Assuming last is required, the following 4084 results were found.

  1. ATO portal’s 24-hour malfunction vexes tax agents

    it disrupts your workflow during the day. Whatever you're doing, you have to put down and come back to it the next day.” Last week, the OSfA dashboard reported an outage for client correspondence for just under seven hours, days before the financial...

  2. CPA Australia seeks permanent $100k asset write-off to end uncertainty

    prevent the “lost opportunity” of the 2023–24 measure, having passed Parliament just five days before its 30 June deadline last week and leaving businesses with little time to make an investment decision. It would also fit better with the original...

  3. 125% foreign student visa fee hike to worsen accountant shortage

    However, after the international student population reached a record high of 671,000 in March – a 15 per cent increase on last year – pressure has mounted to bring numbers down. According to budget papers released in May, the government estimated its...

  4. PwC names 22 partners in first intake since tax scandal

    of 2023. Among the new partners was chief executive Kevin Burrowes, who had his partnership transferred from the UK in July last year, the big four firm said on Monday. Burrowes said the partners would be leading their teams in delivering PwC's...

  5. Navigating business debts as the ATO ramps up collection activity

    how they manage these debts, according to specialist credit provider Global Credit Investments (GCI). Since the middle of last year, the ATO has accelerated its activities with debt collection following a more relaxed and supportive approach during the...

  6. $20k instant asset write-off passes lower house

    It comes after the eleventh-hour passage of a bill that raised the threshold from $1,000 to $20,000 for FY24 last week. A 12-month extension to the $20,000 instant asset write-off scheme has passed the lower house. The scheme was the government’s chief...

  7. ‘Don’t panic’ over new reporting rules, ATO tells NFPs

    be lodged between 1 July and 31 October for the past financial year. During a Senate Economics Legislation Committee hearing last week, Liberal Senator Dean Smith raised concerns from constituents to the ATO over NFPs' inability to meet the...

  8. Airwallex posts 93% revenue surge in Australia

    strong product offerings and has flagged plans for further expansion. Airwallex recorded a 93 per cent increase in revenue last year across its Australian and New Zealand business, it announced in a statement last week. The Tencent-backed fintech, now...

  9. PepsiCo wins appeal against Commissioner of Taxation

    which was royalty for the use of PepsiCo/SVC’s intellectual property,” the written reasons for the judgment set out. Last November, the Federal Court’s Justice Mark Moshinsky found PepsiCo was liable for the royalty withholding tax at a five per cent...

    • Type: Article
    • Author: Naomi Neilson
    • Category: Tax
  10. ‘Bullish’ Moore Australia shakes up leadership team

    a “bullish” outlook that bucked trends seen by its larger competitors. “In the wake of the big four media coverage over the last few years, we are seeing clients and staff alike make more considered choices,” national chairman David Tomasi said. “Our...

  11. Air Accounting taps into e-commerce with Bean Ninjas partnership

    The deal follows the acquisition of speciality hospitality accountants Cafe Bookkeepers last year. Air Accounting has partnered with e-commerce accountants Bean Ninjas to diversify its specialist offerings, it announced in a statement last week. The...

  12. Payment Times Reporting Bill enters the Senate

    to delay paying the invoice.” The changes to the Payments Times Reporting Act follow a review undertaken by Dr Craig Emerson last year into the effectiveness of the current Act which made several recommendations to improve the operation of the scheme....

  13. Consultant boom threatens accounting sector, expert says

    head of data analytics Julia Thomson told accountants at Accountants Daily's Accounting Conference & Exhibition in Sydney last week. She said there had also been an increase in the need for advisory work – a market traditionally dominated by accounting...

  14. Digitisation a boon for productivity in cost-of-living crisis: MYOB

    said the average productivity rating was 6.2 out of 10. “The nation’s 2.5+ million SMEs have shown resilience throughout the last few years, and with further difficulties anticipated as the economy stabilises it will be important to review their...

  15. ATO whistleblower prosecution to have ‘chilling effect’

    “reasonably necessary” prior conduct, according to Justices David Lovell, Samuel Doyle and Sophie David in their judgment last week. Senior lawyer Kieran Pender said Boyle’s continued prosecution was not in the public interest and had a “chilling...

  16. Eastern states drive fall in job postings

    As job ads fall, every industry is experiencing more applications compared to last year, SEEK data has shown. Job advertisements declined for a second month in a row last month, driven by falls on the east coast, while job applications recorded the...

  17. PKF Melbourne banned from expert reports after ASIC probe

    uncovered compliance failings in past engagements. In a court-enforceable undertaking between PKF and ASIC released last week, PKF admitted it failed to uphold documentation and conflict of interest requirements for three past IER engagements, breaching...

  18. ATO ‘hell bent’ on chasing down $34bn in small business debts

    become the exception rather than the rule and “there will be exits”, warned deputy commissioner Vivek Chaudhary in September last year. Small businesses in particular have been targeted for owing 65 per cent of the $50 billion in the ATO’s collectable...

  19. Ditch ‘error-prone’, insecure invoicing methods, says ASBFEO

    $92 million in reported losses in 2023. “Scamwatch data shows small businesses lost millions of dollars in such scams last year. Using e-invoicing can reduce this risk,” he said. Making the switch to electronic invoicing would allow businesses to...

  20. Consumer pullback fuels record insolvency wave: CreditorWatch

    Risk Index found a 38 per cent average increase in insolvencies in the year to May. The rate was up 34 per cent from last year and 41 per cent above its pre-pandemic maximum. CreditorWatch CEO Patrick Coghlan said interest rate hikes and stubbornly high...