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

  1. ‘Biggest structural reform’ to SME finance gets thumbs up

    has welcomed the government’s introduction of a new small business financing scheme off the back of its lobbying efforts. Last week, Treasurer Josh Frydenberg announced that the government would introduce a $2 billion Australian Business Securitisation...

  2. Accounting bodies speak against franking credit proposal

    is no investment that guarantees you a profit or a return so we can’t guarantee that what investors have received over the last decade is going to continue unfettered into the future. “Certainly if you’re already retired you have very limited options...

  3. New laws targeting tax deductions for non-withholding businesses

    legislation removing tax deductions for entities who fail to comply with their withholding obligations are set to kick in. Last week, the Treasury Laws Amendment (Black Economy Taskforce Measures No. 2) Bill 2018 passed both Houses, introducing new...

  4. CA ANZ backs latest round of education changes

    guidance put forward by the Financial Adviser Standards and Ethics Authority, citing a similar assessment to its CA Program. Last week, FASEA released a legislative instrument for consultation that covers, in detail, what further education existing...

  5. Major bank unveils invoicing product

    from Deloitte Access Economics said e-invoicing could result in economy-wide benefits of up to $28 billion over 10 years. Last month, Treasury released a discussion paper consulting on the e-invoicing governance arrangements between the Australian and...

  6. ‘Please do not panic’: ATO boss addresses STP concerns

    low-cost solutions. We are a capable bunch of people in Australia, and we will certainly take a reasonable approach.” Last month, the ATO began seeking expressions of interest from digital services providers to develop Single Touch Payroll software for...

  7. Tax agents, auditors targeted in SMSF non-lodgment crackdown

    be dealing with around 39,000 SMSFs in relation to non-lodgment issues. The ATO undertook a review of persistent non-lodgers last year, identifying around 49,000 funds who had two or more years of outstanding returns. “By July this year, we had worked...

  8. Accountants urged to ‘get their act together’ on advice

    cent who would turn to a licensed accountant to meet those needs. Further, a report by Investment Trends found that over the last 12 months, trust levels have fallen most severely for banks and financial planners to below five out of 10, and into the...

  9. Franking changes tipped to ‘strangle’ SMSFs

    refunds. The difference is that the SMSF industry back then was in its infancy and wasn’t widespread. “In the course of the last 18 years, we have encouraged the SMSF industry, partly I have to say through excess imputation credits but not entirely, and...

  10. Mid-tier highlights ATO’s gig economy focus

    employee or an contractor and this has just made it a much bigger issue because of the onslaught of the gig economy over the last few years.” According to Ms Townsend, accountants should be advising their business clients to speak to appropriate...

  11. ASIC ramps up focus on accounting standards

    should be particularly careful with as the new standards come into effect, and having released its focus area late last year. [email protected]

  12. Property investors marked a high compliance priority

    Australians now claim deductions for rental income at tax time. About $45 billion in rental expenses were lodged to the ATO last financial year, pushing property investors’ compliance with tax laws to the top of the Tax Office’s agenda. “It’s one of our...

  13. Liquidator costs slashed as ASIC finalises funding model

    insolvency firms themselves becoming insolvent. “We know that around 10 per cent of liquidators quit the profession in the last year, many in no small part due to the expected costs of this IFM.” According to ASIC, the decrease in actual costs was...

  14. CGT bill delay prompts flak from Labor

    schedule in October pending further reconsideration. However, the bill has yet to be considered by the Senate ahead of the last sitting day on Thursday before it breaks for Summer. Parliament is scheduled to return on 12 February 2019. Shadow treasurer...

    • Type: Article
    • Author: Jotham Lian
    • Category: Tax
  15. ‘Appetite’ for accountants’ licensing reform with government

    has made great strides but we have to acknowledge that the accounting profession has been doing its trade and craft for the last series of centuries so we are coming at different angles. “We are working on some viable options to recognise the...

  16. Diversified services tipped to drive most revenue growth in 2019

    their clients,” he added. “Not to do so – means there is a huge opportunity cost for both the client and the practice. The last thing any accountant wants is to lose a client because they not delivering the right services.” Likewise, Bstar chief...

  17. E-commerce crackdown raises $1bn

    over four years, the taskforce has sought to investigate and combat the most aggressive tax avoidance arrangements. Over the last financial year, the taskforce has raised nearly $3 billion in liabilities against large public groups and multinational...

    • Type: Article
    • Author: Reporter
    • Category: Tax
  18. Agent’s tax debts could trigger client audits: ATO

    program targeting tax agents with outstanding tax obligations could trigger ATO client audits, the agency has revealed. Last week, the TPB announced the launch of a debt and lodgment project for tax practitioners who have personal tax debts with no...

  19. $500 exam for accountants under new education rules

    irrelevant, with the latest guidance from FASEA indicating that lobby efforts for accountants have fallen on deaf ears. Late last week, the Financial Adviser Standards and Ethics Authority (FASEA) released the legislative instrument for the exam which...

  20. ATO ‘absolutely’ to continue paperless push in 2019

    accounts. That’s where a payment summary will be delivered,” Mr Drost told Accountants Daily at Accountech Live in Melbourne last year. “By stealth, the ATO are removing the paper. When a client signs up to MyGov, a lot of paper stops coming through the...