Assuming last is required, the following 4011 results were found.

  1. Employer audits to surge, ATO warns

    activities based on our focus and other priorities,” it said. Grant Thornton partner George Bendall told Accountants Daily last week that it had only begun to receive REP requests since the end of last year. Mr Bendall said the reviews were...

  2. Data privacy the main hurdle to the national skills passport, expert says

    with businesses, unions, tertiary institutions, governments, and individuals. The window for submissions closed last night. Among the reasons provided for the development of a skills passport was the belief that it could “be an important part of...

  3. ‘Standout’ local result propels Mazars to double-digit growth

    to help our clients stay ahead of the regulatory curve and reporting requirements.” The firm’s results follow plans revealed last year to create a new top 10 global network in June with US accounting firm Forvis. Mazars also recently announced new...

  4. ‘No reason’ for gas industry’s generous anti-avoidance rules

    few technical amendments” concerning uplift rates and onshore projects were made to the PRRT rules in 2019, it was not until last year’s federal budget that the government provided a “holistic response” to the Callaghan report, said Mr Telford. In May...

  5. ATO mulls options with on-hold tax debts

    of dollars’ worth of tax debts it deemed “uneconomic to pursue” after pausing its debt awareness campaign in November last year. The Tax Office notified tax agents in October that it would be offsetting clients’ tax refunds or credits against debts on...

  6. Senators brand CA ANZ’s big 4 regulation an ‘absolute failure’

    reflection of what this committee and the other committee and the fourth estate has uncovered.” CA ANZ amended its by-laws last year to close loopholes around prosecuting former members who breached its ethical framework. But the body's general counsel,...

  7. ATO issues $23m in assessments after latest ESST raids

    suspected of using, manufacturing, or supplying electronic sales suppression tools (ESSTs) to avoid paying tax. Over the last two weeks, ATO officers led raids on 17 premises associated with three businesses suspected of supplying or manufacturing ESSTs...

  8. PKF appoints 2 Newcastle audit partners

    also earned him respect among colleagues and clients, the firm said. PKF Newcastle and Sydney brought in over $54.1 million last financial year, with $17.7 million in fees coming from its audit and assurance division, according to its transparency...

  9. Households face highest tax levels in 2 decades, analysis shows

    according to the Centre of Independent Studies. Up to 45 per cent of household income is going towards paying taxes, and the last time tax levels were so high was 23 years ago in 2001, according to an analysis by The Centre of Independent Studies. The...

  10. Accounting bodies pin hopes on UK deal to relieve auditor shortage

    talent shortage problems, professional bodies say. ASIC and its UK counterpart, the Financial Reporting Council (FRC), last week inked a Memorandum of Understanding on Reciprocal Arrangements (MOURA) deal allowing qualified auditors of either country to...

  11. Common tax traps for residential rental properties

    a 2018 explanatory memorandum accompanying an amending bill: Phoenixing to avoid paying GST has grown significantly over the last decade. As of November 2017, the ATO has identified 3,731 individuals [who] have actively engaged in this activity over the...

  12. Small business urged to use ATO courses to learn tax, boost compliance

    for businesses to comply with their tax obligations. It comes after new Commissioner Rob Heferen issued a fresh warning last week to small businesses that continue to be over-represented in the ATO’s $50 billion book of collectable debt. Minister...

  13. Global ethics body to probe firm culture amid accounting ‘trust crisis’

    International Ethics Standards Board for Accountants (IESBA) said in its three-year Strategy and Work Plan 2024-27 released last week that it was a matter of public interest to prioritise ethics. Without explicitly referring to PwC’s actions in...

  14. External administrations hit record high in March

    to CreditorWatch. Deteriorating trading conditions and weak consumer demand drove external administrations to a record high last month, with small and medium businesses in construction and retail at the highest risk of collapse. The CreditorWatch...

  15. Company failures on track to reach 12-year high: ASIC

    financial year. ASIC recorded 7,742 company failures in the past nine months, over a one-third increase on the same period last year, according to insolvency data published yesterday. “With only one quarter remaining this financial year, it’s expected...

  16. 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...

  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. 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...

  19. 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...

  20. 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...