Assuming last is required, the following 4010 results were found.

  1. CA ANZ issues mea culpa over exam hiccup

    for its TAXAU120 exam after its remote exam provider, ProctorU, experienced a momentary connectivity issue with its server last Wednesday. According to CA ANZ, over 90 per cent of candidates were able to reconnect and complete the exam. “On behalf of CA...

  2. ATO investigation uncovers ‘serious’ cases of SAN misuse

    of SMSF auditor numbers, and has also identified some more serious cases involving forged audit reports. In March and April last year, the ATO sent a list to approximately 5,000 auditors with funds that had reported them as the auditor on the 2017 SMSF...

  3. Incoming ATO audits tipped to focus on JobKeeper, employer obligations

    audit activity is significantly down on previous years due to COVID-19, JobKeeper reviews have continued to feature over the last few months as the Tax Office looks to weed out fraudulent arrangements. “A lot of them are just the Tax Office looking for...

  4. ATO complaints going nowhere: Tax watchdog probes discrepancy

    issue previously. Inspector-General of Taxation Karen Payne has revealed that her office received 903 complaints over the last financial year where the ATO said it had no record of such complaints being raised with them. However, 86 per cent of online...

  5. TPB eyes sanction spike through joint ATO compliance program

    Board and the ATO look to further develop a joint compliance program. The joint compliance program, which was initiated last year, has already seen the ATO refer 245 matters to the TPB in 2019–20, a 25 per cent increase in referrals from the previous...

  6. Nick Scali repays $3.6m in JobKeeper subsidies

    move comes after Nick Scali reported an 89.9 per cent increase in profits to $40.6 million for the six months to 31 December last year, lifting its interim dividend to 40¢ a share, up from 25¢ last year. In an announcement to the ASX on Monday night,...

  7. KPMG offers COVID-19 ‘thank-you payment’, repays portion of salary cuts

    better-than-expected half-year figures would enable it to repay staff pay cuts introduced during the height of COVID-19 last year. The big four firm’s staff saw a 20 per cent pay cut for four months running from May to August 2020, but the firm...

  8. What’s Happening to Small Business Loans in Australia: Will 2020 Crisis Continue in 2021?

    and it’s not clear when it will get back to the pre-pandemic level. Experts state that this economic recession will last for a long time. Therefore, this situation isn’t going to improve soon. Unemployment. Recent reports state that the unemployment...

    • Type: Article
    • Author: Galyna Bulatseskul
    • Category: Business
  9. SME success strategies in the wake of a pandemic

    to changing travel regulations, border controls and vaccination rollouts, mean remaining flexible is the key to success. Last year, we saw many organisations move to company-wide remote working with very little notice. While some had remote working...

    • Type: Article
    • Author: Scott Harrington, William Buck
    • Category: Business
  10. Taxpayers urged to keep work-from-home records

    furniture, and other household fixtures that see wear as a result of a taxpayer’s working arrangements. The Tax Office last extended its simplified working-from-home deduction method in January while New South Wales was reckoning with the containment of...

  11. Senate committee suggests separate R&D tax incentive for software

    listed companies to disclose post-capital raising. The select committee on financial technology and regulatory technology last week released its second report on how the federal government could better support research and development (R&D) activities...

  12. Small business tasked to create 210,000 new jobs to stimulate economy

    released new research which shows that, while Australia was one of the fastest-recovering economies in the second half of last year, about 210,000 jobs need to be created across the small business sector by the end of 2021 to drive a full recovery. The...

  13. Post-budget reflections

    Plan. Stage 2 was originally legislated to apply from 1 July 2022 which would have subsumed the limited life LMITO. However, last year’s budget brought forward Stage 2 by two years and unexpectedly extended the LMITO by 12 months to 2020–21. The LMITO’s...

    • Type: Article
    • Author: Robyn Jacobson, The Tax Institute
    • Category: Business
  14. Small business owners face mounting mental health concerns: MYOB

    Of the business leaders surveyed, 52 per cent reported feeling stress as a result of operating over the course of the last 12 months, up by 7 percentage points from the same period last year. Meanwhile, 45 per cent of respondents reported experiencing...

  15. Frydenberg says Labor ‘cannot be trusted’ on tax cuts

    does. “Labor has opposed our legislated income tax cuts every step of the way and took $387 billion of higher taxes to the last election.” Mr Frydenberg’s comments follow reports of Labor Party support for the stage 3 income tax cuts, which are...

  16. ‘Record low’ insolvencies masking failed businesses

    according to a new report. Specialist insolvency firm Dissolve released the results of its latest Business Stress Report last week, which showed that formal insolvencies among Australian firms are down by 49 per cent compared with the same period last...

  17. PwC posts $2.2bn revenue for FY21

    well as our core business offering in assurance and tax.” Partner profits were up as well, 18 per cent higher than they were last year, when the firm booked a 15 per cent reduction. The firm said better-than-expected profits enabled it to make...

  18. Business closures ‘inevitable’ as defaults rise

    the death knell for businesses. New data from CreditorWatch has revealed that business defaults increased by 20 per cent last month, averaging a 10 per cent increase over the last three months. While defaults only rose by 0.6 per cent compared to August...

  19. Treasurer urges non-complacency as employees return to office environment

    reach as high as 15 per cent. As you know, it’s at 4.5 per cent today, a 12-year low. We saw GDP fall in the June quarter last year by its greatest number on record. And we have also seen across the rest of the economy a dislocation as the health...

  20. Job losses rise to 280k through lockdowns

    rate rose 0.1 per cent, up from 4.5 per cent to 4.6 per cent through September, as job losses rise to 281,000 over the last three months. ABS head of labour statistics Bjorn Jarvis said the fall was led by marked labour market shifts in NSW and...