lobby group. The submission estimates that approximately 90 per cent of SMSFs will...

  8. The top 4 issues facing accounting practices today

    the CPA Australia Public Practice Conferences in May and June 2018, Jacobson will outline the most important changes of the last 12 months and hold master classes in Victoria and New South Wales. “Most of the tax policy I’m seeing at the moment is in...

    • Type: Article
    • Author: CPA Australia
    • Category: Business

  9. CPA awaits AGM outcome

    capacity of 1,484, where members will vote on 14 resolutions aimed at delivering the governance changes required in light of last year’s revelations that led to the sacking of chief executive Alex Malley and the resignations of the entire board. The...

  10. BDO acquires transfer pricing expert

    in demand from multinationals seeking transfer pricing guidance and support after Chevron lost its case against the ATO last year. “Transfer pricing continues to be one of the key issues facing global companies who have cross border operations,” Ms...

  11. Unlock shared revenue streams, advises expert

    recurring income overtook active non-recurring income that his life as a firm owner became much easier, he said. In the last five years, Mr Oates noted that 70 per cent of his firm's income was from recurring revenue, of which a large percentage of that...

  12. ‘A crushing of opinions’: Industry mulls changes to financial reporting

    for public financial reports.” ‘Vigorous debate’ With the AASB concluding its series of briefing sessions across the country last week, both Ms Ross and Mr Drum have urged practitioners to digest the proposals and submit their views to the board. Phase...

  13. How to use tax planning as an opportunity for business advisory services

    tax planning is it typically proactive or is it reactive? In most firms, it tends to go like this: here’s who we worked with last year, here’s what we did with them, who do we have time for this year? If you’re seriously looking to move away from this...

    • Type: Article
    • Author: Samantha Dean, Blueprint HQ
    • Category: Business

  14. MYOB, Reckon acquisition falls through

    with Reckon on the basis that the deal could not be finalised by today, as per the original agreement penned in November last year. In April, the Australian Competition and Consumer Commission and the New Zealand Commerce Commission extended their...

  15. ATO to extend independent review to small businesses

    the issues and working towards resolving them. Mr Jordan’s comments come after the Inspector-General of Taxation announced last month that he would be undertaking a review of the ATO’s use of garnishee notices. Speaking to Accountants Daily, Institute...

  16. ‘Risks, costs and time’: MYOB boss speaks on scrapping Reckon deal

    publicly confident of getting the green light from the competition watchdogs when the deal was originally penned in November last year, despite seeking regulatory clearance prior to finalisation — a move not required by law. MYOB took the option of...

  17. Why SMSF investors need due diligence around R&D tax incentives

    for reviews and audits by either of the government bodies responsible to regulate them, AusIndustry and the ATO. In the last 12 months the ATO particularly has increased its focus on reviewing companies that have made R&D tax claims and investors should...

  18. Flexible work ‘recruiting limitation’ for firms on the hunt

    barriers of the non-traditional working arrangements, with some unable to shake productivity concerns. PwC’s research late last year also found workers are often fearful that taking on a flexible working arrangement will have negative cultural...

  19. ATO boasts systems' stability despite looming downtime

    the ATO’s new tax agent portal is still currently in beta phase for testing with approximately 100 tax agents since December last year. It is now over a year behind schedule. [email protected]

  20. Win for accountants who handle their own SMSFs

    otherwise been paid for Treasury Laws Amendment (2018 Superannuation Measures No. 1) Bill 2018, which was introduced late last month, gives some awaited clarity. An explanatory memorandum (EM) confirms NALI rules do not apply “in respect of...

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