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ATO adds PAYGW prefill to activity statements
In the 2023–24 financial year, 3,000 employers will also be randomly selected to receive reminders regarding the lodgment of activity statements.
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Accountants must alert clients to LMITO, remind them who to blame
Alarm bells in the media could mean angry clients, so tax agents need to explain the change or risk being a target.
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Four-day weeks ‘just a matter of time’, most professionals think
Survey reveals increasing optimism over shorter hours with almost two-thirds expecting them within a decade.
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Taskforce seizes $28m in illegally grown tobacco
Retailers warn of declining sales and a potential budget hole as expensive tobacco products drive buyers towards contraband sales and vaping.
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Former KPMG director joins BDO
The firm bolsters its risk expertise team as businesses increasingly seek assistance with tougher conditions.
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Latitude rebuffs ransom demand from cyber criminals
The finance group says paying up would encourage further extortion attempts.
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KPMG expands environmental award for start-ups
Five finalists will get $250,000 worth of KPMG services with the winner receiving a $100,000 prize.
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KordaMentha appoints forensic, cyber security specialists
Both partners have over 20 years’ experience in the industry and previously worked for big four accounting firms.
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May budget ‘must deliver for imperilled small business’
The sector deserves star billing as it faces a fresh set of challenges, says Gavan Ord of CPA Australia.
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SMSF body develops excess member balance tax calculator
Debate continues around the calculation method for the government’s proposed tax on accounts exceeding $3 million, but the SMSF Alliance has taken matters into its own ...
Potential downturn ‘could be fatal for one-third of SMEs’
A recession could be a knockout blow for businesses rebounding from the pandemic, says a research firm.
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Limited licence advisers ‘an endangered species’
Numbers will drop into double digits this year, according to Adviser Ratings.
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ASIC sues Auto & General alleging unfair contracts
The regulator says a requirement by the insurer imposes an “unclear obligation” that could “mislead or confuse”.
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For some, greenhushing means it’s all quiet on the climate front
As ASIC and the ACCC enforce stricter guidelines around greenwashing, many businesses are backtracking on sustainability claims.
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BGL supplies simple SMSF reporting with accountantsGPS integration
The collaboration will provide clients with a comprehensive analysis of a fund’s compliance and financial situation, says the firm.
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RBA decision ‘welcome relief’, say experts
The first rate pause after a year of increases will give the bank time to assess the full effect of previous rises.
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ATO calls on accountants to ensure smooth FBT returns
As the lodgment date looms, the Tax Office delivers an A to Z on FBT.
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Insolvent financial firms put $692m of claims in limbo, AFCA reveals
The compensation scheme of last resort will be crucial for almost 5,000 complaints on hold due to company wind-ups.
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RBA reveals landmark April interest rate decision
The RBA has announced its cash rate decision following consecutive rate rises to start the year.
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William Buck fast-tracks audit specialist to director
The firm’s Victorian branch boosts its team in a complex area during “challenging times”.
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