Assuming last is required, the following 4012 results were found.

  1. ATO announces STP Phase 2 blanket deferral

    to keep businesses afloat,” said Mr Greco. “Practitioners have not experienced business as usual conditions since March last year. “The ATO has acknowledged the workload predicament facing practitioners. The profession will take any concessions...

  2. Business closures ‘inevitable’ as defaults rise

    the death knell for businesses. New data from CreditorWatch has revealed that business defaults increased by 20 per cent last month, averaging a 10 per cent increase over the last three months. While defaults only rose by 0.6 per cent compared to August...

  3. New casual employment laws to kick in with $66k penalties

    employment as long as they have been employed for at least 12 months, have worked a regular pattern of hours over the last six months, and can continue to work these hours in a full-time or part-time capacity. Penalties in place The FWO notes that...

  4. Rogue agent sees over 2,000 taxpayers impacted

    Stroe, also known as Jessa Layola, who was illegally preparing tax returns. Ms Van Stroe was ordered by the Federal Court last month to stop preparing and lodging income tax returns, after a TPB investigation leveraging taxpayer data found that she had...

  5. Financial adviser numbers hit 5-year low

    in Australia as of 30 June 2021, the first financial year since 2015 that ended with numbers falling below 20,000. In the last year alone, the number of advice licensees fell from 2,125 to 1,907, a 10 per cent decline, with advisers that are part of a...

  6. NSW pushes ahead with JobSaver retest amid compliance talks

    compliance burden for businesses and advisers alike. The development comes after the NSW government abruptly announced plans last Friday to require businesses to reaffirm their decline in turnover every fortnight to remain eligible for JobSaver payments...

  7. Carbon Group expands in WA

    also based in Perth. The network has been on an aggressive growth streak since it launched in 2014, and has committed the last three years to establishing “hubs” in states across the country, after locking in more than 13 mergers and acquisitions in its...

  8. Beauty business denied cash-flow boost

    fee of $25,000 to Ms Knight, including a net payment of $13,602 and $11,398 in PAYG withholding. The entry was raised in the last week of March 2020, after the cash-flow boost measure was enacted by the federal government on 24 March. The ATO contended...

  9. Big challenges for microbusinesses during COVID-19

    close link between people's financial wellbeing and their mental health. “I actually did my mental health first aid training last year – twice!” she says. “We have more freedom in South Australia than in some other parts of Australia at the moment but I...

  10. Practical advice can help clients navigate uncertainty

    Difficult decisions Just when the worst appear to be over, COVD once again brought parts of Australia to a halt. “I thought last year was hard, but this year is harder,” says Hima. “No-one knows how long this outbreak will last, and clients who worked...

  11. Crypto and SMSFs – what does it all mean?

    of the cryptocurrency is not in AUD$ it will require conversion, as at the end of the financial year, determined by the last traded price prior to the end of that financial year. 10. ATO monitoring of cryptocurrency While some consider that...

    • Type: Article
    • Author: SuperConcepts
    • Category: Super
  12. Sydney accountant sentenced over BAS fraud

    charged with five other counts of dishonestly obtaining a financial advantage by deception. The matter was due to be heard last Friday but has now been adjourned to 22 October. The Tax Office said it would not hesitate to prosecute errant advisers, and...

  13. Cloud-based Automated Financial/Management Reporting

    automates away those wasted unproductive hours. Significant growth in virtual operational capabilities required in the last year and a half will only increase, and working from anywhere, anytime on any device is a must. Company Consolidations have never...

  14. ATO lets ineligible businesses off the hook for $180m in JobKeeper payments

    the publication of the list of JobKeeper recipients with turnovers of more than $10 million. The House of Representatives last month batted away key transparency amendments to the Treasury Laws Amendment (COVID-19 Economic Response No. 2) Bill 2021,...

  15. Labour hire operators face jail for $4.6m illegal phoenixing scheme

    found to have charged clients tax before withholding it from the ATO. An investigation headed by the ATO’s Phoenix Taskforce last week saw Seng Leng Heng, the ringleader of an illegal phoenixing scheme sentenced to eight years’ jail, along with Nathan...

  16. Time for some tough talking

    outstanding tax debts, while the Australian Tax Office had cut businesses some slack, this generosity wasn’t going to last forever. And it hasn’t. For a while, the ATO had been sympathetic about uncertain cash flows and made some changes to its normal...

    • Type: Article
    • Author: Glenn Crisp, Jirsch Sutherland
    • Category: Business
  17. Unpaid overtime surges amid the pandemic

    their state.” The new data emerges off the back of the introduction of new Fair Work Annualised Wages legislation in March last year, which offers guidelines to employers to help capture hours of work, and encourage them to electronically record a...

  18. Assistant Minister to the Prime Minister for Mental Health and Suicide Prevention shares insights in Momentum Media exclusive

    but needs business leaders to play an active role too. In addition to doubling its spend on mental health resources over the last decade, the government has recently committed over $5 million to supporting mental health first aid courses – something...

    • Type: Article
    • Author: Reporter
    • Category: Business
  19. UK tax increase offers platform to governments to consider COVID-19 debts

    move highlights the need for leaders to start thinking about the ways they will repay the economic costs shouldered over the last couple of years, as economies move to live with COVID-19. “The Morrison government is not immune from this, Australia has...

  20. Client satisfaction a pandemic silver lining: HLB Mann Judd

    a rise in client satisfaction for accountants, who have found new ways to offer added value to their services over the last two years. The research analysed client sentiment among clients who have engaged with accountants across the HLB Mann Judd...