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

  1. Victorian accountants sweat on stage 4 lockdown announcement

    beauty and personal services, entertainment and gyms will need to close. What’s next for Melbourne accountants, bookkeepers? Last month, all nine professional bodies of the Tax Practitioners Stewardship Group had called on the Victorian government to...

  2. Why the ATO needs to come clean with myTax

    The ATO has claimed a 12 per cent increase in tax returns lodged in the first two weeks of July compared with the same time last year, but practitioners aren’t convinced they are seeing the same spike in their business this tax time. H&R Block director...

  3. Accounting bodies to weigh in heavily on JobKeeper 2.0 design

    2.0 changes kick in from 28 September. The extension of JobKeeper for a further six months to 28 March 2021 was announced last week, revealing a new two-tiered payment rate and a tighter eligibility requirement. The changes include a new decline in...

  4. ‘Breach of transparency’: ATO called to disclose lodgement statistics

    receiving over 1.7 million individual tax returns in the first two weeks of July, a 12 per cent increase on the same period last year. H&R Block director of tax communications Mark Chapman, who sits on the TPSG, said the ATO’s refusal to share lodgement...

  5. Incomplete ATO client lists highlighted ahead of TPAR deadline

    out to the building and construction industry. The courier and cleaning industries were required to lodge for the first time last year, with the road freight, security, investigation, surveillance and IT industries now included.

  6. Navigate change with these 5-steps to achieving best practice payroll

    your ability to manage payroll? Did you have the right systems and data security credentials in place? If a review of the last three to four months exposes serious concerns or gaps in your process, you may find it is time to consider outsourcing or...

    • Type: Article
    • Author: ADP Australia and New Zealand
    • Category: Regulation
  7. Government seeks fresh input ahead of October budget

    of a once-in-a-century pandemic may be that it presents an opportunity to make once-in-a-century changes to our tax system.” Last week, the government revealed an $85.8 billion deficit in 2019–20 and a $184.5 billion deficit in 2020–21 as part of its...

  8. CA ANZ pours cold water over BAS expansion proposal

    for agent registration ahead of implementing any potential changes. The independent review, submitted to the government last October, has still yet to be publicly released. In the meantime, the TPB has sought to implement new changes, including raising...

  9. Increased SME borrowing a ‘green shoot’ for the economy, says ABA

    begun restarting loan repayments again, with the value of SME loan repayments on deferral dropping by more than $686 million last month. ABA chief executive Anna Bligh said the new figures showed small businesses were growing in confidence about...

    • Type: Article
    • Author: Reporter
    • Category: Business
  10. [Webinar] Why client engagements are actually worth it – with TPB & Practice Ignition

    session will cover changes to Tax Practitioners Board and Chartered Accountants Australia & New Zealand guidance over the last 12 months and ensure you’re up to date on best practices. During the session, we’ll discuss: How often you should engage your...

    • Type: Article
    • Author: Practice Ignition
    • Category: Business
  11. JobKeeper extended but eligibility and rates to change

    that enrolled in the program suffered an average decline in turnover in April of 37 per cent compared to the same period last year.

  12. JobKeeper, Centrelink data-matching program begins

    to extend the JobKeeper program beyond its legislated September end date. The new program comes after the ATO announced last month that it would acquire the data of 3 million Australians from Services Australia to verify individuals’ eligibility...

  13. Yes, there are millionaires who pay no tax, but crimping deductions mightn’t help

    “cost of managing tax affairs” claim an average of about $1.7 million each. It might have been with this in mind that during last year’s election campaign, Labor promised to cap the size of the deduction people could claim for “managing tax affairs”....

    • Type: Article
    • Author: Ann Kayis-Kumar, Chris Evans, Youngdeok Lim, UNSW
    • Category: Tax
  14. Two-thirds of SMEs expect further economic decline; on-time payments to be ‘critical’

    optimistic about the timeline for recovery, with 36 per cent stating they expect the pandemic and its economic effects will last for six to 12 months, and another 26 per cent predicting recovery to take another year or two, possibly longer. MYOB chief...

  15. ATO records ‘biggest 1 July ever’ with 640% spike

    two weeks of tax time has now seen 1.7 million individual tax returns lodged, a 12 per cent increase on the same period last year. The average refund amount this year stands at $2,365. “More than $1 billion will have hit 457,000 taxpayers’ bank...

  16. Short-changed for lodging quarterly: A case study

    but was ultimately denied access due to the fact that he had only made taxable supplies in January 2020 and his last statement to the ATO was for the quarter ended 31 December 2019. The taxpayer provided proof of taxable supplies made in January 2020,...

  17. Former insolvency partner faces jail time charges

    both. Ms Young, of Lewisham, New South Wales, was a former registered liquidator who saw her registration cancelled by ASIC last month, after a disciplinary committee concluded that she had improperly used her position, falsified books and...

  18. Enhance your advice on workers compensation amid evolving workplace changes driven by COVID-19

    insurance for themselves. Premiums are capped at 30%. icare compares your premium percentage rate for the renewal against last year’s premium percentage rate. If the percentage difference exceeds 30%, icare will cap it and your client won’t pay any more...

  19. Tax watchdog vows to inspect JobKeeper termination letters

    it has happened since the IGTO took over the complaints handling function from the Commonwealth Ombudsman in 2015. As of last week, the IGTO has received 202 complaints, raising about 260 issues relating to COVID-19 stimulus payments. Ms Payne said 33...

  20. Practitioners, clients disgruntled by ‘unfair and inequitable’ JobKeeper anomaly

    to push back against the ATO as the government is urged to consider changes ahead of its economic update next week. Late last month, the ATO began sending out letters to 8,000 businesses, warning them that the $1,500 per fortnight wage subsidy would...