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

  1. Bracket creep hands top earners biggest tax breaks, survey finds

    average tax rate is the share of income they pay in taxes while their marginal tax rate is the rate imposed on their last dollar of income. The survey found the top 10 per cent of earners had a 2.4 per cent lower tax rate in 2021 compared to 2003 while...

  2. Audit office damns ATO safeguards in wake of $2bn GST fraud

    BAS. The ATO said its Operation Protego had pursued more than 57,000 perpetrators of GST fraud and by the end of August last year, criminal investigations resulted in more than 100 arrests and 16 convictions. However, the ANAO cited a report by the...

  3. Consulting inquiry grills KPMG over cultural practices

    document with a colour-coded diagram of a government department’s senior organisational structure. Following the hearing last year, Mr Yates was asked to review his answers and responses to questions on notice following the hearing. KPMG was also asked...

  4. Pressure mounts on government to curb negative gearing, CGT

    property investors.” The Greens’ statement on Monday follows similar calls from crossbenchers David Pocock and Jacqui Lambie last week. “You’ve got to look at the tax system that incentivises housing as an investment. It shouldn’t be easier to buy your...

  5. Resort developer gets 10-year sentence for $15m tax fraud

    the matter in 2016 but his co-conspirators – including Mr Zhang – fled the country while under investigation. His sentencing last week follows extradition from New Zealand in 2019. ATO assistant commissioner Jade Hawkins welcomed the result. “Mr Zhang...

  6. ​​Stage 3 tax cuts divide accountants

    have been designed and their effect on the economy, a survey from CA ANZ shows. The accounting body’s survey, released last week, showed 52 per cent of members supported the revamped package while 48 per cent opposed the changes. “While the changes to...

  7. ‘No confidence’ in PwC’s ethics, senators say

    sharing, we will not tell you what happened’,” she said. Ms Pocock also questioned other measures taken by PwC in the last year as a means of tightening the firm’s internal ethics controls. Mr Burrowes had told the Senate in his opening remarks that “a...

  8. Government commits $41m to power SME energy relief

    funding to help small and medium enterprises save on energy bills and reduce their carbon footprint, it said in a statement last week. The funding would be used for the second round of the government’s Energy Efficiency Grants and was almost triple the...

  9. Stage 3 cuts to pass House, Senate greenlights ‘right to disconnect’

    stage 3 cuts towards low and middle-income earners to provide cost-of-living relief into Parliament. The changes, announced last month and set to take effect from 1 July, would reduce the lowest rate of income tax from 19 per cent to 16 per cent and the...

  10. ATO, bank debt crusade triggers 133% jump in court wind-ups

    Collectable debt had surged by 89 per cent over the past four years, prompting the ATO to shift to a hardline approach last year. In November, deputy commissioner Vivek Chaudhary said there “would be exits” as the Tax Office “re-established the culture...

  11. Inflation erodes employee confidence, but bosses upbeat

    may be more confident that better times lie ahead.” Overall, only 72 per cent of workers felt the same this year compared to last while 89 per cent of employers believed business conditions were on the up. Employers cited increased financial resources...

  12. Apple Pay outpaces Afterpay in digital payments race

    had outpaced other digital payment services. “The usage of Apple Pay has grown far more rapidly and consistently over the last five years than any other digital payment service – from only 4 per cent of Australians in 2018, doubling to 8 per cent by...

  13. CA ANZ triples member ethics training, mandates annual pledge

    The by-law changes follow recommendations from an independent review of the body’s professional conduct framework released last year, instigated in the wake of the KPMG’s exam cheating scandal that implicated over 400 members. The plan also called on...

  14. Experts sound alarm over ‘flawed’ ATO royalty ruling

    Liam Delahunty, director Liam Telford and senior manager Tristan Hedley wrote on RSM’s website after the ruling was released last month. “It seeks to significantly expand the definition, particularly by asserting that software distributor providers make...

  15. Why AI, mergers and advisory add up to cautious optimism

    The accounting industry changes slowly but data reveals unmistakable trends and a positive outlook. Last year was unlike any other for the accounting industry. We saw: An annual decrease in the total number of accounting firms for the first time in...

  16. Why payday super offers a timely chance to close the gap

    support for their employees). The new PDS policy was announced jointly by the Treasurer and Assistant Treasurer on 2 May last year as part of the budget measures announced on 9 May. The policy sits against the historical landscape of decades of...

  17. Economists confident of rate cuts despite hawkish RBA

    latter half,” in line with central banks in the US, UK and Europe. “All indicators point to inflation falling faster than last year’s forecasts,” she said, and a rapid uptick in the unemployment rate could also prompt the RBA to bring rate cuts forward...

  18. 1 in 4 finance execs lack confidence in company data

    especially when dealing with unpredictable events. “We have been monitoring trust and confidence in financial data over the last five years and while trust levels have started to improve, the bottom line is that trust is still not nearly as strong as it...

  19. Moore snags audit director from Deloitte

    recorded annual revenue growth of 20 per cent for two consecutive years, and brought its director count to five, he said. Last month, Moore also promoted Aoife Bodkin to director 18 months after she joined the firm from PKF. Mr Sakkas attributed the...

  20. How technology helps avoid the dread of compliance work

    piling up on your desk, it can be all too easy to put off updating your books. But leaving your bookkeeping admin to the last minute can rob you of insights key to safeguarding the success of your business – not to mention pile on stress. If a business...