Assuming last is required, the following 4056 results were found.

  1. SME owners urged to reassess depreciation rules amid complexity concerns

    from an accounting perspective for me,” Francis said. “It doesn't give me an idea of how long I think my assets are going to last, the value of my assets, or give me a really good indication of when I might have to replace it, so that's why I haven't...

  2. SME insolvencies on track to double historical average, data reveals

    revealed that from January to April this year, SME overall credit demand was down 7.3 per cent compared to the same period last year and SME trade credit demand had taken the biggest hit, down 13.8 per cent in the year to April. In April of this year,...

  3. New super tax proposal reinforces case for auditors to increase technology use: fintech

    advisory in the future, especially given the proposed new super tax. “Investor behaviour has evolved significantly over the last few years and a key attraction of having an SMSF is choice. SMSF trustees can embrace everything from Nasdaq stocks to...

  4. Tax practitioners warned against entering confidential info into ChatGPT

    Institute has warned accountants against entering confidential client information into AI tools such as ChatGPT. Speaking last Friday at the ACE25 Accounting Conference & Expo, hosted by Accountants Daily, Tax Institute chief executive Scott Treatt...

  5. WA budget misses mark for SME relief, BDO says

    delivering major investments in health, education and housing, according to BDO Australia. The WA state budget delivered last Thursday has failed to address critical needs for small businesses with no inclusion of changes to payroll tax, no new relief...

  6. Joint bodies voice support for AFCA rule amendments

    based on the failure of financial firms to pay AFCA determinations and the resultant impact on the Compensation Scheme of Last Resort (CSLR) being an important issue for the various bodies and their members. “The cost of the CSLR is a major threat to...

  7. Mythbusting common misnomers surrounding Div 296

    has broken down some common myths surrounding the incoming Division 296 super tax. At the ACE25 Accounting Conference & Expo last Friday, SMSF specialist and actuary Meg Heffron tackled some common myths associated with the Division 296 super tax. The...

  8. ATO focus on historical tax debts creating ‘challenging environment’, warns lawyer

    or tax liabilities that are outstanding," said Lancaster. "I think that one of the key themes that I've noticed over the last two to three years after the Covid holiday is that a lot of the historical debts are now being chased with some vigour."...

  9. BDO Canberra adds 2 partners amid board meeting preparation

    for Canberra. David Fagan, BDO chair and non-executive director, said the firm’s decision to expand into Canberra last year added to the public sector practice which equated to around 20 per cent of the firm’s revenue in Australia. “We have demonstrable...

  10. ATO finalises tax determination on circular financing arrangements

    (if any) risk on their investment. It first raised concerns about these arrangements in a taxpayer alert issued in December last year. In the alert, the ATO warned that advisers were encouraging investors and start-up owners to claim the early-stage...

  11. Solving ATO debt and winning clients for life

    of technical expertise and personal experience. After losing his own business more than 20 years ago, Hank spent the last two decades helping business owners across Australia avoid the same fate. In this episode, he shares what business owners and their...

  12. Australian SME owners report ‘stable’ mental wellbeing

    with 43 per cent of respondents having indicated that running a business had inflicted significant levels of stress over the last year. This was followed by anxiety being reported as a common mental health challenge, with 35 per cent reporting it as a...

  13. Tax Institute urges government to scrap Div 296, review NALI

    stakeholders on the current non-arm’s length income provisions to address uncertainties in the legislation that was passed last year. In its submission, the Tax Institute said further stakeholder consultation and redesign are needed on Div 296 to ensure...

  14. Solving ATO debt & winning clients for life

    of technical expertise and personal experience. After losing his own business more than 20 years ago, Hank has spent the last two decades helping business owners across Australia avoid the same fate. In this episode, he shares what business owners and...

  15. TPB reports over 1k whistleblower reports under new regime

    about the number of whistleblower reports it has received since changes to the whistleblower laws came into effect on 1 July last year. Since 1 July 2024 Tax Practitioners Board (TPB) has been able to receive disclosures of information from eligible...

  16. Productivity roundtable must ‘explore all options’: CPA Australia

    declared productivity as the defining economic challenge of Labor’s next term of government. The Productivity Commission’s last quarterly report found that Australian labour productivity has flatlined over the past decade - bad news for workers, given...

  17. Be wary of all tax time communication, says CPA

    by the ATO having said that impersonation email scams had increased by more than 300 per cent in comparison to this time last year. Jenny Wong, CPA tax lead, said Australians should prepare for a deluge of scam activity in the lead-up to 30 June....

  18. Federal Court overturns ART decision on FBT liability

    appeal by the Commissioner in a decision examining whether fringe benefits tax applied to directors of a corporate trustee. Last week, the Federal Court overturned a decision by the Administrative Review Tribunal, which concerned non-monetary benefits...

  19. Taxpayer loses appeal in case involving unexplained bank deposits

    failed to prove that amended assessment and penalty assessments issued by the ATO were excessive in a decision handed down last week, HWFX and Commissioner of Taxation (Taxation) [2025] ARTA 680. The amended assessments and penalty assessments were...

  20. Personal insolvencies see slight dip in Q1: AFSA

    Personal insolvency numbers have reflected a slight drop for the 2025 March quarter in comparison to the same period last year. Recent data from the Australian Financial Security Authority (AFSA) revealed personal insolvencies across Australia have...