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

  1. New measure set to target withholding obligations

    the cash economy. Treasury Laws Amendment (Black Economy Taskforce Measures No. 2) Bill 2018 was introduced in the Senate last week, and aims to deny income tax deduction for certain payments if the associated withholding obligations have not been...

  2. Appetite for property in SMSFs shows signs of life despite tough market

    of $117.5 billion. Interest-only loans now represent 16.2 per cent of new home loan approvals, a 54.9 per cent dive in the last quarter. While there are important risks to consider, Mr Minter said younger SMSF trustees are still attracted to holding...

    • Type: Article
    • Author: Reporter
    • Category: Super
  3. Clients compromised amid education reforms for accountants

    to a licensed accountant to meet those needs. However, a survey by Chartered Accountants Australia and New Zealand (CA ANZ) last month revealed that 60 per cent of accountants providing financial advice will drop the offering if the federal government’s...

  4. IGT clears ATO of fraud but recommends changes

    the ATO’s fraud control management follows after the Senate Standing References Committee on Economics called for a review last year, following revelations of Operation Elbrus and the allegations that former ATO deputy commissioner Michael Cranston...

  5. Top 100 SMSF auditors circled for ATO program

    who lodge. Assistant Commissioner for SMSFs at the ATO, Dana Fleming, told delegates at the SMSF Summit in Brisbane last week that assurance activities to date have resulted in 98 referrals from the ATO to ASIC. The ATO makes referrals to ASIC where it...

  6. ATO court case leaves taxpayers in ‘awkward spot’

    Court to grant special leave to appeal leaves taxpayers in an “awkward spot” when it comes to relying on ATO communications. Last week, the High Court refused the taxpayer’s application for special leave to appeal against the decision of the Full...

  7. Mid-tier attributes FY18 partner appointments to advisory growth

    out our equity offer to staff throughout 2019, we’ll look to increase our investment in retaining our valued team members.” Last month, Findex completed an acquisition and rebrand of two firms within the Riverland region in South Australia,...

  8. Contentious residency, CGT debate booted from Senate line-up

    about whether that day will end up being the final date to take advantage of the current law if you held the property at May last year.” While supporting the bill in principle of denying the main residence exemption to non-residents, Ms Jacobson is...

  9. ‘Wide range’ of businesses clients captured by new TPRS regime

    of the taxable payments reporting system (TPRS) regime, which goes beyond the scope of the cleaning and courier industries. Last month, the Treasury Laws Amendment (Black Economy Taskforce No.1) Bill 2018 secured passage in the Senate, extending the...

  10. Fast-tracked tax cuts could catch taxpayers out

    could throw up some significant curve balls for shareholders and companies who fail to plan ahead, says one mid-tier. Last week, the government announced it would accelerate the already legislated tax cuts for business under $50 million by bringing it...

  11. IGT calls for power balance at ATO

    the ATO in response to concerns of too much power being held by the commissioner. In his valedictory speech in Melbourne last week, IGT Ali Noroozi said that the ATO should implement its recommendation of a management board to oversee the development of...

  12. Identifying the early warning signs of insolvency

    enlist the help of specialist business advisors. Insolvency isn’t the only option when a business is in trouble; it’s the last resort. By keeping an eye on these warning signs, business owners can act sooner if the business looks to be in trouble. This...

  13. R&D audits increase, documentation key for accountants

    in R&D activity would need to be aware of an increase in audit activity, following the introduction of proposed changes last month. “The key message is to be audit-ready because you will be audited. In the current round of amendments, the government is...

  14. $17.5 billion in lost super sees savings ‘eroded’

    in the NT. The latest round of postcode data also shows that Victorians had the biggest boost to their retirement savings last year, with a reduction of over $174 million in lost and unclaimed across the state. Mr Whyte said people often lose contact...

  15. Dodgy sales software could cost $1m in penalties

    the use of electronic sales suppression tools will now attract penalties of over $1 million, following a change in law. Late last month, the Treasury Laws Amendment (Black Economy Taskforce No.1) Bill 2018 secured passage in the Senate, making it...

  16. “Treasure trove”: Accountants warned on data security

    weak links. According to the Australian Cyber Security Centre, over 6 million Australian adults were impacted by cybercrime last year, with the ATO reporting that over 81,000 scams were reported in 2017–18. As part of Stay Smart Online Week 2018, the...

  17. ‘Our profession can demand a lot’: CA ANZ joins mental health debate

    (IPA) has been lobbying for the role of accountants in the mental health of their clients to be recognised since mid last year. For chief executive of the IPA, Andrew Conway, federal government being aware of the impact an accountant can have on the SME...

    • Type: Article
    • Author: Reporter
    • Category: Business
  18. $1m in GST fraud lands director in jail

    in similar behaviour: if you break the law we will hold you accountable, even if it means pursuing you in the courts.” Last week, a New Zealand resident was sentenced to five years and 10 months in jail for fraudulently claiming GST refunds as a...

  19. Accounting apps market grows, but jury is out on effectiveness

    a network, build your own community of advisers and find people who you can refer your clients to.” Future proofing Late last year, Smithink founder, David Smith, said he’s finding a number of niche products being developed as add-ons to core accounting...

  20. Technicalities flagged as new TPRS guidelines released

    cleaning and courier industries will require accountants to consider some “meaningful technicalities”, says one mid-tier. Last month, the Treasury Laws Amendment (Black Economy Taskforce No.1) Bill 2018 secured passage in the Senate, extending the TPRS...