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

  1. ATO surveillance sees hundreds of SMSF ABNs cancelled

    risks or red flags with the individual setting up the fund. Ms Fleming said that out of the 26,000 SMSF registrations in the last financial year, 2,100 were flagged for additional reviews by the ATO’s risk analytical model. “Of those additional reviews,...

  2. MYOB draws battle lines with Xero as results released

    figures for 2018 have given MYOB confidence in “grabbing market leadership”, according to its chief financial officer. Last week, Xero saw its net loss for the six months ended 30 September 2018 widen to $NZ28.6 million, up from $NZ19.6 million from the...

  3. ‘Name and shame’ proposal for tax dodgers cops backlash

    and entities connected to illegal phoenix activities has its merits but more needs to be done, says industry voices. Last week, Labor announced that if it came into government, it would introduce measures to allow the commissioner of taxation to “name...

  4. Cap lifted on popular financing option for clients

    on interest-only residential mortgage lending for banks and other lenders. This cap was originally put in place in March last year in a bid to reinforce sound lending practices, and has resulted in a cooling down of the interest-only lending market....

  5. Tax, SMEs set to be ‘political football’ in 2019 as election nears

    Daily, RSM principal, Jarrad Turnbull believes SMEs will be thrust into the spotlight as political parties look to claim last minute votes. “The SME space will be a political football in the lead up to the election, predicted to be in May 2019, as all...

  6. Get aggressive with mortgage payments, says real estate boss

    poised” and any rate rise could catch out overstretched property owners. “One thing that is undeniable over the last five years, is that there are a number of people out there that have overstretched themselves and that will only come to the fore as and...

  7. Payroll, false records sees business cop $140k penalty

    laws by failing to issue pay slips and providing Fair Work inspectors with false records during the investigation. In August last year, the FWO had discovered issues with record-keeping at several Degani outlets, leading to audit activity that found...

  8. Transaction requests glitch strikes at ATO

    The issue follows the transition of the SBSCH system from the Department of Human Services to the ATO’s online services last year, which saw a number of teething issues, including delays to processing and crediting of payments. The issue brought about...

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

  9. SMSF loans set as election battleground

    cash refunds for excess dividend imputation credits has been a divisive election issue since it was announced in March last year, SMSF borrowing is another issue fuelling debate between Treasurer Josh Frydenberg and shadow treasurer Chris Bowen, more...

  10. Major bank spies change in investor behaviour, preferences

    Z, Gen X and Gen Y investors. Gen Y investors now represent the largest cohort of investors who traded international shares last year,’’ Ms Dale said. “Australian investors, particularly younger investors, understand that while the Australian...

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

  11. Tax Office updates low-cost STP providers list

    single touch payroll solutions for micro-businesses. The Tax Office first published its initial list of suppliers late last year, with prominent software providers and a big four firm featuring. The solutions are required to be affordable, that is, cost...

  12. Government yet to address ‘unfinished business’ for super

    Parliament. In an online blog, SMSF services provider Heffron SMSF Solutions said that when Parliament concluded in December last year, there were still a number of superannuation-related measures and bills that were yet to be passed into law. With only...

  13. Inappropriate accounting treatments continue to plague entities

    concerns over the new accounting standards, with the corporate regulator noting a general lack of preparedness by entities last year. Last week, the corporate regulator released its findings of its audit review, finding that in 20 per cent of cases,...

  14. Tax advisers urged to get ahead of new tender policies

    to tender for government contracts, to get their tax records in order ahead of new rules that kick in from 1 July. Late last year, the government released a consultation seeking to introduce a new government procurement process that will exclude...

  15. Funding constraints linger despite government’s regulator blasting

    the regulators were being systematically defunded, pointing to the $170 million funding boost to the regulators and courts last year. “We have increased their funding by $170 million across the regulators and our enforcement agencies and we will ensure...

  16. Major software providers reveal cut-price STP product

    simple to use that these businesses will benefit from using it and at a price point where they can afford it as well.” Late last year, the bill proposing to extend STP to employers with 19 or less employees from 1 July 2019 was passed by the Senate, but...

  17. New online services rolls out to all BAS agents

    it sounds like a minor thing but simple things like that make it very easy to navigate.” Feedback from other private testers last year were largely positive as well, particularly around new functionality, including increased visibility and access to...

  18. Accountants’ prior learning mulled by FASEA

    with training they’ve already done, and mandated training which can’t be used in practice. Accountants Daily reported last year that FASEA had written to the major professional bodies, inviting them to consult about having their designations and CPD...

  19. New anti-money laundering obligations get pushback

    transactions. Work to bring accountants, lawyers and real estate agents under the regime were stalled by the government last year, with Labor now set to use this as an election campaign issue to combat criminals who use “dirty money” from crime...

  20. Hope for SG amnesty falters as time runs out

    likely given up trying to pass it; however, there may still be hope for the SG opt-out, says a technical expert. On 24 May last year, the government announced a superannuation guarantee (SG) amnesty which would give employers an opportunity to rectify...

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