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  1. Perrottet sets his sights on GST, property tax in early hours of leadership

    defeating the Minister for Planning and Public Spaces, Rob Stokes, following former premier Gladys Berejiklian’s resignation last Friday (1 October), after the Independent Commission Against Corruption (ICAC) announced that it will move to investigate...

  2. Permanent STP quarterly reporting concession floated to ATO

    reporting space demonstrating that the ATO has the “appetite” to adopt new concessionary measures. “If you look at the last six months, they brought it in for closely held, they brought it in for this two-year transition phase for micro businesses that...

  3. PepsiCo wins appeal against Commissioner of Taxation

    which was royalty for the use of PepsiCo/SVC’s intellectual property,” the written reasons for the judgment set out. Last November, the Federal Court’s Justice Mark Moshinsky found PepsiCo was liable for the royalty withholding tax at a five per cent...

    • Type: Article
    • Author: Naomi Neilson
    • Category: Tax

  4. Pepper calls on accountants and brokers to embrace relationship

    has become increasingly prevalent in recent years, something Mr Rehayem considers mutually beneficial. In October last year, national accounting group Chan & Naylor announced a joint venture with brokerage Origin Finance. Chan & Naylor Finance now...

    • Type: Article
    • Author: James Mitchell
    • Category: Business

  5. Peak bodies welcome Australia-UK trade deal

    a joint statement welcoming a new Australia-UK trade deal agreed to by Prime Ministers Scott Morrison and Boris Johnson last week. A core tenet of the deal hinges on greater business mobility between both nations. The commitments agreed to will allow...

  6. Peak bodies fear compensation scheme could be last straw for advice industry

    and red tape, say eight of Australia’s largest financial advice industry associations. After the Compensation Scheme of Last Resort opened for consultation on 16 July, Chartered Accountants Australia and New Zealand (CA ANZ), CPA Australia, Financial...

  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. Payroll, compliance issues top dodgy practices in Aussie business

    with two-thirds of the workplace regulator's court cases involved alleged record-keeping or pay slip contraventions in the last financial year.

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

  9. Payroll tax: The hidden risk of interstate employees

    tax in their home state but have one or two interstate employees. The risk of this occurring has been exacerbated in the last two years with the COVID-driven explosion in remote working, with the realisation that many employees can work from anywhere,...

  10. Payroll tax threshold to increase in NSW, SA

    Business) Amendment Bill 2018 being introduced in state parliament has an expected start date of 1 January 2019. “At long last the economic handbrake is coming off small businesses in this state who will soon have more money in their pockets to reinvest...

  11. Payroll tax here to stay, says ex-ATO official

    step in to remove the much-maligned payroll tax, despite Treasury recently weighing in on its impact on employment growth. Last month, Treasury released an analysis of payroll tax data which it claimed proved that the tax is no disincentive on...

  12. Payroll staff on wanted list over holiday period

    recruiter said January was the peak month for annual leave, holidays, flex time or long service leave. ABS data showed that last January, 43 per cent of employees worked fewer hours than usual – the highest proportion since 2018. “With 60 per cent of...

  13. Payroll software suspicions central to FWO’s latest swoop

    a Five Dock outlet in Sydney’s inner west. Further, record-keeping practices have been high on the regulator's hit list. Last financial year, about two-thirds of the FWO's court cases involved alleged poor record-keeping or pay slip contraventions. “We...

  14. Payroll provider hit with breach notice over SA government hack

    provider Frontier Software has been hit with a breach notice from the South Australian government over a cyber attack last month that saw private and financial records of nearly 80,000 South Australian government employees accessed. Department of...

  15. Payroll operators to fortify security after 60% hit by attacks 

    cyber security systems after approximately 60 per cent of global firms were impacted by a data breach at least once in the last 24 months. Automatic Data Processing (ADP) managing director of ANZ, Kylie Baullo, said research by the firm revealed that 44...

  16. Payroll errors more likely under Closing Loopholes reforms

    as a ‘direct result’ of the recent industrial relations reforms, research finds. Having committed no payroll error over the last 12 months would place an Australian business in the minority. Wage theft is now a criminal offence across the country,...

  17. PayPal used unfair contract term with small business, court rules

    allowed it to keep overcharged fees if customers failed to dispute them, a Federal Court has found. The ruling, delivered last week, affects PayPal’s user agreements with small businesses that opened a business account between September 2021 to November...

  18. PayPal undergoes AI-driven ‘revolution’

    and merchants and today marks the next revolution.” Mr Chriss, an ex-Intuit executive, took charge of the payments giant last year to oversee growth after it lost over $U290 billion in market capitalisation from 2021 to 2023. In his first public...

  19. Payments provider names new CEO

    Clipp is at the forefront of the industry in Australia, proven by the rapid uptake of their proprietary technology in the last six months alone. “I’m absolutely thrilled to be appointed the CEO of Clipp. I look forward to working with Greg and the rest...

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

  20. Payment times transparency will not solve small-business woes, says Labor

    the whole economy benefits.” The bill is likely to pass this week, after a Senate committee gave it the green light late last month.

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