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

  1. Foreign student cap ‘will exacerbate 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 on the government to control the inflow of migrants. “Labor’s opening of the floodgates to record...

  2. Popular $20k tax break fails to move needle on SME cost pressures

    businesses, but one in two respondents want more support. The instant asset write-off scheme was the most popular measure in last year’s budget but small businesses say the government needs to do more to ease costs this year, according to a recent...

  3. Federal budget: The accounting profession delivers its verdict

    changes, say accounting bodies and business advocates. Treasurer Jim Chalmers handed down the 2024-25 Federal Budget last night which contained significant investment towards a shift towards clean energy and cost of living relief. CPA Australia said...

  4. SMEs still unaware of payment times regime, government told

    the number of invoices paid within 30 days increased by 3 per cent. An independent review of the Payment Times Reporting Act last August also slammed the government’s scheme as “unwieldy”. The report, by economist and former Labor MP Craig Emerson, also...

  5. Service entities must face looming payroll tax issue ‘head on’, warns tax lawyer

    begin examining their payment structures and arrangements following the significant shift in the payroll tax landscape last year, according to Cooper Grace Ward Lawyers partner Sarah Lancaster. Revenue offices across various states released payroll tax...

  6. Victorian budget fails to save GP clinics from ‘payroll tax fiasco’

    practice groups have warned. The payroll tax landscape for general practices changed substantially across numerous states last year after a final ruling by the NSW Court of Appeal in 2023 deemed independent practitioners as employees for payroll tax...

  7. The latest on payroll tax and the issues impacting medical practices

    audit risks facing medical and allied health practices following the rulings that were issued by various revenue offices last year and what firms need to be doing now to manage these risks. Lancaster also sheds light on other payroll tax issues being...

    • Type: Article
    • Author: Jessa Sargento
    • Category: Tax
  8. RBA unlikely to change course until next year, economists predict

    CPI readings before adjusting its course". "The central bank maintains a neutral stance, a touch more hawkish than the last one but retaining maximum optionality while closely monitoring global and economic developments," she said. Shivadekar said the...

  9. Victorian budget offers ‘little support’ to struggling businesses: CPA

    businesses. “While the government will continue with its proposed increases in the payroll tax threshold announced in the last budget, the threshold at which Victorian businesses start to pay payroll tax still remains the lowest in the country,” it...

  10. Hassle-free migrate from Sage Business Cloud Accounting clients to Intuit QuickBooks

    is the norm We are consistently developing the Australian offering, including two new product releases in just the last year. The QuickBooks platform now includes tax and practice management functionality and we're continually preparing our products to...

    • Type: Article
    • Author: Intuit QuickBooks
    • Category: Business
  11. $3m super tax likely to progress ‘warts and all’, IPA warns

    on the growth of super balances exceeding $3 million was referred to the Senate Legislative Economic Committee in December last year, with the Committee due to report back at the end of this week. Despite the extensive advocacy work undertaken by the...

  12. Big 4 partnership caps under consideration by Treasury

    the quality of audit services provided by the big four have raised the temperature on the competition challenge. In its last audit quality report published in October 2022, ASIC said half of Deloitte’s reviewed audits were deficient, meaning its...

  13. ATO to be given ‘notice to produce’ powers under proposed changes

    investigations for tax-related criminal offences in a recent consultation. The government released a consultation paper late last week examining the ATO and Tax Practitioners Board's (TPB) information-gathering powers and whether improvements need to be...

  14. Xero price hikes could trigger shift to other platforms, says Reckon CEO

    can least afford it, says Reckon chief Sam Allert. Xero announced price increases across a range of its software services last week, with its payroll-only plan increasing from $15 to $20 a month (a 33 per cent increase), the standard plan increasing...

  15. ATO to crack down on rental income, WFH deductions this tax time

    trip up on changes to the fixed rate method of calculating a WFH deduction after more than 4 million people claimed one last year. The 80c shortcut method, introduced during COVID-19, finished at the end of FY22 and a revised fixed rate method was...

  16. Accountant shortage, knowledge gap a ‘grave concern’ for leaders

    who wish to collaborate with the business.” Overcoming skills shortages has been front of mind for many leaders over the last couple of years. Similarly, the finance knowledge gap is quickly becoming a significant issue, prompting intervention from...

  17. ‘The final straw’: Xero users baulk at another price hike

    draws storm of criticism after jacking up plan fees for the second time in a year. Accountants and business owners have blasted Xero’s pricing and services after the software giant announced it would be raising fees for the second time in a year. Price...

  18. Power to name and shame late payers is excessive, biased: Ai Group

    forms of legislation,” it said. The government has pursued the reforms following a review of the Payment Times Reporting Act last year which found the regime was “impenetrable” and “poorly functioning”. Small business advocates believe the long-awaited...

  19. TPB to implement safeguards against ‘vexatious breach reports’

    practitioners for significant breaches and the potential for vexatious reports to be made since the reforms were legislated last year. From 1 July 2024, registered tax practitioners will need to comply with additional breach reporting obligations under...

  20. TPB releases draft guidance on breach reporting obligations

    or the opinion of others without being substantiated will not be based on 'reasonable grounds’.” Since they were announced last year, CPA Australia said there has been considerable confusion and uncertainty around how the obligations will work in...