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

  1. JobKeeper eligibility change to impact fortnight 10 under ‘one in, all in’ rule

    JobKeeper eligibility tweaks that could cover a number of employees under the “one in, all in” principle from fortnight 10. Last week, Treasurer Josh Frydenberg announced a key adjustment to the date of employment for assessing which employees are...

  2. ATO backflips on lodgement statistics concealment

    from the tax profession, and will now provide fortnightly updates, including the split between myTax and agent lodgements. Last month, Accountants Daily revealed that the ATO would no longer provide regular lodgement statistics updates, much to the...

  3. JobKeeper rules changed, ATO guidance updated

    1 July eligibility changes are now in effect, with employers given until the end of the month to satisfy the wage condition. Last Friday, the Treasurer registered a legislative instrument bringing into effect the change that would see staff employed by...

  4. 1 in 4 businesses rejected for new loans

    in the transport and storage sector were most likely to be rejected for finance, with 60 per cent being knocked back in the last three months. Businesses in the cultural and recreational services sector were not that much better off, with 56 per cent...

    • Type: Article
    • Author: Cameron Micallef
    • Category: Business
  5. Account for September deferred payments now, businesses warned

    accountants have been urged to help their small-business clients understand what expenses will need to be paid in the last quarter of the year. With just one week to go before September, Scottish Pacific’s general manager for Victoria, Jane Starkins, is...

  6. Xero targets invoice financing with latest acquisition

    and lenders in Australia and the UK. The deal comes after non-bank lender Scottish Pacific joined the Xero app marketplace last month.

  7. TPB sees pushback on academic plans

    Tax Practitioners Board has been told to put a hold on its plan to legislate current guidelines on academic requirements. Last month, the TPB proposed to convert existing guidelines and information sheets containing requirements for board-approved...

  8. Payment times transparency will not solve small-business woes, says Labor

    the whole economy benefits.” The bill is likely to pass this week, after a Senate committee gave it the green light late last month.

  9. ATO legal database changes ‘holding very well’

    resolved,” Ms Jenkins said. “We are continuing to test the performance of the legal database, and from our testing over the last week, the fixes appear to be holding very well, with the database working much more smoothly.” Ms Jenkins also noted that...

  10. ATO, tax agent COVID-19 scams on the rise, warns mid-tier

    Mr Fittler said. “It’s an emotional time for many business owners who are already struggling to keep things afloat; the last thing they need is to unknowingly hand over sensitive financial information to someone purporting to be from the ATO. “The...

  11. ATO settles JobKeeper ordinary income debate

    offset, and the base rate entity tax rate. The ATO was pressed into action by the Tax Practitioners Stewardship Group early last week, leading to the updated guidance on Friday, and has since been described as a “sensible outcome” by the Tax Institute’s...

  12. ATO monitoring new compliance item in SAN misuse mailout

    will help identify instances where trustees and tax agents have lodged returns before the completion of the audit report. Last year, the ATO began issuing SMSF auditors with a list of funds that have quoted their SMSF auditor number (SAN) in order to...

  13. CPA Australia presses Daniel Andrews for business support

    until 26 October, on the condition that average state-wide cases fall under five for the previous 14 days. Moving to the last step, where all industries will be allowed to reopen under some form of restriction, will only happen from 23 November if the...

  14. ‘Astonishing collapse’ on the horizon as zombie companies spike

    and insurance companies are the least likely to be paid on time, with a 657 per cent spike in late payments from this time last year. Transport, postal and warehouse late payments were up by 500 per cent to 90 days, while administrative and support...

    • Type: Article
    • Author: Cameron Micallef
    • Category: Business
  15. Now is the time to shatter the insolvency stigma

    change the way people regard insolvency by changing how we talk about insolvency. Instead of referring to insolvency as “a last resort”, we say it’s “the right decision”, and rather than “undertaking a procedure”, we say “finding a solution” to put an...

    • Type: Article
    • Author: Andrew Spring, Jirsch Sutherland
    • Category: Business
  16. PAYG variation check-up ‘a good idea’ in light of extended ATO flexibility

    the ATO has recognised that.” Mr Croker also urged business owners not to leave PAYG instalment variation discussions to the last minute and to seek out early advice from accountants who are best placed to understand their current situation. “For the...

  17. ATO reveals ASIC outcomes for SMSF auditors in FY2020

    of 19 SMSF auditors at their request during that year, following compliance concerns raised with them by the ATO or ASIC. Last month, ASIC reported that it had cancelled the registrations of 36 SMSF auditors and imposed conditions on a further six in...

  18. ATO’s ‘hands are tied’ on cash flow boost, JobKeeper anomaly: Tax Institute

    was derived or the supply was made. ‘A missed opportunity’ The Treasury was confronted on the issue at a Senate inquiry last week but responded by noting that the design of the program was a matter for the government. The department also confirmed that...

  19. Commissioner registers updated JobKeeper alternative tests

    test removes the requirement for entities with multiple acquisitions, disposals and restructures to use the period after the last of the sequential transactions. Where an entity has had multiple acquisitions, disposals or a sequence of restructure...

  20. Government flags insolvency reform ahead of expected wave of closures

    companies that have gone into external administration over the period from March to July 2020 compared with the same period last year. It believes the new regime will cover around 76 per cent of businesses subject to insolvencies today, 98 per cent of...