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Slug on high-income earners a budget option: H&R Block
Cost-of-living support could be funded by a levy on the top marginal rate, says executive.
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Government ramps up director ID campaign as deadline looms
The Albanese government steps in with a publicity campaign after figures revealed only one-third of directors have applied for ID.
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Small business will rely on ‘most important budget in a decade’
Vital that government supports the sector with a range of reforms, says COSBOA.
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Politicians damned for ‘dumb’ attempts at tax reform
Australia is saddled with an overcomplex system that punishes families, former ATO lieutenant says.
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‘It went over the top of the sandbags — water got in regardless’
Accountant in flood-stricken Victoria battles to help community despite inundated office.
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Debt crusade means more DPNs on the way, says BDO
The ATO will accelerate its mail-out of director penalty notices in an attempt to reduce the huge amount owed by small businesses.
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Takeaway faces $250,000 fine over child labour laws
Allegations include failure to obtain a permit, shifts exceeding six hours, and an absence of rest breaks.
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Cyber attacks ‘will be fatal for some SMEs’
High-risk organisations should be hit with tougher penalties, CPA Australia says, while small businesses need help to become data literate.
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Forbes names H&R Block as one of world’s best employers
The recognition reflects the work of “our employees around the globe”, says CEO.
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Australians bombarded with 250 scam attempts a year
One in five Australians have been a victim of a scam or know someone who has, according to research from the Commonwealth Bank.
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Liquidator charged for allegedly withdrawing over $150,000
The members’ voluntary liquidator was reported to ASIC by his replacement.
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Where accountants go wrong with advisory
Focus on a particular service that will help a client — such as an internal controls audit — and it starts to make sense, says Damien Greathead of Intuit.
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Fee rise will cripple our grad program: internal audit body
Blanket increase for tertiary education providers will undermine attempts to recruit candidates to the profession.
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Two tax agents banned after falsifying SMSF auditor numbers
Agents found to have acted dishonestly with false statements concerning dozens of SMSFs.
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Productivity Commission warns against multi-employer bargaining
It comes as the Treasurer expects an increase in wage growth as part of his upcoming budget forecast.
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Protect against credit card fraud or pay the price, retailers told
“Chargeback fraud” leaves merchants on the hook for whatever gets stolen, says security specialist.
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SuperStream issues mean ATO should tread softly: SMSF industry
With the office likely to be “bombarded” with breaches, the SMSF industry hopes it will take an “educative approach”.
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Top 1,000 taxpayers paid more than $44bn: ATO
One-fifth of corporate income tax and about one-third of GST comes from our largest entities.
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Lean on specialists for tech and learn to say ‘No!’
Let accountants get on with what they do best and your practice will thrive, Damien Greathead of Intuit says.
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Preparation and speedy response key to cyber protection, experts say
Specialists agree each breach is unique, but every business should prepare an emergency plan.
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