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

  1. Change for the sake of change isn’t a smart move

    a solution that is proven to work. A solution that will protect your clients against additional if they are audited. The last thing that your client wants in a stressful situation is instability, doubt, and confusion – all for the sake of “trying...

    • Type: Article
    • Author: Accountancy Insurance
    • Category: Business

  2. Tax Commissioner wants to turn black economy to ‘lighter shade of grey’

    attention. “People do sort of pay attention to it, it does have an impact,” he said. “I was only talking to someone last night who was saying that the local baker that they go to has gone from a cash-only sign to EFTPOS now.”

  3. Larger firms targeted as Xero announces new partnership

    software provider hoping it will fill a market gap for larger firms. GreatSoft, which entered the Australian market last year, is used by over 1,000 firms across 19 countries, with many of these being big four and top-tier firms. Xero managing director...

  4. Bookkeepers reminded on TPAR obligations

    economy in the building and construction industry in 2015–16, justifying its extension to the courier and cleaning space last year and the further extension to the three new industries this year. The ATO will use data provided in the TPAR to identify...

  5. Digitisation has turned the finance function on its head

    study by Sage revealed that 93 per cent of financial decision-makers feel their role has significantly changed over the last five years. Over two-thirds of this group attribute this to the digitisation of the industry. This new landscape of fast-paced,...

    • Type: Article
    • Author: Kerry Agiasotis, Sage
    • Category: Business

  6. 7 company failures and $1.3m in tax debts see director banned for maximum period

    a director of seven companies that failed while owing the ATO at least $1.3 million. All seven companies failed within the last seven years. The seven companies were The Farm Wholefoods Potts Point Pty Ltd; Sumbar Pty Ltd; XXX Consulting Pty Ltd; TFW...

  7. ‘Antiquated FBT rules’ set for legislative tweak

    the current Fringe Benefits Tax Assessment Act that prevents ride-sourcing vehicles from qualifying for FBT exemptions. Last week, Treasury released the exposure draft Treasury Laws Amendment (Measures for a later sitting) Bill 2019: Miscellaneous...

  8. Technological change: disrupter or enabler?

    the Cloud Where once there was a reluctance among small practices to consider moving to the cloud, that’s all changed in the last five years, reflects Antonius, former CEO of Moore Stephens. “It seems now everyone is open to adopting cloud technology.”...

    • Type: Article
    • Author: Thomson Reuters
    • Category: Business

  9. ‘Accountants need to be ambidextrous and versatile in the services they provide’

    distress, says one academic. Speaking on the sidelines of the IPA Deakin Small Business: Big Vision conference in Melbourne last week, Deakin professor Andrew Noblet said that clients need accountants to be much more ambidextrous and versatile in the...

    • Type: Article
    • Author: Maja Garaca Djurdjevic
    • Category: Business

  10. Corporate tax residency rules undergo review scrutiny

    Australia’s corporate tax residency rules, noting the difficulties associated with the central management and control test. Last month, Treasurer Josh Frydenberg wrote to the Board of Taxation requesting a review of the operation of Australia’s...

  11. FWO eyes sham contracting in surprise audits

    down on sham contracting arrangements, with the agency launching a series of surprise audits across three capital cities. Last week, the Fair Work Ombudsman conducted surprise audits at AAMI Park in Melbourne, ANZ Stadium in Sydney and GIO Stadium in...

  12. Return of accountants’ exemption hits a snag

    accountants’ exemption, with the government urged to conduct a wholesale review of the current financial advice framework. Last month, in its independent review of the Tax Practitioners Board, Treasury floated the return of the accountants’ exemption as...

  13. Part 7 penalty remission draft practice statement released

    relation to superannuation guarantee obligations has now been released, with the new guidelines seemingly more “definitive”. Last week, the ATO released PS LA 2019/D1, an internal document, to ATO officers to guide them on the remission of additional...

  14. SG amnesty resurfaces in Parliament

    frame might prove to be too short for employers. “Six months isn’t a great deal of time, and given the mess that occurred last time, it might be one of those things that people wait and see for it to be implemented before they start acting on it,” Mr...

  15. Parliament passes new SMSF measures

    Steed said affected SMSF members would need to factor their LRBA balance into their total super balance at the end of the last financial year, as well as make changes to their portfolio if needed. “The inability to make certain additional contributions...

    • Type: Article
    • Author: Reporter
    • Category: Super

  16. Financial Services Minister contemplates accountants’ exemption proposal

    “artificial, impractical boundaries” for accountants. The IPA’s proposal Mr Conway said consultation with members over the last 18 months has seen a push for a new “Qualified Accountants Financial Services Licence” (QAFSL) that leverages the “qualified...

  17. ‘There’s nothing soft about soft skills’

    more important than the technical knowledge, because historically a lot of the technical knowledge you learnt was going to last you for the whole of your career. “It’s more about being able to find talent, you know across all the ranges, and not just...

  18. Single Touch Payroll deadline looms

    exemption, or have been granted a quarterly reporting concession,” an ATO spokesperson told sister publication My Business last week. “The ATO is encouraging small employers to engage with us ahead of the 30 September deadline if they’re not ready to...

  19. Investigation on ‘unfair’ payment practices underway

    or may not be undertaking”. Late payments falling, but not fast enough The latest quarterly survey on payment times released last month by illion found that late payments in Australia sat at 10.1 days, an overall improvement which masked chronic...

  20. Self-funding disincentives should be high on retirement probe’s list

    bodies including the AFA and Australian Investors Association, moved to welcome the government’s announcement of the review last week, while pointing out that the retirement system should “ensure incentives are in place to encourage those who can save...

    • Type: Article
    • Author: Sarah Kendell
    • Category: Super
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