Login
iscover
News
Foreign student cap ‘will exacerbate accountant shortage’
CPA Australia and CA ANZ have warned the government against rushing to set a cap on international students as the profession faces a shrinking graduate pipeline.
...
Popular $20k tax break fails to move needle on SME cost pressures
A MYOB survey finds the instant asset write-off scheme was the FY22–23 budget’s most popular relief measure for small businesses, but one in two respondents want more...
Federal budget: The accounting profession delivers its verdict
The Federal Budget for 2024 delivered smaller, targeted small business support but failed to deliver more comprehensive changes, say accounting bodies and business advoca...
You’re missing out if you don’t use AI often, accountants told
It is up to accountants to use AI tools often to reap their benefits, a technology strategist has said.
...
SMSFA urges Senate crossbench to halt ‘flawed’ super tax bill
The decision by the Senate Economics Legislation Committee to proceed with the bill without amendment will result in many unintended consequences, the SMSF Association ha...
Business tax incentives, tax reform top of budget wishlist
The accounting profession has outlined the critical measures it would like to see handed down in tonight’s federal budget.
...
NFPs urged to update associates, contacts ahead of new reporting
Non-charitable not-for-profit organisations must update any new associates and authorised contacts ahead of lodging their first self-review return, says the ATO.
...
Cash flow analysis key to small business restructuring
Directors using the scheme will need cash flow forecasts, and accountants are primed to provide them, according to a financial advisory partner.
...
Committee approves PwC reforms, downplays concerns of ‘chaotic’ agenda
The recommendation to pass the bill comes despite concerns over hefty new promoter penalties and a push to separate its PRRT provisions.
...
Senate committee gives $3m super tax bill the green light
The draft of the $3 million super tax legislation remains unchanged and will include the taxing of unrealised gains and no indexation.
...
SMEs still unaware of payment times regime, government told
CA ANZ and CPA Australia have said there has been little improvement in actual payment times and the government should consider non-regulatory avenues such as e-invoicing...
Work/life balance trumps salary for accountants, Seek data shows
Job-hunting accountants value flexibility and the ability to work from home the most, while financial considerations are more important for those working in law or financ...
PKF launches software to ease burden of CPD management
The accounting firm has developed a Microsoft Outlook (Office 365) add-in enabling accountants to save hours of manual entry for CPD records.
...
ATO urges professional firms to clean up distribution statements
Grant Thornton partner Paul Banister says the Tax Office’s most recent update suggests it is not getting the information it needs to apply its risk compliance framework...
WA directors convicted for failing director ID requirements
Two Western Australian directors have been convicted in the Perth Magistrates Court and fined $5,000 for failing to obtain director ID numbers.
...
Service entities must face looming payroll tax issue ‘head on’, warns tax lawyer
Businesses such as medical practices should start reviewing their payment arrangements now with certain amnesties for payroll tax ending soon.
...
Victorian budget fails to save GP clinics from ‘payroll tax fiasco’
The Victorian government is facing renewed calls to address the “devastating patient tax” impacting clinics after the budget failed to deliver a solution.
...
Business NSW calls for federal review to end payroll tax, stamp duty
Business NSW has called for a major review and overhaul of Australia's tax system by the government.
...
RBA unlikely to change course until next year, economists predict
The Reserve Bank is expected to keep rates on hold until next year in order to retain strength in the labour market while managing inflation.
...
ASBFEO to be given additional powers in franchising reforms
The Australian Small Business and Family Enterprise Ombudsman will have the power to name and shame franchisors who fail to participate in dispute resolution, the governm...
Page 59 of 188
