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

  1. Company denied cash flow boost under ‘discriminatory and counterintuitive’ rule

    tax notice requirement. She pointed to how the top professional accounting bodies had raised the issue with the Treasury last year, but it failed to be considered by the department. “It is not enough to demonstrate business activity before 12 March,” Ms...

  2. Bankruptcy trustee referred to disciplinary committee

    committee after he was issued with a show cause notice by the Inspector-General’s delegate, Tim Cole, in December last year. A disciplinary committee will soon convene under Part 2, Schedule 2 of the Bankruptcy Act to decide whether Mr Moore’s...

  3. Federal Court imposes orders on SMSF accountant

    and other letters be sent to client addresses from expired driver’s licenses. ASIC then turned to the Federal Court late last year to direct her to comply with the enforceable undertaking, with Ms Thorne now agreeing to do so. The court also ordered Ms...

  4. ‘Cyber reality check’: COVID-19 sees a rise in data breaches

    year, with malicious hacking increasing by 91 per cent while accidental disclosures by staff rose almost 60 per cent. Last year emerged as an unprecedented digital test for businesses, Mr Fouche said, as industries and governments were forced to make...

  5. Treasury reveals director ID regime details

    a unique director identification number as the Treasury reveals more details on the incoming program. Laws passed in June last year will soon see new and current directors required to apply for a director identification number (director ID) which they...

  6. Treasurer sends warning to premiers as JobKeeper ends

    for premiers to “think twice” before closing borders echoed similar advice offered by Prime Minister Scott Morrison, who last week suggested premiers heed the economic risks posed by such measures. The Morrison government’s $90 billion JobKeeper...

  7. ‘A strong acknowledgment’: Australians give accountants vote of confidence

    trust level in their tax practitioner, on par with figures from the year before. The survey, which was conducted in November last year, also found that two out of three rated their experience with their tax practitioner as excellent. CPA Australia...

  8. EY reveals new chief executive

    strategy and transactions managing partner in 2016. He has been a member of the EY Oceania Executive Leadership Team for the last five years and has been an active member of a number of Asia-Pacific and global leadership committees within the firm. “We...

  9. Government extends SME responsible lending exemption

    responsible lending obligations for banks. The SME responsible lending exemption, introduced at the start of the pandemic last year, was due to expire on 2 April but will now be extended until the government secures passage of its credit reforms through...

  10. UK’s audit reforms could be a ‘watershed moment’ for global markets

    that similar reforms might take shape in Australia, after recommendations handed down by the inquiry, released in November last year, cast emphasis on ASIC and the Financial Reporting Council to define audit and non-audit categories, and provide clarity...

  11. ATO called to drop Part IVA for personal services businesses

    the right thing after having passed the stringent tests of Part 2-42, only to find out that this is not the case.” PSI rules last came into the spotlight in 2009 after the Board of Taxation’s review, followed closely by Dr Ken Henry’s Australia’s Future...

  12. ATO makes extension relief on NALI

    recent Tax Institute Superannuation Intensive Series 2021, ATO assistant commissioner Justin Micale said that, in December last year, the ATO took further industry consultation and since then has continued to receive submissions on draft Law Companion...

  13. Greens propose 6% wealth tax, corporate super profit tax

    a day, and fund government employment programs. “The next election will be closer than people think,” Mr Bandt said. “At the last election, Australia was only 828 votes away from a minority Parliament. “At the next election, people can kick the Liberals...

    • Type: Article
    • Author: Reporter
    • Category: Tax
  14. Brisbane to enter 3-day lockdown

    hours after JobKeeper’s expiry, which in its final week supported around 1 million jobs. Treasury secretary Steven Kennedy last week said the end of JobKeeper could mass trigger unemployment for up to 150,000 Australians. Lockdown restrictions in...

  15. Insolvency firm branches out into corporate advice

    in helping businesses recover from economic challenges,” said Domenic Calabretta, CEO of Mackay Goodwin. “Over the last year, it has become very apparent there are also some fantastic organisations, both listed and unlisted, as well as start-ups, which...

  16. ‘Penalties will resume’: ATO flips the switch on debt recovery

    and their clients that firm action will not be taken if they reach out for help. “We understand the bushfires from last year, COVID-19 or the floods more recently may continue to have a significant impact on taxpayers and tax professionals,” said the...

  17. An end-of-tax year preview in a post stimulus world

    issue relating to the requirement to have an Australian Business Number (ABN) and evidence of business activity by 12 March last year to be eligible for JobKeeper (on the basis of business participation, not employees) and the cash flow boost. There’s...

    • Type: Article
    • Author: Intuit QuickBooks
    • Category: Tax
  18. Deloitte acquires Rice Warner

    consultancy and research firm and was looking forward to the next phase of its journey under Deloitte. “Over the last three decades, our incredibly talented team across the business has helped our clients navigate an increasingly challenging...

  19. ATO updates guidance on promoter penalty laws

    superannuation despite release criteria not being satisfied. Concerns around illegal access to super were raised by the ATO last year after it identified 1,200 taxpayers who withdrew money under the COVID-19 early release of super measure and...

  20. Cloud technologies necessary to ride wave of economic growth for accounting practices

    accountants will be advising clients through a period of substantial economic growth. While this may be a stark contrast to last year, one thing holds true: accounting practices will need to lean on digital innovation to ride this wave of growth. To...

    • Type: Article
    • Author: Kerry Agiasotis, Sage Asia Pacific
    • Category: Technology