Assuming last is required, the following 4011 results were found.

  1. ATO reminds on rental property ‘hot issue’

    residential rental property that they will not be able to claim deductions for travel after new rules were introduced late last year. In November 2017, the government introduced new rules around tax deductions for travel expenses associated with...

  2. ATO backs e-Invoicing initiative

    whether or not it is the same company, the technical standard behind the system enables all software to talk to each other.” Last month, Treasury released a discussion paper consulting on the e-Invoicing governance arrangements between the Australian...

  3. Accessorial liability crackdown puts bookkeepers on alert

    in the wake of the fallout of the Fair Work Ombudsman successfully securing penalties under the accessorial liability laws. Last week, Harmers Workplace Lawyers executive counsel David Bates said recent prosecutions over the past three years have shown...

  4. ‘I want grace’: Assistant Treasurer fields tax agents’ ATO gripes

    of tax agents by the ATO, and said he backs of model of ‘graceful’ conduct and communication. At the IPA’s National Congress last week, Assistant Treasurer Stuart Robert fielded a question from an audience member who complained of the poor culture at...

  5. ATO surveillance sees hundreds of SMSF ABNs cancelled

    risks or red flags with the individual setting up the fund. Ms Fleming said that out of the 26,000 SMSF registrations in the last financial year, 2,100 were flagged for additional reviews by the ATO’s risk analytical model. “Of those additional reviews,...

  6. Tax agent, BAS agent rego terminations spike amid expenses crackdown

    compliance work for the 2017-18 period resulted in a total number of 287 sanctions, including 24 terminations, up from 17 last year. According to the TPB’s annual report, the sanctions included 81 impositions of order and 182 written cautions. Of the...

  7. MYOB announces next steps with proposed buyout

    This would enable KKR to progress its proposal of acquiring the remaining shares in the company, resulting in a takeover. Last month, MYOB released a statement confirming that Bain Capital sold the bulk of its shares to KKR, with KKR now holding a 19.9...

  8. IPA calls on bodies to priortise member interests after 'pressured' year

    had.” ‘Under pressure’ Mr Conway also recognised the governance and transparency concerns over professional bodies over the last two years, calling for bodies to uphold the accounting brand over self-interest. “Our profession has been through a lot. You...

  9. Call for crackdown increases amid client loss

    Speaking to Accountants Daily, Anderson Tax and Consulting director Debra Anderson said she has lost eight clients over the last two months because she was unwilling to put through a claim that was unwarranted. She believes clients are instead turning...

  10. Government fixes surprise taxes with death benefits

    this year, sister publication SMSF Adviser first reported that due to an unintended consequence of the reform changes last year, some SMSFs could be hit with substantial taxes where the rollover of a death benefit contains an untaxed element. Colonial...

  11. Fintech revenue booms amid lending squeeze

    Australian fintechs recorded a median revenue growth of 125 per cent over the last year, with the industry bullish on the back of the royal commission as accountants spot a lending squeeze. EY’s FinTech Australia Census has found that one in five...

  12. Work-related expenses clampdown brings in $70m

    to remain and they are going to be vigilant because they are already seeing a dividend for the work they’ve done over the last couple of years to build up to the release of the tax gap report.” However, Mr Drum believes the focus on work-related...

  13. Interrogation claim from accounting firm puts heat on ATO

    firm that claimed there were “interrogated” by the ATO while acting on behalf of their clients. In a parliamentary hearing last week, Senator Cory Bernardi raised an issue brought to his attention by an unnamed accounting firm that claimed that they and...

  14. ATO claims stellar digital performance, but satisfaction dips

    The community’s satisfaction with ATO performance over the last financial year has taken a hit off the back of users’ perception of online systems despite the Tax Office claiming 99 per cent digital system availability over the same period. The ATO has...

  15. Tax agents circled in ATO audit swoop

    also identified a further 230 SMSFs that the ATO is interested in, Ms Fleming told delegates at the SMSF Summit in Adelaide. Last year, the ATO referred five tax agents to the Tax Practitioners’ Board for this practice, she said. “We will of course take...

  16. Former big 4 manager joins mid-tier

    appointment comes as the industry contemplates proposed changes to the R&D tax incentive put forward by the government last month. Fellow BDO partner Nicola Purser had earlier called for the bill, titled Treasury Laws Amendment (Making Sure...

  17. Treasury CGT defence panned, questions raised

    been criticised, with opponents concerned that little to no amendments will be considered. Fronting a parliamentary hearing last week, Treasury’s corporate and international tax division head Paul McCullough said the Treasury Laws Amendment (Reducing...

  18. Over 100 SMSFs to be investigated in auditor number crackdown

    cases practitioners or trustees have deliberately recorded an auditor’s number when that individual was not their auditor. Last year, the ATO also made a number of referrals to the Tax Practitioners Board after it was found they had lodged annual...

  19. How can you help your food and hospitality business clients?

    a lot of those seem to be less favourable than they used to be. For example the Smooth FM festival of chocolate at Homebush- Last year it was a tremendous success for every food vendor that went but this year they moved it to Homebush and it was a...

    • Type: Article
    • Author: Reporter
    • Category: Business
  20. Ex-PPB Advisory manager joins Jirsch Sutherland

    after about six months of negotiations, taking in 22 of PPB Advisory's 33 partners, and the majority of its 280 staff. Last month, a former PPB Advisory partner was charged with three counts of fraud after ASIC alleged that as co-liquidator of a...