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

  1. Large corporations cough up $100bn in corporate tax

    $100 million to $200 million was reported. According to the report, most sectors demonstrated an increased tax payable from last year. Previously the mining sector contributed a substantial tax contribution, however this year the oil, gas and coal...

  2. IGTO lists agent phone line as top review area

    of them as well as their rights and obligations." Through a sample of major batch communication letters issued over the last 12 months, the IGTO plans to examine how the ATO designs and tests its written communications, processes in place to address any...

  3. ‘Changing the accounting game’ with AI: Intuit QuickBooks

    of an entire toolkit that previously didn't exist. No, but what has happened subsequently and has happened over the last couple of years is that what was traditionally the preserve of the larger consulting firms or the larger accounting firms, you're...

  4. Growing credit reliance reaches ‘concerning’ levels, data reveals

    for September 2024, commercial credit demand increased by 0.7 per cent in quarter three compared to the same quarter last year. This uptick was driven by increased demand for business loans from hospitality and retail businesses. It was also found that...

  5. ScotPac SME growth index reveals positive picture for Qld SMEs

    56 per cent of Australian SMEs had projected positive revenue growth in the next months, a slight uptick from 53 per cent last period. The index also found that 34 per cent of small businesses forecasted falling revenue by a record average of minus 13...

  6. TPB puts 7k tax agents on notice over outstanding debts, lodgments

    falls behind on their obligations there can sometimes be a spread of that behaviour to their clients' affairs as well. "Last December we put out a reminder to remind people of their obligations and it was great to see that many people brought their...

  7. Canberra unveils major $14.7m scam compensation pathway

    use to target Australians by setting a high bar for what businesses must do to prevent them,” he said in a statement last week. “Scam victims will have a clear pathway for redress.” “We want victims of scams to know the government has their backs, and...

  8. Accounting firms advised on starting points for tackling TASA changes

    on 1 July. Gascoigne said firms should consider setting some small milestones now instead of leaving everything to the last minute. "It's a matter of thinking about what needs to be done and prioritising time to ensure that those things get done." You...

  9. Businesses ghosting the ATO targeted in debt collection blitz

    enforcement action comes at a time when DPNs are at historically high levels, with 26,702 notices worth $4.4 billion issued last year. It is a 50 per cent jump from the 2022–23 income year which saw 17,459 DPNs issued for $2.87 billion in debts. Experts...

  10. FWO forces big business to hand back $473m in unpaid wages

    the past financial year. The FWO forced businesses to hand back more than $473 million in unpaid wages for 160,000 workers last year by going after some of the country’s biggest employers. It is the third-highest result ever recorded by the watchdog in...

  11. Taxpayers put on notice over last-minute returns

    victim to fraudsters as the October deadline nears, CPA Australia has said. Taxpayers who leave their tax returns to the last minute are more likely to make costly errors and expose themselves to scammers making promises that are “too good to be true”,...

  12. The relevance of outsourcing against the backdrop of current accounting issues

    behind it. We need fresh blood into organisations. I think if we look at some of the stats that have been coming out in the last in the last couple of years, we only see about 50% of the graduates that we need coming out of universities and going into...

  13. ATO continues debt recovery actions against GST fraudsters

    criminal organisations, and youth crime gangs," Heferen said. The most recent arrest was the arrest of a Victorian woman last week, who was sentenced to 4 years of imprisonment, with a non-parole period of 2 years and 4 months, after she claimed nearly...

  14. Research reveals consumer spending preferences for holiday season

    despite the challenging economic climate. Seventy-six per cent of shoppers said they would spend more or the same as last year, indicating that SMEs should attempt to maximise their sales before shoppers begin purchasing online. Miller noted many SMEs...

  15. Controversial ‘Airbnb tax’ set to become law

    as Airbnb and Stayz will apply in Victoria from next year after the state parliament passed the controversial legislation last week. The Australian-first Short Stay Levy Bill 2024 passed with 21 votes to 15 and will begin on 1 January 2025. It was...

  16. CA ANZ ‘disappointed’ by accounting role gaps in Occupation Shortage List

    The professional body has welcomed the addition of tax accountants and auditors to the Occupation Shortage List. Last week, the Australian Occupation Shortage List was released with the addition of tax accountants and auditors, yet missed other key...

  17. 40 years in the tax profession

    40 years. In this article (one of two), I will focus on, in my view, what has not changed. Calls for tax reform – over the last 40 years there has been a constant refrain from the profession, industry and politicians: ‘We must reform the Australian tax...

  18. Tax Institute welcomes IGTO's proposed review areas

    of Taxation and Taxation Ombudsman (IGTO) released a consultation on its draft work plan for systemic reviews last month, which sets out the areas it has identified as suitable for broad, systemic reviews. The Work Plan has been divided into two...

  19. Strong jobs growth of 64k powers past estimates

    rate reached a record high. The labour market is defying predictions of a slowdown after 64,000 jobs were added last month and workforce participation reached a record high. The strong growth in employment and the labour force kept the unemployment rate...

  20. Push to expand small business definition hits roadblock

    the definition would make it easier for more businesses to fire workers. “So many Australians are doing it tough and the last thing we should be doing is making it easier for businesses to sack people,” he told Nine morning program Today. “This is a...