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

  1. Bumper tax refund year sparks early lodgement warning

    attempts to warn taxpayers against lodging early have fallen on deaf ears, with the ATO recording its biggest 1 July ever last year with 740,000 lodgements on the day, leading to a failure of its online systems. This year, the ATO will only begin full...

  2. Bulk ABN cancellations set to continue

    with no other indications they may be in business. “We have also been working to address some of the concerns that surfaced last year about the way we cancel ABNs, particularly in cases where we think a business has wrongly classified their workers as...

  3. Building the next wave of leaders in the accounting profession

    so that mentoring has extended into management and making partner.” Smit says she’s seen a shift in the industry over the last decade, where the accounting profession is now more supportive of up-and-coming accounting professionals who are taking the...

  4. Budget: the tax profession delivers its verdict

    30 June 23. That’s where companies can, if they make current year losses, claim them against other income years over the last three years.” “I think it’s a useful one to support business. H&R Block director of tax communications Mark Chapman said most...

  5. Budget: The should-have-beens

    Institute, which said the lack of any measures “to address the unreasonable cost of childcare were a missed opportunity in last night’s Budget”. It said recent analysis revealed substantial financial disincentives for a family’s secondary earner to...

  6. Budget: Share buy-back change ‘needs scrutiny’

    One of the few surprises last week will have to be examined for unintended consequences once the details are released, says Gavan Ord of CPA Australia. Changes to the treatment of off-market share buybacks was one of the few surprises in the budget and...

  7. Budget: industry bodies lament short-term vision

    Australia’s major accounting bodies are united in their calls for longer-term taxation reforms following last night’s Budget in which the government confirmed the much touted temporary deficit levy. “By ruling out serious structural reforms, such as...

    • Type: Article
    • Author: Michael Masterman
    • Category: Business

  8. Budget: Best of the rest 

    he said. Starts: 1 July 2022 Extension of patent box regime The government will expand the patent box regime announced in last year’s budget to cover more patents in a broader range of sectors. Patents granted after 11 May 2021 become eligible for the...

  9. Budget Week

    of SMSF membership to a maximum of six members. The July 2017 reforms are still being implemented and bedded down now. The last thing we need is more reform. It is time to provide some stability and confidence in the superannuation system and take the...

  10. Budget must ‘fund renewables safety net to prevent rust belt’

    are now at a point where they need detailed financial advice,” said Mr Grant. “Many small business owners have spent the last few years in survival mode and haven’t had the opportunity or funds to engage a financial expert to ensure their business...

  11. Budget measures ‘top priority’: Minister

    passed within two weeks. The minister for small and family business, Stuart Robert, speaking on a CPA Australia podcast late last week, said the skills incentive would especially help accountants train recruits and encourage businesses to seek...

  12. Budget increase plus CPI will push up lodgement penalties 35%

    unit to $275 but that would rise again with CPI indexation introduced from next July. “The high inflation environment of the last three years means the legislated indexing could see penalties for late lodgement spike by over 35 per cent from the current...

  13. Budget funds next stage of nationwide digital ID program

    port, which is face to face and that tends to be prone to errors, issues and fraud.” The rollout of the director ID scheme last year drew considerable criticism from the accounting profession with many describing the process of helping their clients to...

  14. Budget boosts Coalition’s support among accountants

    many accountants already have election fatigue. Asked which best describes how you feel about the federal election campaign last week, just 5 per cent said they are “lovin’ every minute” and “vaguely interested" garnered fewer than one in four. More...

  15. Budget 2017: Small personal tax cuts on the table

    So, don’t be surprised to see a small, but welcome, tweak to the personal tax rates and thresholds. This was the case last year when the 32.5 per cent personal tax threshold was increased from $80,000 to $87,000. That 2016 measure cost the Government...

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

  16. Budget 2017 analysis: Key reform exclusions and when we’re likely to see them

    Australia’s tax law is complex enough without having two assessments acts for taxpayers and their advisers to deal with. In last year’s budget, the government announced a number of “tax reform” measures as part of what it called its “Ten Year Enterprise...

  17. 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

  18. Budget ‘fails to charm small business’, says IPA

    the $20,000 instant asset write-off by 12 months until 30 June 2025, the IPA said they're still waiting on the same one from last year that hasn’t passed Parliament. “Sadly, the Treasurer has failed to charm small business owners that need help,...

  19. Brisbane to enter 3-day lockdown

    hours after JobKeeper’s expiry, which in its final week supported around 1 million jobs. Treasury secretary Steven Kennedy last week said the end of JobKeeper could mass trigger unemployment for up to 150,000 Australians. Lockdown restrictions in...

  20. Brisbane food shops forced to back pay workers over $400k

    body. The Brisbane audits came after the FWO conducted surprise inspections of 24 cafes and restaurants across Launceston last month with almost 150 workers back paid over $120,000. “The Fair Work Ombudsman will continue to prioritise improving...

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