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

  1. Unregistered agent arrested as Treasury considers new TPB sanctions

    said the case demonstrated the ability for various agencies to work together to crack down on unregistered preparers. Late last month, the ATO said it was concerned about the number of people claiming to be tax agents, often promising refunds that sound...

  2. ASIC commits to naming and shaming largest audit firms

    across the six largest firms. It will also shorten the time frame for its next inspection period, with results for the last 12 months set to be released by the end of the year, down from the usual 18-month period. “ASIC acknowledges that while audit...

  3. Federal Court shoots down Sydney accountant’s ban appeal

    TM Index). Mr Wang brought his appeal to the Federal Court after the Administrative Appeals Tribunal affirmed the decision last year. In dismissing Mr Wang’s appeal, the Federal Court upheld the AAT’s findings that Mr Wang had a dishonest state of mind...

  4. ICB questions diploma-level entry qualification proposal

    instead, argues a professional association. In a discussion paper on the review of the Tax Practitioners Board, released last week, a consultation point raised the question of whether the primary educational qualification for a BAS agent should be...

  5. Inappropriate accounting treatment dominates ASIC results

    to focus on the impact of the new accounting standards on revenue and financial instruments, repeating its previous warnings last year. It also previously announced its focus for 30 June 2019 financial reports, with new accounting standards on revenue...

  6. Professional associations hit back at TPB registration proposal

    registration pathway for its members, pushing back on suggestions to follow developments in the financial planning space. Last week, Treasury released a discussion paper on its independent review of the Tax Practitioners Board, suggesting a lift in...

  7. AAT refuses long-standing tax agent’s application ‘in public interest’

    debt and $515,705.05 in Client Activity Centre debt. The company had owed a CAC debt continuously since May 2007, and the last payment towards it was $226.73 in July 2018. Mr Coogan also failed to pay five Director Penalty Notices (DPN) totalling...

  8. Scam losses set to exceed half a billion dollars for the first time: ACCC

    projected scam losses to exceed $532 million by the end of the year, surpassing half a billion dollars for the first time. Last year, over $489 million was lost to scammers, with ATO impersonation scams contributing to over $2.8 million in losses. ATO...

  9. KPMG credits royal commission fallout for strong FY19 results

    has announced a 9 per cent increase in revenue to $1.78 billion, for the 12 months to 30 June 2019, up from $1.64 billion last year. KPMG chief executive Gary Wingrove said key contributors to the growth included supporting financial services clients...

  10. PwC posts double-digit revenue growth

    its full-year results to 30 June 2019, delivering 11 per cent revenue growth to $2.6 billion, up from $2.35 billion last year. Its assurance business had its strongest year of growth in the past seven years, with its audit business growing by 9 per cent...

  11. Proposal to hold directors liable for GST set to pierce corporate veil

    says an insolvency specialist. With the reintroduction of Treasury Laws Amendment (Combating Illegal Phoenixing) Bill 2019 last month, the commissioner could soon be allowed to collect estimates of anticipated GST liabilities and make company directors...

  12. ATO eyes undisclosed foreign income as fresh offshore data rolls in

    have financial dealings in countries like China, the United Kingdom, Switzerland, Singapore and the United States. Last year, 106 Australians who were suspected of utilising tax evasion schemes through holding unnamed numbered Swiss bank accounts were...

  13. Proposed tax debt disclosure set to put an end to ‘unofficial ATO bank’

    interest charges. Entities that do not effectively engage the ATO in respect of the tax debt will be up for disclosure. The last criterion will require that the entity does not have an active complaint with the Inspector-General of Taxation concerning...

  14. How to avoid getting scammed this tax time

    dollars? Well, if that number makes you weak at the knees, just know that this is how much scammers got out of Australians last year. The Australian Competition and Consumer Commission’s (ACCC) 10th annual Targeting scams report highlights that scams...

    • Type: Article
    • Author: Lindsay Brown, LogMeIn
    • Category: Tax

  15. Industry fund ramps up pay day super lobby

    when employees salary sacrifice only solves “17 per cent” of the issue of unpaid super, says Industry Super Australia. Last month, Treasury Laws Amendment (2019 Tax Integrity and Other Measures No. 1) Bill 2019 was introduced, with one of the measures...

  16. Robo-call scams pick up speed this tax time

    projects scam losses to exceed $532 million by the end of the year, surpassing half a billion dollars for the first time. Last year, over $489 million was lost to scammers, with ATO impersonation scams contributing to over $2.8 million in losses. ATO...

  17. Punitive or insufficient? Accounting bodies undecided on $10k cash limit

    professional association calling it an extreme response to a symptom of the black economy. Announced in the federal budget last year, the government is currently consulting on plans to make it a criminal offence for businesses to make or accept a cash...

  18. The keynote speech that had a room on its feet, and in tears

    the third annual Women in Finance Awards and to celebrate Australia’s remarkable women in financial services. I remember the last time I presented here in Pyrmont. It was late 2017 at the newly opened International Convention Centre. Imagine this. I’m...

    • Type: Article
    • Author: Reporter
    • Category: Business

  19. Education crucial as 2 out of 3 payroll managers admit knowledge gap

    complex as a result of changes to awards and legislation. Despite this, 42 per cent of payroll managers confessed that the last time they had any kind of payroll training was more than two years ago. “It is concerning to learn that payroll professionals...

    • Type: Article
    • Author: Reporter
    • Category: Business

  20. ATO reports hundreds of thousands using online chat, social media for tax help

    chats so far this financial year. Use of social media channels has also surged for 2019’s tax time versus the same period last year. The ATO reports 19,000 posts have been directed at the ATO, with about 6,000 of those requiring a response. By...

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