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Assuming last is required, the following 3592 results were found.

  1. Retail business failure rate highlights ongoing challenges for sector

    sub-industries feeling the strain, but according to the report, those with the highest proportion of business failure in the last 12 months were: Fuel retailing (5.4 per cent) Food retailing (5.4 per cent) Other store-based retailing (4.96 per cent)...

  2. FAAA pushes for higher education standards on new class of advisers

    of advisers to eventually make their way into providing professional financial advice. “We only put on 370 new advisers last year and we’re not going to get our numbers back to where they need to be unless something dramatic changes. But for these...

  3. City Beach founders win tax battle with ATO over $52m restructure

    in income tax over what it deemed “capital benefits” from restructuring to extinguish Division 7A loans. In a judgment last week, Justice John Logan ruled that the restructuring was not to avoid the inclusion of the $52 million dividend in their...

  4. Hotelier’s $11m tax fight fails as court confirms ‘all or nothing’ stance

    tax bill after the Federal Court confirmed the “all or nothing” approach to challenging ATO assessments. The Federal Court last week rejected arguments by taxpayer Peter Wang that the AAT was wrong to require him to prove that the full amount of the...

  5. Mid-market M&A whiz joins Forvis Mazars as partner

    Australian team and we look forward to introducing him to our clients and our networks, both locally and internationally.” Last week, Forvis Mazars also announced a string of leadership roles as part of its new model: Hervé Hélias will serve as the...

  6. William Buck to open doors in Canberra, eyeing government clients

    services including audit and tax advice.” Parliamentary inquiries and media scrutiny triggered by the PwC tax leaks scandal last year have permanently tarnished the reputation of the big four, according to a recent survey by research firm Beaton...

  7. A looming crisis: the role of accountants in supporting Australia’s aging population

    impact: Retirement planning: Many Baby Boomers are unsure how to effectively manage their retirement savings to ensure they last throughout their retirement years. Accountants can offer personalised retirement planning services, helping clients to...

    • Type: Article
    • Author: Michael Jeffries, LightYear Group
    • Category: Business

  8. Freight company wins small business CGT concession dispute

    prepared by PKF as an expert witness over the ATO’s $7 million valuation prepared by KordaMentha in a judgment handed down last week. Molloy said PKF took a more realistic approach to the cyclical nature of the agriculture sector and its impacts on Mt...

  9. Fear of failure, skills gap stifle aspiring business owners

    starting a business, VistaPrint said. Its research, which surveyed a nationally representative sample of 1,010 Australians last month, found only 4 per cent of workers had a clause in their employment contract preventing them from starting a side...

  10. Finalists unveiled for Australian Accounting Awards 2024

    and rising stars. The highest-scoring individual award winner will receive the coveted Accountants Daily Excellence Award. Last year, this award was given to Easy Super director Natalia Clack, after she was named Superannuation Specialist Accountant of...

  11. Annual tax agent registration fees introduced to boost oversight

    will be required to pay $273 every year after the government updated the fee schedule and abolished the triennial system last week to ensure greater visibility over practitioners. The updated schedule would apply from 1 July to new and renewal...

  12. Hassle-free migration from Sage Business Cloud Accounting clients to Intuit QuickBooks

    is the norm We are consistently developing the Australian offering, including two new product releases in just the last year. The QuickBooks platform now includes tax and practice management functionality and we're continually preparing our products to...

    • Type: Article
    • Author: Intuit QuickBooks
    • Category: Technology

  13. ATO launches data-matching program for false Medicare levy claims

    acquire personal details and rental bond information of 900,000 landlords from state and territory rental bond regulators. Last year, it also expanded the use of information reported through STP by employers and data from super funds to follow up on...

  14. Consumer pullback fuels record insolvency wave: CreditorWatch

    Risk Index found a 38 per cent average increase in insolvencies in the year to May. The rate was up 34 per cent from last year and 41 per cent above its pre-pandemic maximum. CreditorWatch CEO Patrick Coghlan said interest rate hikes and stubbornly high...

  15. Ditch ‘error-prone’, insecure invoicing methods, says ASBFEO

    $92 million in reported losses in 2023. “Scamwatch data shows small businesses lost millions of dollars in such scams last year. Using e-invoicing can reduce this risk,” he said. Making the switch to electronic invoicing would allow businesses to...

  16. ATO ‘hell bent’ on chasing down $34bn in small business debts

    become the exception rather than the rule and “there will be exits”, warned deputy commissioner Vivek Chaudhary in September last year. Small businesses in particular have been targeted for owing 65 per cent of the $50 billion in the ATO’s collectable...

  17. PKF Melbourne banned from expert reports after ASIC probe

    uncovered compliance failings in past engagements. In a court-enforceable undertaking between PKF and ASIC released last week, PKF admitted it failed to uphold documentation and conflict of interest requirements for three past IER engagements, breaching...

  18. Digitisation a boon for productivity in cost-of-living crisis: MYOB

    said the average productivity rating was 6.2 out of 10. “The nation’s 2.5+ million SMEs have shown resilience throughout the last few years, and with further difficulties anticipated as the economy stabilises it will be important to review their...

  19. Consultant boom threatens accounting sector, expert says

    head of data analytics Julia Thomson told accountants at Accountants Daily's Accounting Conference & Exhibition in Sydney last week. She said there had also been an increase in the need for advisory work – a market traditionally dominated by accounting...

  20. Payment Times Reporting Bill enters the Senate

    to delay paying the invoice.” The changes to the Payments Times Reporting Act follow a review undertaken by Dr Craig Emerson last year into the effectiveness of the current Act which made several recommendations to improve the operation of the scheme....

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