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

  1. ‘Exceeding expectations’: 1 in 5 tax agents using myGovID

    still a month and a half out, so to be there is fantastic because we know that most people traditionally leave it to the last minute,” Mr Dardo said. “There’s a bit of a myth out there that it has not been taken up, but enrolments are far exceeding our...

  2. ATO eyes foreign tax credits in compliance crackdown

    urged to review historical claims following the court’s affirmation of the ATO’s interpretation of the FITO provisions. Late last week, the High Court refused a taxpayer’s application for special leave to appeal the Full Federal Court’s decision in...

  3. ATO resolves errors in SMS alert service

    in its newly launched text message alert service for trustees that was flagged by a number of SMSF industry professionals. Last week, the new SMS alert service was mistakenly triggering alerts for SMSF trustees upon lodgement of their 2019 annual...

  4. Australia drops down Financial Secrecy Index despite hosting illicit funds

    begun to publish their country-by-country reports under the new GRI tax standard. “The GRI tax standard published last year delivers the highest quality of public country-by-country reporting data, as formulated by experts from all stakeholder groups...

  5. ‘Many hundreds’ of Australians feared to be caught in tax evasion arrangements: ATO

    their taxation obligations. “Tackling the abuse of correspondent banking arrangements was at the heart of our direction last month, and we are looking beyond just a single financial institution in Central America. And again, I have fears that there may...

  6. ‘Significant increase’: TPB floats drastic CPE changes

    lower CPE requirement. The proposal, released as part of the TPB’s discussion paper into its review of CPE, comes after its last review of CPE for tax and BAS agents in 2012 and tax (financial) agents in 2014. The proposed change comes as the TPB seeks...

  7. New law: The director penalty regime extends to GST

    action to place the company into administration or to wind it up. This obligation commences on 31 December 2019, being the last day of the relevant tax period. Her resignation as a director does not release her from that obligation. On 1 July 2020, the...

    • Type: Article
    • Author: Craig Whatman, Pitcher Partners
    • Category: Regulation
  8. Checklist of top tax changes in 2020

    balances can make voluntary superannuation contributions for 12 months from the end of the financial year in which they last met the work test The concessional taxation age for genuine redundancy and early retirement scheme payments has been aligned...

    • Type: Article
    • Author: Wolters Kluwer Australia
    • Category: Tax
  9. CA ANZ launches new master’s degree partnership

    flexible study pathways. CA ANZ first launched the pilot program across the ditch with Victoria University in New Zealand last year, with its first intake of students to commence from term 1 2020. Should the pilot partnership prove successful, CA ANZ...

  10. Plutus Payroll ‘lackey’ sentenced to over 3 years in jail

    Kitson, the former general manager of Plutus Payroll, who pled guilty to conspiring to defraud the Commonwealth in August last year and was sentenced to four years and six months in jail, with a non-parole period of three years. Chief of the Serious...

  11. What the global digitisation story can teach us about STP

    governments have been paying attention. Following in a widespread global movement, STP is by no means the first (or the last) of its kind. Whether it’s Payday Filing in New Zealand, Making Tax Digital (MTD) for VAT in the UK or the global adoption of...

  12. Restaurant director faces court after ‘physically blocking’ access to wage records

    and obstructed inspectors by physically blocking an inspector from viewing time and wage records during a site visit last year, and then removing that record from the premises. CNL is also alleged to have provided false and misleading pay records to...

  13. ATO investment strategy guidance ‘unnecessary’: SUPERCentral

    trustees what they are already telling themselves to do, argues SUPERCentral. The guidance, which was released by the ATO last week, advised SMSF trustees to set out why and how they’ve chosen to invest their retirement benefits in order to meet their...

    • Type: Article
    • Author: Adrian Flores
    • Category: Super
  14. ATO rates itself as a ‘good’ regulator despite declines in key areas

    community feedback, and identifying where it can improve as part of the “Better as Usual” work program announced in August last year.

  15. RBA reveals March cash rate call

    in the education and travel sectors. “Given the evolving situation, it is difficult to predict how large and long lasting the effect will be. Once the coronavirus is contained, the Australian economy is expected to return to an improving trend.” Today’s...

    • Type: Article
    • Author: Cameron Micallef
    • Category: Business
  16. Former PM joins mid-tier board

    29th prime minister, who served from September 2015 to August 2018, joined KKR as a global senior adviser in June last year. KKR made headlines in the accounting industry recently, following its acquisition of MYOB in 2019 after over a year of...

  17. Government pushed to consider fiscal response

    now been called to loosen its purse strings to counter the impact of the virus, despite Prime Minister Scott Morrison saying last week, “I can assure taxpayers… that we’re not a government that engages in extreme fiscal responses.” Federal Reserve chair...

  18. TPB unveils new ‘transparent’ register

    to improve the effectiveness of the regulatory environment, including suggesting a return of the accountants’ exemption. Last month, the TPB floated a proposal to significantly increase the minimum continuing professional education (CPE) requirement for...

  19. A new win/win opportunity for your practice and your clients

    any time. So that’s a third win – by my count that makes a win/win/win! What about a service based business? We were asked last year to assist a Not-For-Profit (employing around 30 staff) to upgrade their systems. We were able to work with the client...

    • Type: Article
    • Author: Rhys Roberts
    • Category: Business
  20. Ladies, we need to talk about money

    some of it towards your super? A little bit extra goes a long way, particularly when you consider that money you invest from last year’s tax cheque is tax deductible this year, meaning you’ve got more to invest in tax-deductible super contributions....

    • Type: Article
    • Author: Geraldine Magarey, CA ANZ
    • Category: Business