Assuming last is required, the following 4049 results were found.

  1. ATO needs to pivot from ‘team Australia’ moment

    New Zealand (CA ANZ), said while the ATO is currently in the midst of its self-quoted “transformation period”, expected to last until 2024, the office will likely need to make a series of adjustments in order to respond effectively to the state of the...

  2. ASIC releases annual audit report

    financial reports were free from material misstatement. The overall results for the six largest firms were consistent with last year, ASIC noted. ASIC noted that in the 23 per cent of the 115 key audit areas reviewed across 35 audit files of the six...

  3. Chris Jordan speaks out on JobKeeper disclosure probe

    details related to large companies that received JobKeeper. The Senate committee of privileges’ report, released late last week, cleared Chris Jordan of any contempt arising from his engagement with a Senate order to provide the information about...

  4. ATO provides end-of-year deadlines ahead of annual closure

    2021, will be processed from 4 January 2022 and SG quarterly payments are due on 28 January 2022. The ATO will send its last tax return status email, which reports the actions it is taking when processing clients’ tax returns, in the week commencing 13...

  5. 2021: End of year wrap

    has, according to the World Health Organization at the time of writing, infected nearly 272 million people. This time last year, I reported in this column that nearly 66 million people globally had been infected. In this same period, Australia has...

  6. Advisers warned on liability risks with DIN process

    should update their procedures for setting up companies now to avoid hefty penalties, said an industry law firm. In June last year, the government passed laws introducing the requirement for all directors of a company in Australia to have a director...

  7. Find ABN and GST errors in minutes and smooth out BAS review

    and rework and reduce compliance risk. A whopping 59.92% of 2,242 Xero accounting files audited by XBert's AI in the last quarter contained ABN or GST errors. Whether you’re preparing BAS lodgements for clients who do their own bookkeeping, or you...

    • Type: Article
    • Author: XBert
    • Category: Tax
  8. Mid-market M&A sees surge in new financial year

    missing out (FOMO) from businesses fuelled M&A confidence in 2021 as average deal size increased almost $10 million in the last quarter to $54.3 million. This was also likely driven by sustained low-interest rates that allow for a higher concentration...

  9. ATO updates process for requesting non-binding advice

    “We’ve updated our superannuation enquiries page to show you the new way to lodge enquiries,” the ATO said. In late December last year, the ATO closed its professional-to-professional (P2P) mailbox that was used by SMSF auditors to request non-binding...

  10. Grant Thornton cements partnership to tap into open banking 

    we recognise the immense value in engaging with CDR as the regulations mature and barriers to entry decrease. “Over the last 12 months we have been working with Validis to access and analyse accounting data from our clients’ internal systems for which...

  11. PKF names new managing director

    about the transition of roles. “Succession in any organisation is a key part of the journey of being in business. The last 12 years has been one of opportunity, challenges, good times and some tough times but above all the most rewarding of my career....

  12. Accountants ‘livid’ over ATO trust crackdown 

    to completely rethink their strategies heading into the 2022 tax season. The ATO draft public advice and guidance, released last week, relates to section 100A reimbursement agreements and division 7A of the Income Tax Assessment Act 1936. “Accountants...

  13. ATO focuses on dodgy work-from-home claims

    WFH deductions, acting assistant ATO commissioner Sylvia Gallagher said, with 4.1 million taxpayer claims already exceeding last year’s figure and a huge increase on 2019, when there were just 1.4 million. Work-related expenses would continue to look...

  14. Accountants give ATO 100A draft the thumbs down

    7A draft rulings a firm thumb’s down in responses to a CA ANZ call for feedback on the issues. The rulings, released last month, are condemned for being “retrospective” and driven by an internal agenda at the ATO, rather than legal or political...

  15. Small business a weak link in digital economy, says CPA Australia

    are growing faster thanks to technology. Australian small businesses grew more slowly than their peers in the Asia Pacific last year, according to CPA Australia’s latest Asia-Pacific Small Business Survey, and their failure to embrace technology is a...

  16. SMSF industry welcomes halving of minimum pension for FY22-23

    chief executive Peter Burgess said. The move, which extends the temporary reduction until June 2023, was reported late last week by Nine News. The Morrison government first introduced a reduction in the minimum annual payment required for account-based...

  17. Money! That’s what accountants want

    way behind their peers in insurance, banking and finance. The findings, in a survey of more than 11,000 people during the last quarter of 2021 by recruitment website SEEK, shed light on what motivates the profession as vacancies skyrocket. The head of...

  18. Nexia Perth has realised the ambition of being able to work “anytime, anyplace, anywhere”

    for a much smoother workflow.” Susan Montonari, Chief Operating Officer (COO) at Nexia Perth takes up the story “Over the last seven years or so, we have gradually moved all our practice software to the cloud”. As COO, Susan is constantly looking to...

    • Type: Article
    • Author: MyWorkpapers
    • Category: Business
  19. We could have done better with 100A, says ATO

    profession and is looking to address this in the final guidance. It follows clarifying comments from the ATO, welcomed late last week by the Assistant Treasurer, that the draft guidance would “not apply on a retrospective basis”. “Confirmation that...

  20. Inflation result spells uncertainty for business

    would need to factor in increased input costs for clients but also a big dose of uncertainty about how long inflation would last. Gavan Ord, senior manager, business and investment policy at CPA Australia, said the result showed we were going down the...