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

  1. Income tax cuts tipped to be brought forward, backdated

    Labor has also indicated that it will throw its support behind the brought-forward stage 2 cuts. “We, of course, argued last year that stage 2 of the tax cuts should be brought forward. So, there will be nothing surprising if we took a position...

    • Type: Article
    • Author: Reporter
    • Category: Tax
  2. Senator Hume flags further possible relief for advisers

    address ahead of the AFA National Conference later this month, Ms Hume said she had spoken to “hundreds” of advisers in the last year and had been listening to their concerns around regulatory change. “Progress has been made and there’s more to come,”...

  3. Morrison government fronted on $1.5bn accountant advice scheme

    in almost a century, and the announcement of measures such as the complex insolvency reforms announced by the government last week,” Mr O’Connor said. “Businesses are already closing, workers are already being laid off and many vulnerable Australians...

  4. Government reveals $800m digital business plan

    of electronic invoicing by 1 July 2022 for all Commonwealth government agencies. This comes after the government announced last year that it would adopt five-day payment terms on contracts where both the government and a business are using the...

  5. Victorian small business grants now income tax free

    means the scheduled major step for most businesses to reopen on 26 October will now likely be brought forward by a week. The last step to reach “COVID normal” will also no longer be defined by a calendar date but will require zero new cases in the...

  6. Diversification risks to remain firmly on ATO’s radar, says SMSF expert

    to see further letters sent out at some point by the ATO to trustees in regard to this particular issue,” Mr Dunn said. Last year, the ATO contacted 17,700 SMSF trustees and their auditors who had more than 90 per cent of their assets in a single asset...

  7. Investment strategy breaches tipped to see rise in disputes

    fail to meet the requirements, this is one area that could see an increase in legal disputes, warns a technical expert. Last year, the ATO wrote to 17,000 SMSF trustees who had more than 90 per cent of their assets in a single asset class and their...

  8. Government flags insolvency reform ahead of expected wave of closures

    companies that have gone into external administration over the period from March to July 2020 compared with the same period last year. It believes the new regime will cover around 76 per cent of businesses subject to insolvencies today, 98 per cent of...

  9. Commissioner registers updated JobKeeper alternative tests

    test removes the requirement for entities with multiple acquisitions, disposals and restructures to use the period after the last of the sequential transactions. Where an entity has had multiple acquisitions, disposals or a sequence of restructure...

  10. ATO’s ‘hands are tied’ on cash flow boost, JobKeeper anomaly: Tax Institute

    was derived or the supply was made. ‘A missed opportunity’ The Treasury was confronted on the issue at a Senate inquiry last week but responded by noting that the design of the program was a matter for the government. The department also confirmed that...

  11. Alternative tests ‘still apply’ for JobKeeper extension

    alternative tests this week after the Treasurer’s rules and the subsequent commissioner’s determinations were registered last week. These alternative tests are expected to mirror the original tests that cover seven circumstances, including businesses...

  12. ATO reveals ASIC outcomes for SMSF auditors in FY2020

    of 19 SMSF auditors at their request during that year, following compliance concerns raised with them by the ATO or ASIC. Last month, ASIC reported that it had cancelled the registrations of 36 SMSF auditors and imposed conditions on a further six in...

  13. 8 steps to follow when making job offers to accountants

    Promoted by Accountests Losing your preferred candidate at the last hurdle in the selection process is a demoralising and expensive experience. Avoid repeating it by following the 8 steps used by professional recruiters: Current global events have...

  14. PAYG variation check-up ‘a good idea’ in light of extended ATO flexibility

    the ATO has recognised that.” Mr Croker also urged business owners not to leave PAYG instalment variation discussions to the last minute and to seek out early advice from accountants who are best placed to understand their current situation. “For the...

  15. Now is the time to shatter the insolvency stigma

    change the way people regard insolvency by changing how we talk about insolvency. Instead of referring to insolvency as “a last resort”, we say it’s “the right decision”, and rather than “undertaking a procedure”, we say “finding a solution” to put an...

    • Type: Article
    • Author: Andrew Spring, Jirsch Sutherland
    • Category: Business
  16. ATO complaints going nowhere: Tax watchdog probes discrepancy

    issue previously. Inspector-General of Taxation Karen Payne has revealed that her office received 903 complaints over the last financial year where the ATO said it had no record of such complaints being raised with them. However, 86 per cent of online...

  17. ‘Astonishing collapse’ on the horizon as zombie companies spike

    and insurance companies are the least likely to be paid on time, with a 657 per cent spike in late payments from this time last year. Transport, postal and warehouse late payments were up by 500 per cent to 90 days, while administrative and support...

    • Type: Article
    • Author: Cameron Micallef
    • Category: Business
  18. CPA Australia presses Daniel Andrews for business support

    until 26 October, on the condition that average state-wide cases fall under five for the previous 14 days. Moving to the last step, where all industries will be allowed to reopen under some form of restriction, will only happen from 23 November if the...

  19. ATO monitoring new compliance item in SAN misuse mailout

    will help identify instances where trustees and tax agents have lodged returns before the completion of the audit report. Last year, the ATO began issuing SMSF auditors with a list of funds that have quoted their SMSF auditor number (SAN) in order to...

  20. ATO settles JobKeeper ordinary income debate

    offset, and the base rate entity tax rate. The ATO was pressed into action by the Tax Practitioners Stewardship Group early last week, leading to the updated guidance on Friday, and has since been described as a “sensible outcome” by the Tax Institute’s...