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

  1. SMSF trustees at risk following budget

    loans compliant by 30 June this year are at risk of being “badly caught out” by one of the government’s budget measures. In last week's budget, the government proposed introducing a $500,000 lifetime cap for non-concessional contributions to...

    • Type: Article
    • Author: Katarina Taurian
    • Category: Super

  2. Tax Office to give further LRBA guidance

    it will be releasing in the second half of the year, ahead of the 2017 deadline for LRBAs to be on commercial terms. Late last month, the ATO extended the 30 June 2016 deadline for trustees looking to get their LRBAs on commercial terms to 31 January...

    • Type: Article
    • Author: Staff Reporter
    • Category: Tax

  3. Brexit - what does it mean and should you be worried?

    Readers will be well aware by now that the UK referendum last week on whether to Remain as a member of the European Union (EU) or to Leave did not go the way most analysts and the media thought it would. It is a gross understatement to say that the...

  4. Holes remain after SMSF loans tax determination

    with unusual assets continue to face obstacles in ensuring compliance, despite the release of a recent tax ruling. Last month, the ATO further clarified its position on LRBAs and related-party loans through TD 2016/16. You can read about the TD in full...

  5. ATO names big 4 firm in outages review

    appointed a big four accounting firm to conduct an independent review into the widespread digital outages that began late last year, as its CIO issues an apology letter. PwC has been appointed to review the widespread system outages experienced by the...

  6. I'm not on the cloud

    • Type: Article
    • Author: Priya Murthy
    • Category: Business

  7. TPB releases caution, termination numbers

    The Tax Practitioners Board has released its figures for the last 12 months, detailing the number of written cautions, orders and terminations that were issued as a result of tax agents not submitting their annual declarations. The TPB launched the...

  8. Mid-tier tips 457 visa changes as new advice hotspot

    Last week the government announced that it is going to abolish and replace the 457 visas program, providing accountants a new area to assist their clients, according to a mid-tier partner. The Temporary Work (Skilled) subclass 457 visa program is going...

  9. Popular tax deductions scrapped for property investors

    Clients with negative gearing arrangements in place are set to lose out on a popular deduction following last night’s federal budget. From 1 July 2017, the government plans to “improve the integrity of negative gearing” by disallowing deductions for...

  10. Medicare levy rises as another levy ends

    In a welcome move for Australian taxpayers and despite ongoing speculation, it is clear after last night’s budget that a key levy has not been extended, while the Medicare levy has been increased. With its absence from the federal budget, it is...

  11. Budget 2017 analysis: A wrap of the key revenue measures for accountants and their clients

    Several revenue measures have been introduced by federal treasurer Scott Morrison last night, and they have a direct impact on Australian businesses and taxpayers. The major revenue measures announced in the budget included: - a new major bank levy...

    • Type: Article
    • Author: Thomson Reuters
    • Category: Tax

  12. Xero confirms senior management change

    After mounting speculation last week, Xero has this morning confirmed that one of its senior managers has handed over his responsibilities internally. Xero’s chief platform officer, Duncan Ritchie, is handing the responsibilities of his role to Tony...

  13. ATO reaches settlement post-crash, releases report findings

    tax professionals, as the Commissioner confirms a settlement has been reached with Hewlett Packard Enterprises In December last year, the ATO’s digital systems experienced what Commissioner Chris Jordan named the “worst unplanned system outage in recent...

  14. Prime acquires Queensland accounting firm

    Matthew Smith and John Driscoll will become equity partners in Prime. “Altezza is an innovative firm – as shown by its award last year – and Prime is at the forefront of innovation in the advice sector,” said Simon Madder, managing director and chief...

  15. Survey reveals how Australians rate accountants

    has revealed that the percentage of Australians that rate accountants as being ethical and honest has dropped slightly from last year, but they still maintain a strong position when compared to other financial-related professions. Yesterday, Roy Morgan...

  16. Mid-tier reminds on budget announcements impacting tax time

    mid-tier accounting firm has reminded accountants and their property investor clients on measures introduced in the budget last month that will impact tax time 2017. As the end of financial year approaches, BDO tax partner Mark Molesworth has reminded...

  17. ASIC on the home stretch with accountants’ licences

    After a significant bottleneck last year, the corporate regulator has distributed a number of draft limited licences to accounting firms and is currently working through outstanding requirements with the remaining applicants. An ASIC spokesperson...

  18. Virtual CFO firm locks in first two franchisees

    Sequel CFO has followed through on plans announced in December last year to expand through the franchising of its business with the launch of its first two franchisees. Sequel CFO has confirmed that Michael Little and Kevin Jessup have joined the...

  19. National tax network eyes growth in bookkeeping arm

    known for its income tax services in particular, is eyeing growth in its bookkeeping service line after a soft launch last year. Though they didn’t make a “song and dance” about it as they have with other new service lines, H&R Block started a...

  20. ATO signals crackdown on popular deduction

    Australians claimed right up to the threshold that does not require detailed records to be kept of a popular tax deduction last year, prompting a closer compliance check this tax time. The tax office said it will be paying “close attention” to claims...

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