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

  1. Tax agents and clients disagree over business practices: FBT review

    compliance costs, despite employers suggesting the contrary, preliminary results from the Board of Taxation’s review show. Last year, the Board of Taxation commenced its review of the compliance costs associated with fringe benefits tax, with an aim of...

  2. Government called to increase incentives in super

    In a pre-budget submission, Pitcher Partners said that numerous changes have been made to the superannuation system over the last number of years which have had the effect of “significantly reducing the attractiveness of using the superannuation system...

  3. ATO waives Part 7 penalty amid SG amnesty hold up

    disclose historical underpayment of the superannuation guarantee, despite the proposed amnesty not yet law. On 24 May last year, the government announced a superannuation guarantee (SG) amnesty which would give employers an opportunity to rectify past...

  4. On-demand webinar: Taking the worry out of increasing your fees

    Townsend, Founder, The Accountants Millionaires’ Club. Heather is the author of 'The Accountants Millionaires' Club'. In the last year her clients have added over £1 million in fees to their client portfolio. Myles Mclaren, Accountant Specialist,...

    • Type: Article
    • Author: GoCardless
    • Category: Business
  5. Takeover bid for MYOB hits hurdle as stakeholder speaks out

    things, the board’s recommendation to vote in favour of the scheme cannot be supported and should not be maintained.” Late last month, MYOB directors reaffirmed their recommendation to vote in favour of the KKR bid, after no superior proposals were...

  6. Concerns fester over auditor disciplinary board, government reappoints chair

    years 2009-10 and 2011-12. Accordingly, a report by the Parliamentary Joint Committee on Corporations and Financial Services last year raised concerns “about the efficiency and effectiveness of CADB being such a small body, with such a small and...

  7. Detailed STP register published, only 6 products ready to go

    to market in the following months. The bill extending single touch payroll to businesses of all sizes received royal assent last Friday, with the Tax Office responding by publishing a detailed register of products, their pricing, and availability ahead...

  8. Thank you for registering webcast 03-26-2019

  9. ATO set to contact SMSF clients over focus areas

    basis of poor or conflicted advice, as seen recently in the royal commission and ASIC reports 575 and 576 that were released last year. “The main point that I’d like to make here is that 95 per cent of LRBAs are for real property, and 30 per cent of...

  10. Retail, food sectors see spike in corporate insolvency

    The retail, accommodation and food services sector have seen a spike in corporate insolvency appointments over the last 12 months, in line with industry concerns. The accommodation and food services industry saw a 21 per cent spike in corporate...

  11. Tax practitioners owe $90m in outstanding debt, TPB ready to pounce

    of its debt and lodgment project. The TPB’s debt and lodgment compliance project for tax practitioners, first announced late last year, has yielded positive initial results, with over 2,000 practitioners updating their outstanding lodgments and repaying...

  12. Documentation key in ATO audits

    agency to have greater visibility of clients’ transaction history, opening up the risk to audits should red flags pop up. Last year, Change Accountants and Advisers managing director Timothy Munro predicted an increase in ATO audits over the next 12...

    • Type: Article
    • Author: Reporter
    • Category: Tax
  13. Hope for SG amnesty falters as time runs out

    likely given up trying to pass it; however, there may still be hope for the SG opt-out, says a technical expert. On 24 May last year, the government announced a superannuation guarantee (SG) amnesty which would give employers an opportunity to rectify...

  14. ATO homes in on SMSF auditors

    funds.” Ms Fleming said that the number of auditors that the ATO has been referring to ASIC has increased over the last three years. “Of the 715 auditors that we’ve reviewed, we’ve referred 96 to ASIC. I think that is a reflection of the SMSF industry...

  15. Full Federal Court overturns tax residency decision

    keep relevant, contemporaneous evidence so that they can support their position in any ATO audit.” Reviewing residency rules Last year, the Board of Taxation released its report on its review of income tax residency rules for individuals, finding that...

  16. New anti-money laundering obligations get pushback

    transactions. Work to bring accountants, lawyers and real estate agents under the regime were stalled by the government last year, with Labor now set to use this as an election campaign issue to combat criminals who use “dirty money” from crime...

  17. Uncertainty driving investor interest in wholesale property trusts

    million in quality assets in Queensland, Victoria and New South Wales. Recently we have seen an increase in inquiry, and our last offer, a Hospitality Trust in Bundaberg, was over-subscribed in less than three weeks. We’ve also seen strong enquiry for...

    • Type: Article
    • Author: Steve de Nys, Stronghold Investment Services
    • Category: Business
  18. Tax agent, taxpayers guilty of tax crimes in second half of 2018

    The Tax Office’s investigations around serious tax crimes in the second half of last year found 17 individuals guilty of fraud or tax evasion. Between July and December 2018, the ATO’s tax crime investigations identified 17 individuals, including a...

  19. Spike in fees for liquidators, auditors slammed

    called for additional funding for the Tax Practitioners Board (TPB) but criticised the practitioner fees hike announced in last year’s federal budget to fund such a measure. “Given that a well-functioning and regulated profession is critical to the tax...

  20. Tax credit draft ruling will encourage ‘aggressive claims’: Tax Institute

    for claiming an input tax or fuel tax credit, with its draft ruling set to encourage “aggressive claims” from taxpayers. Last year, the tax office released Draft Miscellaneous Taxation Ruling MT 2018/D1 which sets its view on time limits for entitlement...