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

  1. Treasury considers five-fold increase to statutory demand threshold

    not kept up with inflation. The only time the threshold has been raised was in response to the economic impact of COVID-19 last year when it was increased to $20,000 up until 31 December 2020. The Treasury believes there is merit in permanently raising...

  2. Treasury challenges popular payroll tax gripes

    the most disincentivising tax for any business,” Anderson Tax & Consulting director, Debra Anderson, told Accountants Daily last month. “Many businesses attempt to change their structures to avoid paying it. I personally hate it and would love to see it...

  3. Treasury CGT defence panned, questions raised

    been criticised, with opponents concerned that little to no amendments will be considered. Fronting a parliamentary hearing last week, Treasury’s corporate and international tax division head Paul McCullough said the Treasury Laws Amendment (Reducing...

  4. Treasury boss hails ‘rapid’ ATO stimulus delivery

    looking into the government’s COVID-19 response, Mr Kennedy said $10 billion in stimulus measures had been paid out over the last three weeks, with three times that amount expected over the next month. However, he pushed back on a line of inquiry that...

  5. Treasurer urges non-complacency as employees return to office environment

    reach as high as 15 per cent. As you know, it’s at 4.5 per cent today, a 12-year low. We saw GDP fall in the June quarter last year by its greatest number on record. And we have also seen across the rest of the economy a dislocation as the health...

  6. Treasurer sends warning to premiers as JobKeeper ends

    for premiers to “think twice” before closing borders echoed similar advice offered by Prime Minister Scott Morrison, who last week suggested premiers heed the economic risks posed by such measures. The Morrison government’s $90 billion JobKeeper...

  7. Treasurer reveals additional cost-of-living relief solutions

    other measures to help Australians tackle the cost of living. More cost-of-living relief measures were rolled out on Friday last week to provide more help for Australians around the country, according to Treasurer Jim Chalmers. Chalmers said the...

  8. Treasurer makes moves to prevent 'overtax' in Australia

    the room to ensure that they don't overtax the Australian economy and drive down growth.” Mr Morrison believes that at the last election, Labor abolished their commitment to a tax-to-GDP cap despite the fact they introduced it when they were last in...

  9. Treasurer details tax-free coronavirus grants

    coronavirus grant programs will now be exempt from income tax following a declaration from Treasurer Josh Frydenberg. Last month, legislation was passed to make certain grant payments non-assessable non-exempt income so that these payments are not...

  10. 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

  11. Trans-Tasman e-invoicing board established

    information — that makes life a lot easier for the agent, but it also means you can focus on the analytics,” Mr Walker said last year. [email protected]

  12. Trade receivables plunge to record low: CreditorWatch

    data in 2015. The agency said trade receivables, which measured the average value of invoices, had been sliding since July last year and the 39 per cent drop in January compounded the usual seasonal fall. In a raft of bad data, the January Business Risk...

  13. TPB, ATO quizzed on whether PwC ‘too big to fail’

    imposition of an appropriate penalty because the market couldn’t cope. That’s a big problem for regulation.” An ASIC report last week confirmed that auditor numbers have fallen by one-third over the past decade, to just 3,268 at the start of September,...

  14. TPB, ATO practitioner crackdown reels in $40m

    late SMSF returns owed by tax practitioners have now been recovered by the ATO and Tax Practitioners Board. First launched last year, the TPB’s debt and compliance project has now seen tax practitioners pay over $40 million in outstanding tax bills....

  15. TPB urges action ahead of January deadline for new blitz

    get their outstanding personal tax affairs in order to get ahead of stricter actions, including penalties and prosecution. Last month, the TPB announced the launch of a debt and lodgment project for tax practitioners who have personal tax debts with no...

  16. TPB unveils new ‘transparent’ register

    to improve the effectiveness of the regulatory environment, including suggesting a return of the accountants’ exemption. Last month, the TPB floated a proposal to significantly increase the minimum continuing professional education (CPE) requirement for...

  17. TPB treads fine line with new tax agent rules

    and guidance to resolve unsettled issues with the determination made by Assistant Treasurer Stephen Jones at the start of last month. Small accounting and bookkeeping businesses have feared the additional workloads created by record keeping, quality...

  18. TPB to implement safeguards against ‘vexatious breach reports’

    practitioners for significant breaches and the potential for vexatious reports to be made since the reforms were legislated last year. From 1 July 2024, registered tax practitioners will need to comply with additional breach reporting obligations under...

  19. TPB terminates 4th tax agent for SAN misuse

    other tax agents who look to deliberately misreport a SAN. “In addition to those agents we referred to the TPB, since 1 July last year, we’ve also referred a few to our prosecutions area and that’s where the SAN misuse was considered quite serious...

  20. TPB spies on unregistered agents online, launches new tax time campaign

    agent may or may not have.” The campaign follows a $20 million funding boost to the TPB, as announced in the federal budget last month. The additional funding will come from an increase in tax and BAS agent registration fees, in a bid to ensure the TPB...

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