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

  1. ATO releases initial JobKeeper guidance

    business portal between 4 May and 31 May 2020. While the JobKeeper payments began on 30 March, legislation was only passed last week, and the ATO’s guidance now comes in the second fortnight period running from 13 April to 26 April. As such, the ATO...

  2. EY moves on pay cuts amid COVID-19 downturn

    significant and prolonged downturn in demand, and re-deployment is not possible, redundancy will be reluctantly applied as a last resort. “We are well aware of how anxious our people are feeling amid this disruption and uncertainty, and we continue to...

  3. NSW announces 25% land tax relief for commercial, residential landlords

    the land tax concession. The new package follows on the mandatory code of conduct announced by Prime Minister Scott Morrison last week which set out rental waivers and deferrals for commercial tenancies. NSW Treasurer Dominic Perrottet said the new...

  4. COVID-19: Business hibernation strategies

    While this strategy does not conserve cash in the short term, it does at least reduce the business’s liabilities. As a last resort, consider standing down staff or doing layoffs. Also consider whether you may still be able to access JobKeeper payments...

    • Type: Article
    • Author: Manda Trautwein, William Buck
    • Category: Business
  5. PwC slashes pay, hours by up to 40%

    support our clients as the economy powers back up.” Mr Seymour did not specify how long the new working arrangements would last, but he said the goal was to return to usual conditions “as soon as possible”. While the change follows a drop in client...

  6. ATO adopts ‘strict line’ on PAYG withholding deferrals

    the ATO’s concession generally applies to large withholders — or those that withheld more than $1 million in tax in the last financial year — Mr Kanagaratnam believes advisers should not be afraid to approach the ATO should the situation call for it....

  7. Coronavirus scams on the rise, says ACSC

    phishing emails seeking to take advantage of the uncertainty around the ongoing COVID-19 crisis. According to the ACSC, the last three months have seen a significant increase in the number of individuals and businesses reporting scams and phishing...

  8. Why swift action to flatten the COVID-19 ‘insolvency curve’ is vital

    we’ll see a proliferation of businesses failing completely or experiencing dire financial difficulties. Indeed, during the last GFC, the busiest insolvency period occurred some 12 to 18 months after the initial shock, when banks began to enforce...

    • Type: Article
    • Author: Sule Arnautovic, Jirsch Sutherland
    • Category: Business
  9. Franking credits ‘on the table’ to fund stimulus, says Geoff Wilson

    in terms of how this is going to be funded.” Mr Wilson, who led a campaign against Labor’s franking credit proposal at the last federal election, said franking credits remained a logical system by encouraging “companies to pay tax in Australia, employ...

  10. From Politics to Payments: The Last Decade Has Changed the Role of Businesses Forever

    Promoted by Digital Next In the past decade, we have seen astronomical improvements and advancements in the field of technology. This, in turn, has changed the way in which businesses are run, as small and large businesses alike have streamlined their...

    • Type: Article
    • Author: Digital Next
    • Category: Business
  11. How accountants are adapting to remote working

    Mr Munro said. “We’ve found that it has been something that recently has been very well taken up, and with COVID-19 to last, I suppose, two months… tools like Zoom [have] been working beautifully.” He believes firms that are struggling to adopt new...

  12. ‘Surviving COVID-19: The Defining Moment for Accountants’

    This current crisis is proving to be very painful for many people, at both a personal and business level, but it will not last forever. Australia has endured all sorts of crises in its past. Each time, this nation has emerged and gone on to become...

    • Type: Article
    • Author: Peter Towers
    • Category: Business
  13. Clarifying ‘arm’s length’ crucial in COVID-19 rent relief

    of COVID-19, as long as the trustees can demonstrate the arrangement is on arm’s-length commercial terms. However, since the last global pandemic was the Spanish flu back in 1918, Mr Burgess said there is no modern-day precedent or a complete set of...

    • Type: Article
    • Author: Adrian Flores
    • Category: Super
  14. ATO reveals auditor number misuse figures for 2017 and 2018

    The Australian Taxation Office has released the results of its investigation conducted last year into the misuse of SMSF auditor numbers from 2017 and 2018. In July 2019, the ATO said it reported the preliminary findings of its mail-out to SMSF...

  15. Ethics to be ‘well and truly tested’ amid COVID-19 pandemic, says Deloitte

    Australia and New Zealand bribery and corruption survey leaves no doubt that Australia’s reputation has slipped over the last two years.” Mr May noted that, since many of the respondents were from Australia and New Zealand and operated supply chains...

  16. Universities switch focus in employability bid

    employers telling us that they need, what skills and technical knowledge do they need,” Professor Helliar said. “Over the last decade, we have focused a lot more on the skills side rather than the technical accounting side. Most students do a lot of...

  17. RBA, government splash $105bn in SME funding

    reduction of 100 bps on all business loans linked to the cash rate. This is in addition to a range of measures announced last week which are available for businesses facing difficulty, including waiving merchant fees, waiving redraw fees, waiving early...

  18. Reserve Bank makes emergency move

    be announced until 7 April, but the coronavirus pandemic prompted the Reserve Bank board to hold an emergency meeting. The last time the Reserve Bank moved to cut rates out of cycle was in 1997. As at COB 18 March 2020, the ASX 30 Day Interbank Cash...

    • Type: Article
    • Author: Grace Ormsby
    • Category: Business
  19. Consider sole traders and contractors, says ASBFEO

    written to the Prime Minister to call for support for the nation’s 1.4 million sole traders during the coronavirus downturn. Last week, the federal government announced a fiscal stimulus package aimed at supporting the Australian economy in the downturn...

  20. Popular deduction set for rate rise

    cents per kilometre deduction rate for motor vehicle expenses to 72 cents for the income year starting 1 July 2020. The rate last changed in 2018, which saw the rate rise to 68 cents. The cents per kilometre method currently allows taxpayers to claim up...