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

  1. ATO issues reminder to tax agents as government phases out cheques

    30 June 2028 and cease being accepted on 30 September 2029. The ministers said cheque use had fallen by 90 per cent in the last decade and that the government would help customers and businesses still using them to switch to other payment methods. The...

  2. Government cautioned on penalty proposal for accountants’ certificates

    investor and wholesale client tests. "There have been no adjustments to these wealth thresholds for over 20 years, in the last five to ten years individuals who are currently considered to have modest wealth have invested most of their life savings into...

  3. Reliance on bracket creep risks record-high income taxes

    tax receipts, meant that income tax would eventually make up almost half of total tax revenue, approaching historical highs last seen in the mid-1980s. The report by the PBO, released Thursday (15 November), warned that “unless other sources of revenue...

  4. Too soon for more promoter penalty changes: CPA Australia

    scope, including a broader definition of what it means to be a ‘promoter’. The Treasury consultation paper, released last month, proposes introducing grouping rules to address the conduct of associates of tax schemes, as well as altering an exemption...

  5. ‘Bold and broad’ inquiry reforms to restore trust in profession, says IPA

    and Financial Services Committee tabled its final report for its inquiry into the audit, assurance and consultancy industry last week, outlining 16 priority recommendations for immediate action and 40 in total. IPA chief executive Andrew Conway said...

  6. How can we support accountants in 2025?

    in the accounting industry. Boyar shares his passionate views about the disadvantages accountants have faced over the last year, and how these will likely persist into 2025. Touching on aspects from policy reform and rapidly changing obligations to...

  7. Bendel decision could spur ‘legislative tinkering’ from government

    could intervene on taxation issues relating to unpaid present entitlements and corporate beneficiaries. In September last year, the Administrative Appeals Tribunal in Bendel v FCT [2023] AATA 3074 determined that an unpaid present entitlement (UPE)...

  8. CA ANZ member appointed to IFAC as deputy president

    services provider. Rulton’s service to the profession resulted in her receiving the CA ANZ Meritorious Service Award last year and landed her multiple roles and positions on various industry panels and councils. Van Onselen said Rulton had served on the...

  9. Tax Institute debuts new tax education system

    industry wanted from graduates and what higher education could provide. “There is no doubt in my mind, we have seen in the last several years, the decline in higher education and the growth in vocational education and microcredentials.” The Tax...

  10. Over-regulation of tax agents jeopardises future tax services: CA ANZ

    of recent legislative and regulatory changes. "We are concerned that none of the measures announced and implemented in the last year as part of the government response to the PwC matter have been examined at a holistic level with the view to streamline...

  11. Why the strategic advice of accountants is vital for SMEs in 2024

    in the face of economic hardships. Gross value added (GVA) from this group of professionals remained fairly steady over the last three years but started to soften in recent months. The challenging conditions facing the broader business sector mean some...

    • Type: Article
    • Author: Paul Robson, MYOB
    • Category: Business
  12. CA ANZ slams recommendation for review into professional bodies

    ANZ (CA ANZ). The Inquiry into the big four consulting and accounting firms handed down its final recommendations last week, with the committee making 40 recommendations in total, including 16 priority recommendations for immediate action. In...

  13. NAB research outlines biggest hurdles for Australia’s small businesses

    hiring assistance. Red tape was another prevalent issue, with 60 per cent of small businesses claiming an increase over the last year. As with all businesses, cyber attacks were a key problem. For small businesses, the average cyber crime losses rose...

    • Type: Article
    • Author: Jack Campbell
    • Category: Business
  14. Scam defences to be strengthened by landmark legislation

    of the Scams Prevention Framework to Parliament. The landmark Scams Prevention Framework was introduced to Parliament last Thursday in an attempt to provide stronger defences against scammers around the world. Under the landmark legislation, banks,...

  15. PKF announces ‘dynamic’ COO appointment

    PKF Australia has welcomed Dr Lana Weldon to the team as national chief operating officer. Last week, PKF Australia revealed it had appointed a new national chief operating officer, Dr Lana Weldon. Weldon, previously general manager and head of...

  16. Tax promoter penalty changes must be delayed: SMSFA

    current laws is undertaken, the SMF Association has cautioned in a recent submission. Treasury released a consultation paper last month exploring options for improving the operation of the tax promoter penalty laws. The paper also sought views on...

  17. TPB to leverage breach reporting in compliance programs for 24-25

    identify and categorise emerging behavioural and conduct issues." Commenting in the report, TPB chair Peter de Cure said the last 12 months had seen "unprecedented scrutiny of the tax profession" and resulted in reforms to the Tax Agent Services Act...

  18. Annual report reveals rapid decline in satisfaction with ATO

    score was 67.46. The fourth quarter score was just 54, indicating a significant downward trend. The annual report, released last week, noted that tax professional perceptions of the ATO had been in decline since early 2023. The ATO said that the drivers...

  19. Aussie SMEs faring better than international competitors, Xero data reveals

    better than other economies followed by the XSBI. The US, New Zealand and Canada all recorded negative sales growth in the last quarter. It was noted that Australia was one of the most effective economies at managing wage cost pressures and recorded the...

  20. NDIS fraudsters slapped with combined 12-year prison sentence

    to combat fraud and support those who genuinely rely on these services.” The trio faced the Sydney Central District Court last Thursday where all three pleaded guilty to the committed fraud against the Commonwealth contrary to section 135.4(1) of the...