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Assuming last is required, the following 3594 results were found.

  1. Structural changes to erode Australia’s tax base: IGR

    tax base with indirect taxes expected to fall, the 2023 Intergenerational Report (IGR) reveals. The report, handed down last week, outlines that indirect sources of revenue are expected to decline as the decarbonisation of the transport industry and...

  2. With an outsourced CFO function, one size fits all

    and I think we’re seeing that for all finance functions,” he said. “It’s been challenging time to access people over the last two or three years so I see a lot of clients who are reaching out to say, we need support, we can’t attract the right type of...

  3. Record 1.5m at-risk mortgage-holders await RBA move

    said 642,000 mortgage-holders had joined the at-risk group since the RBA began its run of 12 interest rate rises since May last year and its next two decisions were critical. “If the RBA does raise interest rates again next week by 0.25 per cent Roy...

  4. Text messages become the scammer’s weapon of choice

    Report, in a “golden era” for digital fraudsters. It found more than $70 million was lost to investment scams during the last quarter of 2022–23, dwarfing amounts lost to fake government services, false billing and romantic cons. Text messaging...

  5. Planday targets rapid expansion of award coverage

    tools to cover a whole range of sectors from automotive to hair and beauty, its regional chief told Accountants Daily at last week’s Xerocon event. Planday used the Xero conference to announce it was broadening its product to cover businesses paying...

  6. Perth man jailed, ordered to repay $110k in fraudulent GST refunds

    and has been ordered to repay the money. Perth District Court found Justin McCormick had reregistered an ABN in February last year he had previously used from 2009–15 and began lodging bogus BAS and claiming GST on purchases that were never made. He got...

  7. Why authentic leadership comes loaded with challenges

    exhorted to bring our whole selves to work, which many of us interpret as, “This is who I am, take me or leave me”. Over the last two decades, views on leadership have shifted and there is recognition that there is no one single “hero” version of...

  8. Police seize cigarettes, tobacco worth millions in lost tax

    150 staff from six agencies including the ATO, raided 15 locations in the Logan, Redlands and Ipswich areas of Queensland last week and needed five trucks to haul away 60,000 vapes, 3.74 tonnes of tobacco and more than 8 million cigarettes. Police from...

  9. Technology is transforming insolvency practice at a critical time

    passing through input price increases and high fuel and energy costs, unprofitable builders are entering administration. Last financial year, there were more than 2,800 insolvencies across the construction sector, an increase of over 70% over the year...

  10. Job ads jump in August driven by NSW, Qld demand

    above its level of 100 in 2019. “Australian job ads are showing surprising resilience, rising 2.6 per cent over the last two months,” ANZ economist Madeline Dunk said. “We expect the buoyancy in ANZ-Indeed Australian job ads to fade as the economy...

  11. BlueRock adds Arthur Advisory to accounting team

    acquisition to its accounting division in Brunswick-based Arthur Advisory, hot on the heels of its takeover of the dnm group last month. Arthur Advisory director Ricky Jessop, pictured right, returns to BlueRock after running his own advisory business...

  12. AI to shake-up one-quarter of economy: Deloitte

    manufacturing, mining and arts and recreation while some sectors, especially agriculture and construction, would be affected last and least. The report, Generation AI: Ready or Not, Here We Come! combined economic research with a survey of 2,550...

  13. Lock the door to cyber threats, embrace client linking: Jordan

    online, has been widely criticised by the profession as too complex. The ATO began rolling out the system to big business last June with a phased adoption this year. Mr Jordan stressed that the ATO’s rollout of digital services was a critical juncture...

  14. How Victoria sows uncertainty with land Windfall Gains Tax

    With certain modifications available in limited circumstances (such as transfers for no consideration), the deferral will last until the occurrence of the earlier of: (a) A dutiable transaction (the most common being a transfer of the land) (b) A...

  15. Finance firms ‘should put out welcome mat for female interns’

    offer internships to those with prior work experience in finance. “I recently had a female candidate who said she was in the last round for an internship but didn’t get it because she didn’t have any prior work experience in finance,” Ms Love told...

  16. Side hustles run from home can trigger CGT, tax lawyer warns

    carrying on a business or regularly used for visits by clients and customers”, he told the Tax Institute Summit in Melbourne last week. A home office would fail to meet this criterion, he said, if was a matter of convenience to carry out work from home...

  17. Accounting software subs eligible for 20% bonus deduction

    and assets” incurred in digitising. The scheme, announced in the final budget of the previous federal government in March last year, finally became law in June just before the deadline for expenditure on 30 June. It allows small businesses – those with...

  18. Division 7A loans a looming crisis, accountants warned

    Munro. Speaking in a ChangeGPS webinar this week, Mr Munro said with the Div7A interest rate increasing from 4.77 per cent last financial year up to 8.27 per cent from 1 July 2023, this has a significant impact on some clients. “For many years we’ve had...

  19. Tassie firm aspires to become the ‘Xero of carbon accounting’

    partner and co-founder Lindsay Ellis, hired a software developer and built a carbon accounting tool for accountants. By last December, Ms Richmond and Mr Ellis had sold their firm and founded Sumday, securing $2 million in pre-seed round funding from...

  20. ATO interest charges soar to highest level since GFC

    quarter rises to 11.15 per cent while the SIC annual rate goes up to 7.15 per cent. The second quarter of 2012 was the last time that either rate was higher. The ATO said GIC was applied to late payment of most taxes including income tax, FBT, GST and...

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