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

  1. What the EOFY will look like for accountants

    in balancing their workloads come tax time. Amanda also reflects on the extraordinary resilience of the profession over the last few months, the sorts of concerns raised by accountants throughout the coronavirus crisis, and the post-pandemic outlook for...

  2. Practitioners potentially ‘misled’ by ATO’s JobKeeper turnover guidance

    in April for work completed in January 2020. He is also collecting cash in April 2020 for work completed towards the end of last year. Even if his normal method for reporting GST is cash and his cash received for April 2020 is up on April 2019, he will...

  3. Accounting businesses more resilient, report finds

    an impact on revenue, with 42 per cent of professional services small businesses reportedly taking a $16,099 hit on average last financial year due to “poor resilience”. Poor resilience was defined as missing business opportunities for reasons including...

  4. Assistant Treasurer pushed on Div 7A announcement as start date looms

    a further clarification for unpaid present entitlements to come within the scope of Division 7A. In a further development, last year’s 2019–20 budget revealed yet another deferral to 1 July 2020, with the government acknowledging that it had received...

  5. Mid-tier fast-tracks graduate training for audit season

    program for our 2019 graduates because they feel a little bit left out that they weren’t the benefactors of the SGALP last year.” Mr Shanley said that while the mid-tier traditionally relied on secondees from around the globe using the Baker Tilly...

  6. ‘Horrendously busy’ tax time 2020 looms

    this tax time, with businesses with 19 or fewer employees completing their first full year of reporting this 30 June. Last year, the ATO urged taxpayers to hold off from lodging their tax returns early, noting that employers had additional time to make...

  7. JobKeeper super guarantee amendments released

    commencement of the JobKeeper scheme on 30 March 2020, and will affect superannuation contributions made in respect of the last two days of the first quarter of this year. The regulations set out that employers do not need to make contributions for...

  8. JobKeeper changes set for 23 July: Frydenberg

    expected to be finalised by the end of June. Despite Prime Minister Scott Morrison dismissing drastic changes to the program last month, Mr Frydenberg has now hinted that the $1,500 flat-rate payment could be overhauled to prevent overpayments to some...

  9. TPB proceeds with COVID-19 registration fee hike

    are under fee pressures as well — they can’t actually pass on a lot of these increased costs,” said the IPA’s Tony Greco last year. Despite moving ahead with the CPI adjustment, the TPB has put in place annual declaration and renewal concessions to...

  10. Top tips to manage cash flow in the era of COVID-19

    and the purchase of new assets may require interest payments and insurance premiums. Work with your client to use last year’s bank statements as a checklist while anticipating any new incomings and outgoings for the next 12 months, based on internal and...

    • Type: Article
    • Author: Chris Pattas, Sage
    • Category: Business

  11. Taxing times but EOFY brings light relief

    need to access that $10,000 or if there’s an alternative income stream available. In most instances, it should be seen as a last resort. Super changes from 1 July 2020 From 1 July 2020, Australians under the age of 67 will be eligible to make voluntary...

    • Type: Article
    • Author: Bryan Ashenden, BT
    • Category: Tax

  12. Accountants recognised in Queen’s Birthday Honours 2020

    to accountancy”. Mr Rudd has been actively involved with charities Sydney Legacy and St George Sutherland Legacy over the last two decades, holding numerous roles including honourary auditor and honourary treasurer. “In this list, we see all the...

  13. $150k instant asset write-off extended for 6 months

    asset write-off has seen its threshold bumped up in recent times, moving to $25,000 and then $30,000 in the build up to last year’s federal election, before jumping to $150,000 as part of the government’s first round of stimulus measures in response to...

  14. Accountants eye potential SMSF pool

    a new report shows. Despite a substantial fall from the number of SMSFs established from a high of 40,000 in 2012 to 20,000 last year, Investment Trends’ 2020 SMSF Accountant report shows that accountants estimate that a further one in eight of their...

  15. Government won’t rule out early JobKeeper withdrawal

    to defend the government’s decision to end JobKeeper for the childcare sector after Prime Minister Scott Morrison had just last week guaranteed that the scheme would be in place until the end of September. The Treasury’s figures have revealed there are...

  16. Consider 25-year loans amid Div 7A uncertainty, says law firm

    yearly loan repayments to alleviate the cost of Division 7A loans during the COVID-19 crisis period. The ATO indicated last month that the commissioner “will soon be issuing further guidance”, but no timeline has been provided yet.

  17. Mid-tier appoints joint audit chairs

    would be successful, and thanked Mr Bradby for growing the firm’s audit and assurance practice during his time. “Over the last 10 years, Steve has been integral in the practice’s growth across Australia and New Zealand. However, at PKF, we know that...

  18. Tax time 2020: ATO flags work-related hotspots

    claims. ATO assistant commissioner Karen Foat has now urged taxpayers to reduce claims for work-related expenses in the last quarter of the 2019–20 year that would have been impacted by government-mandated restrictions imposed as a result of COVID-19....

  19. Former KPMG partner banned over tax evasion scheme

    the registration termination of Christopher Phillip Allenby, a former partner of KPMG Sydney. Mr Allenby, who left KPMG late last year after close to 26 years at the firm, will also be barred from reapplying for registration for a period of three years....

  20. Cerebiz cloud tools for MYOB and Xero go beyond accounting

    cloud based, browser and mobile analysis and reporting for GT’s clients. Here, Christian talks about the GT journey over the last several years in looking for a solution to replace their spreadsheets. 'One of the issues that we identified a long time...

    • Type: Article
    • Author: Cerebiz
    • Category: Business
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