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

  1. Shift from financial COVID support key for businesses in the long run

    owners as opposed to the 44 per cent of small businesses that received advice from their accountant or business consultant last year.

  2. Digital transformation crucial for businesses moving forward

    contributed to lower-growth rates across 2021, with only 32.2 per cent of Australian small businesses reporting growth last year, compared to the survey average of 47.3 per cent. In addition to this, the survey found that a lack of digitalisation has...

  3. REVEALED: Who accountants are voting for in the federal election

    concerns were raised around rising compliance costs impacting affordability and access to financial advice. “In the last couple of years, the over-the-top and impractical compliance rules that have been placed on the financial planning profession are...

  4. Accountants warned on impact of High Court decisions on clients

    or an employee. The outcomes of the two cases are consistent with another High Court decision handed down in August last year, Workpac v Rossato. Mr Butler reminded accountants and advisers that the definition of an independent contractor is critically...

  5. Support grows for $5m super balance cap

    Superannuation Trustees (AIST) similarly called for a $5 million limit on total super balances in its pre-budget submission last month. “The current level of lifetime government support provided through the retirement income system is heavily weighted...

  6. Practice Ignition rebrands, launches new platform

    to a broader client engagement platform, helping accounting, bookkeeping and professional services businesses spark long-lasting client relationships with ease. The brand refresh follows 18 months of significant product investment, to build an even more...

  7. ‘We’re listening to tax professionals’, says ATO

    alone to do their jobs,” she said. “I hope that we’ve been able to do that through all the work that we’ve done over the last few years.” During her session at the Accountants Daily Strategy Day, Ms Gallagher will provide progress updates on the...

  8. More women become finance and accounting leaders during COVID

    is imminent, the number of women in senior management positions in Australia remains at 32 per cent in 2022, the same as last year, according to the report. The figure has grown by just 10 percentage points in Australia over the past eight years,...

  9. How to communicate the latest Trust Distribution ATO rulings to clients.

    in family dealings, has left accountants shocked. We heard your voice, as over 5,500 accountants registered for our webinar last week. During the session, we covered not only understanding the rulings from the ATO - but how to start planning for how you...

  10. ATO warns of crypto crackdown

    ATO is using data matching to make sure nothing slips through the net, acting assistant commissioner Sylvia Gallagher said last week. With more than half a million Aussies buying, selling or exchanging digital coins, she said: “If you’re not already...

  11. COVID compliance holiday coming to an end, says ATO

    post-COVID, acting assistant commissioner Sylvia Gallagher said. Speaking at the Accountants Daily Strategy Day in Sydney last week – and again at the event in Melbourne on Wednesday (9 March) – Ms Gallagher warned that the ATO would take a firm line on...

  12. SMEs emerge more resilient post-pandemic

    payment times is a welcome outcome and one that will greatly assist with cash flow into the future,” he said. “If the last two years have taught us anything it’s to expect the unexpected. For the country’s SMEs, moving to COVID-normal has meant...

  13. How to read the draft guidance on Div 7A

    of section 100A (s 100A) and Division 7A (Div 7A) of Part III of the Income Tax Assessment Act 1936 (ITAA 1936). My column last month explored the operation of s 100A and how the Commissioner intends to apply the provision and devote compliance...

  14. Adviser review meets mixed response

    reforms. We’re disappointed that these are excluded in the terms of reference.” The final terms of the review, released late last week, will investigate whether there are opportunities to streamline and simplify regulatory compliance to reduce costs and...

  15. Petrol prices mean car allowance ‘undercooked’

    said accounting bodies, and will leave millions of taxpayers short-changed. The ATO announced the rise, up from 72¢, last week but its calculations are already being challenged. “It’s not reflective of the bowser price,” said Tony Greco of the IPA....

  16. Accountants urged to ramp up ATO debt clearance

    Daniel Riley. He said the ATO had resumed its debt collection activities across the small-business sector after a pause last year during lockdown. “This means businesses need to really focus on clearing the debt as the ATO pursues harder collection...

  17. SMSF assets climb to $877bn during COVID

    (LRBAs), with total assets in LRBAs jumping from $44.9 billion at December 2019 up to $65.8 billion at the end of last year. Both residential and non-residential property also saw large increases, with assets invested in non-residential property...

  18. Accountants face pressure on advice tech adoption  

    Involving dedicated support staff and business leaders in these decisions can also be very effective,” Mr Holland said. “The last part is to keep a bigger picture focus. Too often we get consumed by the day-to-day short-term pain of implementing changes...

  19. EV owners should help pay for roads: Poll

    infrastructure is something the government will need to confront eventually.” Sales of plug-in electric vehicles tripled last year to 20,665, up from just 6,900 in 2020, according to the Electric Vehicle Council. Meanwhile, the Queensland government...

  20. How to manage the rise of clients selling online

    to scale and expand its online operations. Their initiative to create new products and find new ways to sell them during the last two years saw the Karu Distillery team receive an overwhelming amount of sales data from a growing number of platforms....

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