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

  1. Over a hundred auditor registrations cancelled

    after they failed to lodge their outstanding annual statements. In a public communication, ASIC said that in November last year, it sent a final warning to 404 approved SMSF auditors with outstanding annual statements, alerting them that their...

  2. Mid tier questions Victoria’s property tax reliance

    Mr Whatman. “We understand the government’s concern about housing affordability and there's no shying away from that but the last thing you want to do is create pressures in the market which means that supply dries up because all that is going to do is...

  3. Payroll tax here to stay, says ex-ATO official

    step in to remove the much-maligned payroll tax, despite Treasury recently weighing in on its impact on employment growth. Last month, Treasury released an analysis of payroll tax data which it claimed proved that the tax is no disincentive on...

  4. A fresh take on R&D tax incentives

    report, will be unveiled in the May budget (20 months after the findings were released for feedback). The ATO, meanwhile, last year launched a crackdown on businesses “misusing” R&D tax breaks. ATO Deputy Commissioner Michael Cranston said the blitz...

    • Type: Article
    • Author: Thomson Reuters Tax and Accounting Team
    • Category: Tax
  5. FWO offers assurance over ATO system hiccups

    of the SBSCH system to the ATO’s online services has been plagued with processing and crediting of payment issues in the last month, causing significant concern and disruption for the bookkeeping industry. In an update, the FWO said it had been advised...

  6. Prominent tax execs feature in Board of Taxation appointments

    to the development of the tax system,” said Ms O’Dwyer. The reappointments follow a raft of appointments announced late last year featuring a heavy representation from a big four firm. [email protected]

  7. CA ANZ predicts inaction on work deductions

    this year, the ATO flagged ‘other’ work-related expenses as an area of focus, after $7.9 billion in claims were recorded last year between about 6.7 million Australian taxpayers. Speaking to Accountants Daily, CA ANZ’s Australian tax leader, Michael...

  8. Tax an election hot topic, says accounting body

    licence to be bold when it comes to tax reform. A tax system built on simplicity and equity should be our collective goal.” Last week, the Tax Institute said the next 12 months is “going to be a big year in tax”. The Tax Institute’s senior tax counsel,...

  9. ‘Uptick in enquiries and nervousness’: ATO investigations spark fear

    secret accounts is “just the tip of the iceberg”, according to a big four firm who has seen a rise in advice enquiries. Last week, the ATO announced it had begun contacting 106 Australians who are suspected of utilising tax evasion schemes through...

  10. STP ‘a bureaucratic nightmare’ for small business

    ATO allow the client to give them a yearly authority to lodge on their behalf based on the information they've provided?” Last year, the Institute of Public Accountants noted how the rollout of single touch payroll would affect small businesses, citing...

  11. Education a missing piece in SME tax discussion

    people getting educated about that for their business, and then having incentives or tax benefits to do that would be huge.” Last month, a recent KPMG report measuring sentiment from mid-market firms regarding certain issues before the federal budget...

  12. Audit proposal to see fee hike, harsher penalties

    unless we do additional testing on the prior year’s figures, basically resulting in an audit of the financials since the last audit. Unless we complete this additional work we couldn’t sign off on the audit under the Australian Accounting Standards.” Ms...

  13. 3 tips to prepare for Tranche 2 of the AML/CTF Act

    now to ensure you’re in a good position when the legislation comes into place and not scrambling to implement a program last minute. Once Tranche 2 comes into effect, failure to comply can lead to fines and even imprisonment. It’s not just about...

    • Type: Article
    • Author: Infotrack
    • Category: Business
  14. Accounting consultant slams taskforce recommendation

    of digital advice for small businesses is unlikely to provide any real benefit to accountants, according to a consultant. Last week, the Small Business Digital Taskforce handed its final report to the government on how small businesses can make the most...

  15. Lobby group formed to oppose audit proposal

    government and the community more generally”, she noted. Ms Aisbett said a joint submission was sent to various parties last week voicing the collective concerns of the lobby group. The submission estimates that approximately 90 per cent of SMSFs will...

  16. The top 4 issues facing accounting practices today

    the CPA Australia Public Practice Conferences in May and June 2018, Jacobson will outline the most important changes of the last 12 months and hold master classes in Victoria and New South Wales. “Most of the tax policy I’m seeing at the moment is in...

    • Type: Article
    • Author: CPA Australia
    • Category: Business
  17. CPA awaits AGM outcome

    capacity of 1,484, where members will vote on 14 resolutions aimed at delivering the governance changes required in light of last year’s revelations that led to the sacking of chief executive Alex Malley and the resignations of the entire board. The...

  18. BDO acquires transfer pricing expert

    in demand from multinationals seeking transfer pricing guidance and support after Chevron lost its case against the ATO last year. “Transfer pricing continues to be one of the key issues facing global companies who have cross border operations,” Ms...

  19. Unlock shared revenue streams, advises expert

    recurring income overtook active non-recurring income that his life as a firm owner became much easier, he said. In the last five years, Mr Oates noted that 70 per cent of his firm's income was from recurring revenue, of which a large percentage of that...

  20. ‘A crushing of opinions’: Industry mulls changes to financial reporting

    for public financial reports.” ‘Vigorous debate’ With the AASB concluding its series of briefing sessions across the country last week, both Ms Ross and Mr Drum have urged practitioners to digest the proposals and submit their views to the board. Phase...