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

  1. ‘Large preparers to suburban accountants’ copped ATO audit

    of the profession” and have the right processes and checks in place; two, agents who are making “avoidable mistakes”; and lastly, a small number of 500 tax agents who fail to go by the law. “The second group, and that’s by far the largest, are those...

  2. ‘Just days left’ until crucial compliance deadline

    June deadline; however, we will not be granting any further extensions for businesses who have not implemented SuperStream.” Last month, a survey by MYOB found there was confusion in the marketplace about SuperStream. “The ATO has announced big changes...

  3. ‘JobKeeper must come to an end’: Employment bounces back to a pre-pandemic level

    point below the rate it was in March 2020. Hours worked by women are 0.6 of a percentage point above what they were in March last year, while hours worked by men remain 1.6 per cent below. “Hours worked increased across all of the states and...

  4. ‘It’s going to be a big one’: tax veteran says to brace for 2018 PLS rollout

    lot of back-office and backend work to get this PLS running, but I know from what I heard, there were some criticisms of it last year that it wasn’t really working effectively. But I do know the tax office has put a lot of time into making sure they get...

  5. ‘It slows growth’: Morrison slams Victorian budget

    has accused the Victorian government of being “addicted to higher taxes”, after slamming the state’s budget released last week. Speaking from Hillwood Berry Farm in Tasmania, a stop on his government’s federal budget tour, Prime Minister Scott Morrison...

  6. ‘Inexplicable and unacceptable’: Melbourne accounting firms face reopening delays

    health services being accessed under Medicare for the same four-week period up to 11 October in Victoria compared with last year, while it has been only an 8 per cent increase in NSW and 7 per cent nationally.” Business Council of Australia chief...

  7. ‘I want grace’: Assistant Treasurer fields tax agents’ ATO gripes

    of tax agents by the ATO, and said he backs of model of ‘graceful’ conduct and communication. At the IPA’s National Congress last week, Assistant Treasurer Stuart Robert fielded a question from an audience member who complained of the poor culture at...

  8. ‘I had no off switch’: Rod Drury reflects on time as head of Xero

    software firm for the past 12 years, admitting to being unable to find optimal work/life balance. “I flew every week for the last two years and, really, for the last 15 years, I’ve flown at least every week or two. While I like to think I was a good...

  9. ‘I came here thinking success would come quickly’

    her lack of English was a barrier to getting almost any job and the $15,000 in her bank account, which she thought would last a year, ran out in three months. “I did have a degree in Russia and not only a degree, I also had a very successful career,”...

  10. ‘Huge frustration’ with new requirement for accountants

    made during the three-year transition period of July 2013 to July 2016. Sixty-six per cent of applications were made in the last four months of the transition period, and 38 per cent of applications were lodged in June 2016.

  11. ‘How will the ATO possibly know?’: Tax Office cracks the whip on crypto transactions

    as the Tax Office acts on the “fruit of its labour”. The ATO’s cryptocurrency data-matching program, announced in May last year, has now resulted in an undisclosed number of letters being sent out to taxpayers, warning them to come clean with their...

  12. ‘Horrendously busy’ tax time 2020 looms

    this tax time, with businesses with 19 or fewer employees completing their first full year of reporting this 30 June. Last year, the ATO urged taxpayers to hold off from lodging their tax returns early, noting that employers had additional time to make...

  13. ‘Green shoots emerging’ with building approval figures: CBA

    had turned the corner despite being 4.6 per cent lower over the year. “We had expected some statistical payback from last month’s big rise,” he said. The level remains subdued, especially on a per capita basis but there is clearer, albeit still modest...

  14. ‘Greater audit activity’ for 2018 FBT lodgements

    their systems and calculations for the new rate, they should also consider the small businesses concessions that kicked in last year. From 1 April 2017, the turnover threshold for FBT concessions increased to $10 million, up from $2 million aggregated...

  15. ‘Great deal of uncertainty’ with tax measures on hold

    Amendment (Enterprise Tax Plan Base Rate Entities) Bill 2017 and the defeat of the hotly debated corporate tax cut plans last week, a backlog of bills continue to sit before the Senate. Speaking to Accountants Daily, TaxBanter senior tax trainer, Robyn...

  16. ‘Great angst’: CA ANZ lobbies against mandatory exam

    for FASEA to reconsider recognising the “significant” existing education and training that chartered accountants undergo. Last month, the Financial Adviser Standards and Ethics Authority (FASEA) released details around the mandatory exam for anyone who...

  17. ‘Glib responses’: Treasury audit framework slammed

    the government’s plan to introduce a three-year audit cycle for SMSFs are “falling on deaf ears”, says one association body. Last month, Treasury released a discussion paper outlining its proposed framework for the three-year model, including suggesting...

  18. ‘Give us a fair go’: Practitioners left scratching their heads over ASIC’s latest estimated industry funding levy

    and not fit for purpose”. ASIC released its latest cost recovery implementation statement for the 2021 financial year last week which shows that costs allocated by the corporate regulator to the advice sector have soared by more than $16 million, up...

  19. ‘Get started now’: Practitioners cautioned on short SG amnesty window

    about the proposed SG amnesty, with one mid-tier partner warning of the short window of opportunity, should the bill pass. Last month, the proposed SG amnesty was resurrected after the previous bill lapsed with the calling of the federal election. The...

  20. ‘Fulsome survey of facts and evidence’ required: ATO speaks on correspondence error

    a high-profile federal court case but says taxpayers should not interpret decisions in isolation of facts and evidence. Last year, the Full Federal Court ruled in Pintarich v Deputy Commissioner of Taxation that Mr Pintarich was liable for the entire...

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