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Assuming last is required, the following 3591 results were found.

  1. Why the strategic advice of accountants is vital for SMEs in 2024

    in the face of economic hardships. Gross value added (GVA) from this group of professionals remained fairly steady over the last three years but started to soften in recent months. The challenging conditions facing the broader business sector mean some...

    • Type: Article
    • Author: Paul Robson, MYOB
    • Category: Business

  2. Why the ATO needs to come clean with myTax

    The ATO has claimed a 12 per cent increase in tax returns lodged in the first two weeks of July compared with the same time last year, but practitioners aren’t convinced they are seeing the same spike in their business this tax time. H&R Block director...

  3. Why tax time turns accountants into cyber targets

    that, on average, there is one cyber attack in Australia every seven minutes and attacks are up by 13 per cent compared with last year. In my experience, accounting practices are prime targets for cyber attacks because they hold vast amounts of...

  4. Why swift action to flatten the COVID-19 ‘insolvency curve’ is vital

    we’ll see a proliferation of businesses failing completely or experiencing dire financial difficulties. Indeed, during the last GFC, the busiest insolvency period occurred some 12 to 18 months after the initial shock, when banks began to enforce...

    • Type: Article
    • Author: Sule Arnautovic, Jirsch Sutherland
    • Category: Business

  5. Why STP Phase 2 is good news for you and your clients

    Learn more about the expansion of Single Touch Payroll (STP) and what it means for your clients. Last month it was announced that mandatory reporting for STP Phase 2 will commence from 1 January 2022—six months later than initially planned. The news...

    • Type: Article
    • Author: ADP Team
    • Category: Business

  6. Why stormy economic weather makes financial forecasting vital

    are so severe, feels like a luxury. According to ASIC data, 65-70 per cent of businesses that entered insolvency during the last 10 years were small businesses with fewer than five full-time employees. In the four-year period from June 2019 to June...

  7. Why SMSF investors need due diligence around R&D tax incentives

    for reviews and audits by either of the government bodies responsible to regulate them, AusIndustry and the ATO. In the last 12 months the ATO particularly has increased its focus on reviewing companies that have made R&D tax claims and investors should...

  8. Why safety-first budget yields bonanza of questions

    cautious support measures for small business are short on detail. Targeted relief for the most vulnerable The measures in last week’s budget were not unexpected. It understandably seeks to assist those most in need, the most vulnerable, those most...

  9. Why revised promoter penalties need clear boundary maps

    increase in maximum fines, exemptions for the provision of advice will have to work effectively. As I outlined in last week’s article, the current promoter penalty (PP) provisions have remained largely untouched since their introduction and have been...

  10. Why Peak Chartered Accountants are so tech-positive

    up so much RAM on our hosted server solution that the system would begin to grind as the day went on. Then during lockdown last year in April, I recognised we were in a hybrid situation where we didn’t need to be working through a centralised service....

  11. Why payday super offers a timely chance to close the gap

    support for their employees). The new PDS policy was announced jointly by the Treasurer and Assistant Treasurer on 2 May last year as part of the budget measures announced on 9 May. The policy sits against the historical landscape of decades of...

  12. Why Other Professions Bill More than Accounting

    a service is a late bloomer. That’s also why accountants keep taking those ‘quick calls’. Think about lawyers. When was the last time you squeezed in an unbilled ‘quick call’ with a lawyer? Every minute is scheduled, every conversation is billed—it’s...

    • Type: Article
    • Author: Change GPS
    • Category: Business

  13. Why now is an opportune time for accountants

    over the next few years – my guess is that future data will show us that many zombie companies have been lurking for the last two years." Going forward, Mr Withane said he expected accountants to see more clients in need of restructuring and turnaround...

  14. Why more Millennials are turning to SMSFs

    more cost-effective. And the SMSF Association really validated a lot of that and debunked ASIC’s fact sheet that they had last year by releasing research to show that costs are coming down, which, therefore, means the framework for entry points and...

  15. Why it’s time for accountants to raise their prices

    fees for your services going forward, which can have a transformative effect on your revenue. Determine your tiered pricing: Last but not least, have a think about your tiered pricing structure and create a detailed pricing matrix. To do this, consider...

  16. Why finance will welcome fewer systems, but more AI, fraud defence

    Software consolidation, automation with a human touch and fortified scam prevention are on this year’s agenda. Last year marked a breakthrough for emerging technologies and many finance leaders began thinking about how they can integrate new tools into...

  17. Why early access to super should be a last resort

    informed of all potential consequences, however unintended they may be, and continue to treat early access to super as a last resort. Naz Randeria is the managing director of Reliance Auditing Services.

  18. Why Division 296 sets a stressful precedent

    relating to structured settlements, child recipients of superannuation income streams and individuals who die before the last day of the income year. As a result, an individual who dies on any day from 1 July to 29 June of an income year is not subject...

  19. Why Digital Marketing Is Your Best Defence Against Economic Uncertainty

    COVID-19 pandemic has been undeniably bad for business. International trade has been near impossible for the bulk of this last year, and job scarcities across the globe have limited consumer spending. That being said, the tumult of 2020 seems to have...

  20. Why cyber security keeps Jordan awake at night

    we’re conscious of the challenges that accompany our digital landscape. “I have been asked several times over the last year, ‘What keeps me up at night?’ My response has always been: cyber security. “The ATO holds about 50 petabytes of data. This is...

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