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

  1. Auditors set for name and shame for poor audit quality

    disciplinary processes for audit misconduct. CADB The review noted that ASIC had only referred six matters to CADB in the last eight years and only commenced one matter in court, due to RCAs voluntarily cancelling their registration prior to a CADB...

  2. FBT red flags marked by ATO for 2019 lodgement

    to report benefits, incorrectly applying exemption for vehicles or incorrectly claiming reductions for these benefits. Just last year, the ATO issued PCG 2018/3, explaining when the commissioner will not apply compliance resources to determine if...

    • Type: Article
    • Author: Reporter
    • Category: Tax
  3. New instant asset write-off could favour medium businesses more

    write-off than their smaller counterparts who are required to elect to use simplified depreciation to access the write-off. Last week, the government rushed the passage of its expanded instant asset write-off, increasing the threshold to $30,000 and...

  4. ATO sheds light on new SG education course

    the new superannuation guarantee obligations course have been released, with employers set to face an 80 per cent pass mark. Last month, Treasury Laws Amendment (2018 Measures No. 4) Bill 2018 received Royal Assent, giving the commissioner power to...

  5. Tax agent claims family pet as guard dog, gets booted by TPB

    subsection 30-10(7) (tax agent services are provided competently) as a result of the ATO’s crackdown on the expenses front. Last year, the TPB’s compliance work for the 2017–18 period resulted in a total number of 287 sanctions, including 24...

  6. Election called: The big-ticket items for tax, accountants

    the CGT discount to be halved to 25 per cent for investments entered into after 1 January 2020. In his budget reply speech last week, opposition leader Bill Shorten reinforced his plans to put an end to cash refunds for excess dividend imputation...

  7. Surprise payslip audits follow tip-offs

    rights and that we can help them.” The hospitality industry was again overrepresented in contacts to the Fair Work Ombudsman last financial year, with 18 per cent of workplace disputes recorded, a third of court actions and almost 40 per cent of all...

  8. ‘Bottom of political barrel’: Profession slams Labor’s attack on accountants ‘rort’

    to a particular figure,” said Professor Deutsch. “It is distortionary.” The ATO’s scepticism Commissioner Chris Jordan had last month questioned the basis of the proposal, noting that the millions that Labor were pointing to were probably down to...

  9. Labor pushes on with franking credits ‘gift’ portrayal

    the implications of removing refundable franking credits The House of Representatives Standing Committee on Economics had last week released its report on the franking credits debate, recommending against the proposal and that any such move should only...

  10. Shorten says he ‘loves accountants’ despite deductions cap

    who wants to invest in our people?” The opposition leader’s comments come after he described such tax deductions as a “rort” last week, with the profession hitting back. Labor has based its policy on the ATO’s 2014–15 figures which showed that 48 people...

  11. Mental health and accounting: your role in the lives of your clients

    Institute of Public Accountants has been exploring the role accountants play in the lives of small business owners for the last two years. Over that time, they’ve found strong links to suggest an accountant can improve the mental health of an SME owner....

    • Type: Article
    • Author: Reporter
    • Category: Business
  12. Both sides of government spin super promises

    party will not implement new taxes on superannuation. At this stage, there is no time frame for how long this guarantee will last in the Liberal Party’s statement. It’s important to note that when Scott Morrison was federal treasurer in 2016, he...

  13. Delivering a quarterly reporting and meeting service

    Use a standard agenda, with scope to vary and add items each meeting. Hold me to account about what I undertook to do at the last encounter. Tailor my accounting reports if need be. Tell me where the money went. Give me meaningful comparisons against...

    • Type: Article
    • Author: Scott Charlton, Slipstream Coaching
    • Category: Business
  14. M&A deals reach 7-year high

    a 19.5 per cent increase in transactions from the year before, representing the highest M&A activity in Australia in the last seven years. The total value of the 49 transactions over $50 million in 2018 was approximately $48.7 billion, compared to $41.6...

  15. Carbon expands to NSW with 15th merger

    merger follows in the footsteps of Melbourne-based Books in Shape and Platinum Bookkeeping, which joined Carbon Group in the last six months. [email protected]

  16. Government lobbied for major TPB changes

    resourced to enforce the code and carry out its disciplinary functions despite the $20.1 million funding announced in last year’s federal budget. It noted that out of the approximately 120 TPB staff members, 80 of them are allocated to handling...

  17. H&R Block celebrates legacy of its founder, who passed away at age 96

    end of an era, but his vision and legacy will continue to be embodied at the network, says its Australian managing director. Last week, H&R Block announced that its co-founder, Henry Bloch, had passed away, at the age of 96. In 1955, the American...

  18. CountPlus acquires stake in Melbourne CA and financial planning business

    CountPlus’ third acquisition in six months, following a minority stake in Victoria-based O’Brien Accountants & Advisors last year after its change in business model, and the acquisition of Coffs Harbour firm Kerry Albert & Co earlier this year....

  19. Mid-tier network appoints CPA as South Australia CEO

    appointment follows the appointment of Tony Sacre, the former head of the Sydney Stock Exchange, as its new chief executive last year. Accountants Daily understands that all members of the Bentleys Network are separate legal entities and not in...

  20. Big four reveals partners’ average tax rate

    than 8,000 people, making us a significant contributor to Australia’s economy and tax system,” Mr Sayers said. “Over the last three years, PwC, its partners and its employees have contributed more than $1.7 billion in total taxes. “In the 2018 financial...