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

  1. Understanding the new best practice guide for financial disclosures for charities

    and comparability of the financial information available on the ACNC Charity Register, which had 3.2 million searches last financial year. And an added benefit of disclosing such information is that it may allow us to explore more ways to cut red tape...

    • Type: Article
    • Author: Anna Longley, Australian Charities and Not-for-profits Commission
    • Category: Business

  2. AFP seizes $15.8m from Plutus Payroll founder

    tax and goods and services tax owed to the ATO. The 38-year-old was sentenced to seven years and six months in jail in July last year, with a non-parole period of five years. Mr Anquetil’s confiscated assets can now be sold, with proceeds to be...

  3. ATO reveals STP reporting options for closely held payees

    payees will commence from 1 July, after it had granted these employers a one-year exemption in the midst of the pandemic last year. Guidance released by the ATO on Monday has revealed that small employers can report payments to closely held payees...

  4. Accountant advice scheme crucial post-JobKeeper, government told

    the Institute of Certified Bookkeepers, the ASBFEO and the Council of Small Business Australia made a united call last year for a professional advice subsidy for small businesses. The proposed subsidy program will see small businesses with up to $10...

  5. ATO pressured to correct JobKeeper, cash flow boost eligibility oversight

    for all businesses that were wrongly denied JobKeeper or the cash flow boost, following a report by the tax watchdog. Late last year, the Inspector-General of Taxation and Taxation Ombudsman (IGTO) found that the ATO had erred in determining a...

  6. CPE hours poised to rise as TPB refines new standards

    Kasapidis said it was pleasing to see the TPB take on board feedback from the profession after the regulator had proposed last year a strict 40 hours per annum minimum requirement. “As 2020 amply demonstrated, circumstances may arise from year to year...

  7. Government issues alert as tax-scam calls spike

    to demand for payment of an outstanding tax debt, with threats of arrest or legal action if the victim does not comply. Late last year, a 42-year-old Sydney woman fell prey to one such tax scam, losing $22,000 to a scammer posing as a police officer in...

  8. ATO yet to analyse profit-making companies on JobKeeper

    “From the ATO side, the short answer is no,” said ATO second commissioner Jeremy Hirschhorn at a parliamentary hearing last Thursday. “Profit is an accounting concept reported through the ASIC financial statements. We are concerned with the turnover...

  9. ACCC casts doubts over MYOB acquisition of GreatSoft

    to migrate to the cloud.” The competition watchdog’s preliminary concerns come after it initiated a review in October last year following the announcement of the proposed acquisition. The ACCC believes the proposed deal could potentially lead to...

  10. Treasury considers five-fold increase to statutory demand threshold

    not kept up with inflation. The only time the threshold has been raised was in response to the economic impact of COVID-19 last year when it was increased to $20,000 up until 31 December 2020. The Treasury believes there is merit in permanently raising...

  11. Federal Court hands out highest-ever $22.68m penalty to tax exploitation promoter

    The penalties are the largest ever for promoters of tax exploitation schemes and were ordered by the Federal Court last Friday against Paul Enzo Bogiatto and his associated companies. Mr Bogiatto was ordered to pay $6.51 million, while his related...

  12. Government warned against making bankruptcy an ‘attractive option’

    at a given point in time.” CA ANZ’s response comes after the Attorney-General’s Department released a discussion paper last month to consider reducing the automatic discharge period to one year in a bid to reduce stigma from bankruptcy, encourage...

  13. ‘One of the best courses’: Accountants mental health training launches

    sung high praises of the initiative, labelling it as one of the best courses she has completed. “Just coming off the back of last year, the level of content was spot-on and very timely,” Ms Lawrance told Accountants Daily. “There was a lot of value in...

  14. Tax administration lessons learnt from COVID-19 (and promptly forgotten)

    family dealings. A draft tax ruling exists, but few have seen it. The commissioner delayed the release of draft ruling last year, ostensibly because of COVID-19. Meanwhile, some of these section 100A audits are now entering their third year. The anxiety...

    • Type: Article
    • Author: David Hughes, McCullough Robertson Lawyers
    • Category: Tax

  15. Businesses can’t force staff to be vaccinated: Fair Work

    employees to be vaccinated,” Christian Porter, Attorney-General and Minister for Industrial Relations, said in a statement last week. “As the Prime Minister has said many times, the government expects that the overwhelming majority of Australians will...

  16. SMSF accounting and audit firms handed fresh resource on independence changes

    choose between non-assurance services including tax and compliance advice, and audit services. While the changes kicked in last year, the ATO has committed to adopting an educative approach during the current financial year to allow firms to restructure...

  17. CountPlus sees profits jump following recent acquisitions

    he said. CountPlus will pay a fully franked dividend of 1.25 cents per share at 1H2021, consistent with the same period last year.

    • Type: Article
    • Author: Jotham Lian
    • Category: Business

  18. Receipt Bank announces global rebrand

    Xavier, a tool that detects errors and anomalies in business data within accounting software, was acquired by Receipt Bank last year. Dext chief executive Adrian Blair said the new identity comes after the company added 250,000 users over the past 12...

  19. Illegal early access to super scheme sees financial adviser charged

    20 years in prison for operating an illegal early access to superannuation scheme. Fronting the Victorian Magistrates’ Court last week, Ahmed Saad, a Glenroy financial adviser, was charged with two counts of deception following an ASIC investigation and...

  20. Firms to ‘strongly encourage’ staff to get jabbed

    with all relevant information.” Businesses were advised by the Fair Work Ombudsman (FWO) and Safe Work Australia (SWA) last week to assume that employee vaccinations aren’t required, and that mandating them could expose businesses to charges under...

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