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

  1. ‘Real need’ for accountants to ramp up sales expertise

    partially born out of the fact that the accounting profession has looked very similar for a very long time. But in the last five to 10 years, the ATO is now a major provider of online tax services for end users, and there is a race to the bottom with...

  2. ‘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...

  3. ‘Predictable’ budget leaves regional firms behind, says mid-tier

    the back of the positive mid-year economic and fiscal outlook. In the MYEFO release by Treasurer Scott Morrison in December last year, the government confirmed that the budget was on track to return to balance in 2020-21, with the underlying cash...

  4. ‘Political suicide’ inheritance tax gains growing support: Research

    government should consider reintroducing taxes on estates. The University of South Australia (UniSA) released new research last week that shows that public resistance to inheritance and estate taxes may have declined in the 40 years since they were...

  5. ‘Please do not panic’: ATO boss addresses STP concerns

    low-cost solutions. We are a capable bunch of people in Australia, and we will certainly take a reasonable approach.” Last month, the ATO began seeking expressions of interest from digital services providers to develop Single Touch Payroll software for...

  6. ‘Pivotal’ Plutus Payroll fraud figure jailed for 14 years

    the money into a trust account operated by Eddie Obeid’s lawyer Sevag Chalabian, who was sentenced to 12 years’ imprisonment last year for his part in facilitating the blackmail. Justice Payne said while Menon was fearful of the threats of violence, he...

  7. ‘Penalties will resume’: ATO flips the switch on debt recovery

    and their clients that firm action will not be taken if they reach out for help. “We understand the bushfires from last year, COVID-19 or the floods more recently may continue to have a significant impact on taxpayers and tax professionals,” said the...

  8. ‘PDF is not e-invoicing’: ATO explains new payment experience

    $30.87 to process a paper invoice, $27.67 for a PDF invoice, but only $9.18 to process an e-invoice. Where we are now Late last month, the ATO was established as the Australian PEPPOL Authority, an e-invoicing framework being used in 34 countries...

  9. ‘Overconfident’ taxpayers warned to approach tax time with caution

    have included focuses on working-from-home expenses, and a renewed approach to monitoring crypto asset reporting. The ATO last week warned that it would write to about 100,000 taxpayers to alert them to their tax obligations amid growing concerns that...

  10. ‘Our profession can demand a lot’: CA ANZ joins mental health debate

    (IPA) has been lobbying for the role of accountants in the mental health of their clients to be recognised since mid last year. For chief executive of the IPA, Andrew Conway, federal government being aware of the impact an accountant can have on the SME...

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

  11. ‘Onerous’ SG regime called for urgent rethink

    to review the SG regime to ensure a measured approach is used to deal with employers who fall behind on their obligations. Last week, the government introduced Treasury Laws Amendment (2018 Superannuation Measures No. 1) Bill 2019, which crucially left...

  12. ‘One-stop shop’ model tipped to spike

    Rowe said that the demand for more services is evidenced by the fact that 25 per cent of clients have left their accountants last year because they want to retain more than just tax advice. Because of this, Mr Rowe said accountants need to stop...

  13. ‘One of the best courses’: Accountants mental health training launches

    sung high praises of the initiative, labelling it as one of the best courses she has completed. “Just coming off the back of last year, the level of content was spot-on and very timely,” Ms Lawrance told Accountants Daily. “There was a lot of value in...

  14. ‘Obligation to be 24/7’: ATO pressed to reduce maintenance downtime

    The ATO has recorded a 99.5 per cent digital system availability result for the last financial year, but frustrations over routine planned maintenance continue to fester. According to the ATO’s annual report, the availability of its digital systems for...

  15. ‘Not us versus them’: ATO opens up on relationship with accountants

    a torrid 18 months for the profession, who have had to deal with JobKeeper, the cash-flow boost and other support programs last year, and contend with a raft of state and territory support grants this year. Some practitioners believe the ATO has failed...

  16. ‘Not the universities’ teaching accounting grads

    candidates are increasingly looking to external sources to “fill the gaps” between their education and job-ready skillset. Last week, the UNSW Business School said a typical three-year program is insufficient in preparing undergraduates to be fully ‘job...

  17. ‘Not the same for everyone’: Vacancy fee confusion flagged

    owners of residential dwellings, including the confusion around time frames and hefty penalties around non-lodgement. Late last year, the government secured passage of the Treasury Laws Amendment (Housing Tax Integrity) Bill 2017, introducing an annual...

  18. ‘Not sustainable’: FWO criticises businesses for under-resourcing payroll

    Fair Work Ombudsman director of knowledge Cletus Brown said the agency has seen around 30 self-disclosures over the last “two to three years”. “Some of the larger businesses may have taken their eyes off the ball and not employ as many payroll...

  19. ‘No successful claims for dead or fictitious employees’: ATO denies JobKeeper fraud

    our economy in one of its darkest hours of need.” Over $80 billion has been paid since JobKeeper was introduced in March last year. A total of 3.6 million workers were supported at the height of the program, with the figure dropping to 1.5 million...

  20. ‘No material exposure’ to troubled SVB, Xero assures ASX

    the stockmarket it has no “material exposure” to the troubled Silicon Valley Bank following its meltdown in the US late last week. “As at 10 March 2023 Xero’s total exposure to SVB was approximately US$5 million, reflecting Xero’s local transactional...

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