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

  1. Katarina enters a new relationship – with a new accountant

    Host Katarina Taurian is just starting out in a new relationship. Following a parting of ways with her last accountant, which she describes as “harder than her most difficult break-up”, she is now in the process of regaining that trust and relationship...

  2. Turnaround in lodgement troubles following ATO swoop

    numbers are starting to drop this financial year, according to both the tax office and auditors on the front line. Late last year, the ATO reported that non-lodgement rates for the SMSF sector had reached critical levels, with around 40,000 funds at...

  3. The gig economy: What you need to know to get it right

    Over the last decade, Australia’s workforce has seen a significant shift towards contract, temporary, and freelance work but employers should take note of their compliance obligations. According to the Australian Bureau of Statistics, about 2.5 million...

  4. ATO holds millions in unclaimed refunds after 200k skipped lodgment

    About 200,000 taxpayers who failed to do their taxes last year would “likely” have received a refund, according to the ATO, as part of a campaign to push for on-time income tax lodgment. With the deadline of 31 October for self-preparers edging closer,...

  5. ATO reminds on rental property ‘hot issue’

    residential rental property that they will not be able to claim deductions for travel after new rules were introduced late last year. In November 2017, the government introduced new rules around tax deductions for travel expenses associated with...

  6. Accounting features heavily in new OAIC data breach figures

    and finance industries continue to feature in the top three sectors reporting the most number of data breaches in the last quarter, according to the latest quarterly statistics. The legal, accounting and management services sector provided the OAIC with...

    • Type: Article
    • Author: Reporter
    • Category: Business

  7. ATO joins new challenge in offshore tax fraud mission

    The ATO participated in a joint data challenge last week as it seeks to identify and develop new techniques and methods to combat tax evasion across international boundaries. As part of the J5, a global tax enforcement alliance between the UK, US,...

  8. Why courage is the backbone of audit

    Last week, over 6,000 finance and accounting professionals from around the world came together in Sydney to discuss the key global challenges and opportunities affecting the profession, including what audit means in today’s modern business environment....

  9. ASIC reveals reasons behind insolvencies in FY17-18

    Inadequate cash flow and poor strategic management of business were the biggest causes of failed businesses in the last financial year, with over 5,000 reports alleging insolvent trading. Small to medium size corporate insolvencies dominate external...

  10. Labor policy to heighten recession risk

    It has been nearly 30 years since the last recession. That means there is a significant number of business leaders and politicians that did not experience the recession at an age where they were old enough to have it etched into their memory, the way...

  11. M&A market ‘better than expected’ through 2018 uncertainties

    market did not perform as well as the previous year, it had come along admirably considering the numbers of changes over the last 12 months, including a new Prime Minister. “Overall 2018 was a pretty good year when you look at all the factors holding...

  12. ‘Won’t be solved overnight’: Regulatory focus on cyber security to continue

    The introduction of several new security regulations over the last 12 months have thrust data and cyber security into the limelight but accountants have been cautioned against forgetting about it in the New Year. In February, new mandatory notifiable...

  13. MYOB directors set to back takeover bid

    vote in favour of a takeover from a private equity giant, subject to certain conditions, and following a revised offer last week. The MYOB board has agreed to recommend a “scheme of arrangement” to shareholders with US private equity giant KKR at $3.40...

  14. ‘Punitive retirees tax’ battle heats up between government, opposition

    shadow treasurer Chris Bowen are having a public spat over Labor’s proposed changes to the franking credits regime. In March last year, the federal opposition announced plans to remove cash refunds for excess dividend imputation credits. In the 10...

  15. Tax scams down in December, taxpayers still lose $500k

    ATO impersonation scams fells by over 12,000 reports in the last month of 2018 but over $500,000 was still reportedly paid to scammers. The ATO’s monthly scam report has revealed that $542,456 was reported as being paid to scammers in December 2018,...

  16. $860m of super claimed in Q4 2018

    Over $860 million worth of superannuation was found and consolidated by taxpayers in the last quarter of 2018, but more than $17.5 billion remains unclaimed. New data from the ATO from October to December 2018 showed that more than 66,000 taxpayers...

  17. MYOB posts online subscriber surge as it contemplates takeover bid

    MYOB’s online subscriptions grew by 57 per cent over the last calendar year, bringing its net profit up by 2 per cent. The accounting software provider saw its revenue jump 7 per cent to $445.2 million for the 12 months ending 31 December 2018, with...

  18. Common GST, property errors flagged for tax agents

    The ATO has flagged some common errors in suppliers’ activity statements since the introduction of GST at settlement. Last year, the government announced new measures that put the onus on purchases to withhold the GST on the purchase price of new...

    • Type: Article
    • Author: Jotham Lian
    • Category: Tax

  19. Commissioner seeks to appeal residency decision in High Court

    the Full Federal Court’s recent tax residency decision, casting doubts on the interpretation of individual residency rules. Last month, the Full Federal Court upheld an appeal by Glenn Harding in Harding v Commissioner of Taxation, ruling that the...

    • Type: Article
    • Author: Jotham Lian
    • Category: Tax

  20. AFCA extends legacy complaints to 2008

    Small businesses harmed by financial misconduct over the last decade have been urged to lodge a complaint with the Australian Financial Complaints Authority after ASIC approved the legacy change. The corporate regulator has approved changes to the...

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