Assuming last is required, the following 4056 results were found.

  1. Accountants Direct signs up Annature

    in shares or property. The partnership with Accountants Direct comes after Annature achieved 500 per cent growth in the last financial year. Launched in 2020 Annature has seen exponential growth since then. Its technology is compliant with in-country...

  2. Use data prefills or raise a red flag, ATO warns

    through third-party sources such as employers, financial institutions, private health funds and government agencies. Last year the ATO amended over 400,000 individual tax returns by using data that was available through the prefill service but was...

  3. A turning point for transfer pricing?

    organisation holds a solid transfer pricing (TP) position based on the environment they forecast. But that was before the last two years changed everything. COVID changed the way the world did business and global shocks since, such as the Russia-Ukraine...

  4. Play by the rules for June returns

    R&D expenditure thresholds and certain integrity measures. Amendments to the offshore banking unit regime became law last September, removing the concessional tax treatment for OBUs for offshore banking activities from the 2023-24 income year. The...

  5. Insolvency drought about to break

    towards normalisation – although there’s still some way to go,” said Insolvency Australia director Gareth Gammon. “The last couple of years has been one of limbo for our sector (although others might have a stronger term to describe it) – but various...

  6. Double-dip and risk an audit, warns ATO

    providing incorrect information.” Mr Loh said one in three Aussies claimed working-from-home expenses in their tax return last year and the ATO expected this trend to continue. He said a common mistake was using the working-from-home shortcut method to...

  7. Inflation will force a third of businesses to raise prices

    experienced increases in their operating expenses over the previous month compared to just 22 per cent in the same month last year, and the highest level since the survey question was first asked in July 2020. More than a third of businesses expect...

  8. How to process your ATO correspondence more efficiently

    Over the last few years, we’ve adapted to new work environments and accelerated our use of technology to make life easier, more efficient and save time. One thing that hasn’t stopped over this time is the ATO correspondence. While they have moved...

    • Type: Article
    • Author: ATOmate - Powered by BAW
    • Category: Technology
  9. $640k refund caught in GST crossfire

    unfrozen. The whole process took about a month, with the refund arriving on 14 April and the customer getting the money late last week. He said Fortitude was a small firm and the disruption could have been worse. “We’re just fortunate with the time of...

  10. CountPlus appoints CEO and CFO

    CountPlus board for its confidence in his ability to lead the company and harness its executive leadership group. “Over the last several years, I have observed a rejuvenated CountPlus and Count Financial, and I feel privileged to join this strong...

  11. Boutique insolvency start-up expands to Canberra

    and would lean on the resources of the broader business to help service that market. Mr Cathro launched Cathro & Partners last year as a boutique insolvency and corporate restructuring firm focused on helping clients create and preserve business value...

  12. Small business ill-prepared for tech hurdles

    on small businesses too, with 40 per cent of respondents saying their business suffered from a tech skills shortage over the last two years, while nearly a quarter said they were relying on new government and policies to recruit. “Technology, upskilling...

  13. ATO zeroes in on work expenses, crypto investments

    seen a big shift in work-related expenses as one in three Aussies had claimed working-from-home expenses in their tax return last year. Mr Loh said the ATO was expecting taxpayers to make reasonable claims for both home office and travel expenses. “Some...

  14. Thousands of tax debt defaults ‘in the pipeline’

    been informed of several dozen defaults after the ATO revealed that it had sent out almost 300 intent-to-disclose notices last week. Mr Coghlan said all of the taxpayers involved were more than 90 days overdue, had no engagement with the ATO and while...

  15. Taxpayers get wise to ATO impersonators

    Phone, SMS and email have fallen markedly since last year. Fake calls and messages from people claiming to be the ATO have fallen 70 per cent compared with 12 months ago, according to the latest data. Just 1,058 cases of attempted scams were reported...

  16. ATO calls time on debt as business challenges mount

    time to pay’,” Mr Spring said. Director penalty notices are now being issued at the rate of 30-40 a day, the ATO admitted last week, and it had begun reporting debt of $100,000 or more to credit agencies. This followed a series of more than 80,000...

  17. ATO issuing 30-40 penalty notices a day – and rising

    taxpayers to credit agencies as it steps up debt collection post-COVID. The DPNs follow 52,319 warning letters dispatched last month to directors of companies with outstanding debts on PAYG, the superannuation guarantee charge and GST. The letters...

  18. Warning shot frightens directors into action on debt

    according to insolvency specialists across Australia, who said inquiries have risen sharply since the ATO letter went out last month. One large practice said inquiries from directors had doubled and almost all of them had received a letter from the Tax...

  19. SMEs struggle to finance growth, navigate headwinds

    – up from 42 per cent in 2021. Significantly, more SMEs were using acquisitions to add value to customers (45 per cent) than last year (33 per cent). “Funding will play a role in helping small businesses navigate these headwinds,” Mr Callaghan said....

  20. The key to going digital: Keep it simple

    and medium enterprises have no digitisation or only a very low level, according to MYOB’s Closing the Digital Gap paper last year. It found that increasing digital adoption among SMEs could lead to a 1.8 per cent increase in the sector’s contribution to...