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Assuming last is required, the following 3593 results were found.

  1. Resort developer gets 10-year sentence for $15m tax fraud

    the matter in 2016 but his co-conspirators – including Mr Zhang – fled the country while under investigation. His sentencing last week follows extradition from New Zealand in 2019. ATO assistant commissioner Jade Hawkins welcomed the result. “Mr Zhang...

  2. Pressure mounts on government to curb negative gearing, CGT

    property investors.” The Greens’ statement on Monday follows similar calls from crossbenchers David Pocock and Jacqui Lambie last week. “You’ve got to look at the tax system that incentivises housing as an investment. It shouldn’t be easier to buy your...

  3. Consulting inquiry grills KPMG over cultural practices

    document with a colour-coded diagram of a government department’s senior organisational structure. Following the hearing last year, Mr Yates was asked to review his answers and responses to questions on notice following the hearing. KPMG was also asked...

  4. Audit office damns ATO safeguards in wake of $2bn GST fraud

    BAS. The ATO said its Operation Protego had pursued more than 57,000 perpetrators of GST fraud and by the end of August last year, criminal investigations resulted in more than 100 arrests and 16 convictions. However, the ANAO cited a report by the...

  5. SMSFs ‘outperform big super funds by record margin’

    outperformed APRA funds in some financial years and this now includes 2021-22.” He said a disparity with data from the ATO last week that put the median SMSF return for 2021–22 at -1.8 per cent (against -1.0 per cent in the Adelaide study) came down to...

  6. ACCC to prioritise complaints from business and consumer groups

    currently operate in the United Kingdom and Canada. The government released its plans for the complaints mechanism in May last year, following concerns raised by relevant advocacy groups that their complaints were treated in the same way as any other...

  7. Slipstream adds financial services exec to coaching roster

    members. Mr Smith’s appointment would be Slipstream’s first addition since financial planner Nina Forbes joined in July last year. It said its coaching roster included “highly credentialed” authors, business owners and mentors, selected based on their...

  8. Rising unemployment a taste of what is to come, economist says

    mid-2023,” the ABS said. The annual growth rate in hours had “slowed considerably” over the period, falling to 0.7 per cent last month. Underemployment and underutilisation both rose across January (by 0.1 per cent and 0.3 per cent, respectively),...

    • Type: Article
    • Author: Nick Wilson
    • Category: Business
  9. ATO taking R&D tax claims more seriously, expert says

    and development tax incentive (RDTI) scheme will have a harder time, said HLB Mann Judd consultant, Troy Smith. Late last year, the ATO published two taxpayer alerts warning against misuse of its research and development tax incentive (RDTI) scheme....

  10. Xero lands preferred supplier agreement with Mazars

    Financial Review’s Top Accounting Firms rankings. Its preferred supplier agreement is the first signed since March last year when Xero partnered with the accounting network Allinial Global. The initiative was launched in 2021, with BDO named the...

  11. Natalia Clack - Director of Easy Super, SMSF Adviser of the Year and Superannuation Specialist Accountant of the Year

    how much their future retirement is in their own hands. I am glad that the awareness of the system has grown a lot in the last ten years, and more and more younger people recognise the values of the superannuation system and the choices it provides to...

    • Type: Article
    • Author: EasySuper
    • Category: Profiles
  12. PKF Australia adds 3 principals to its Sydney team, promotes 8 others

    presents us with the chance to acknowledge and appreciate our employees for their dedication and development throughout the last year.”

  13. Rein in ‘enormous’ big 4 partnerships, small firms urge

    are limited to 50 people, and legal partnerships are capped at 400. Witnesses previously told the committee during hearings last year that the model, which was outside the scope of the Corporations Act, meant the firms could operate with “absolutely no...

  14. MYOB and Stripe partnership to streamline billing process

    The update to MYOB’s billing comes after the implementation of online invoice payments for MYOB’s New Zealand customers last year, using Stripe Connect. Stripe ANZ managing director Karl Durrance said that 68 per cent of finance leaders believe that...

  15. Government, industry clash over controversial ‘recycling tax’

    capacity in Australia by 1.3 million tonnes.” In 2020, federal and state governments agreed to ban the export of waste plastic, paper, glass and tyres while building domestic capacity to generate “high-value recycled commodities”. The Recycling and...

  16. Revised tax cuts pass both houses

    a tax cut but middle Australia gets a bigger tax cut,” said Dr Chalmers, following the announcement of redesigned policy last month. The Senate also passed the Treasury Laws Amendment (Cost of Living—Medicare Levy) Bill 2024 on Tuesday, which increases...

  17. From Traditional to Tech-Savvy - Accounting Firms Plan Increased Tech Spend

    According to 76% of respondents, the number of employees in their internal audit department has increased or stayed the same last year. In the past year, 45% have seen growth in ESG-related audit work.

    • Type: Article
    • Author: Caseware
    • Category: Business
  18. ‘Proportionate response’ needed on consulting firm inquiries, cautions IPA

    and restrictions around appointments to the TPB were introduced without any consultation or explanatory memorandum. The last minute amendments made to Tax Law Amendment (2023 Measures No.1) Bill (TLAB1), will require tax agents to notify the TPB if they...

  19. Retail spending flattens as consumers curb spending, ABS data shows

    is not likely to happen before Q3 2024.” The ABS data showed that turnover rebounded in all non-food industries following last month’s falls with clothing, footwear and accessory retailing seeing the largest rise at 2.4 per cent. This was followed by...

  20. Professional bodies struggling to hold back government overreach

    incorporated in a future Bill. Unfortunately, the Bill proceeded into law with the Greens amendments intact, in November last year. We had no issue with the policy intent and policy objective, but good intentions do not equal good law, particularly when...