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

  1. Treasury undertakes review of insolvent trading safe harbour legislation

    a restructure will now come under review in a bid to make the provisions available to a broader cohort. The Treasury last week opened the consultation process on a review of the Treasury Laws Amendment (2017 Enterprise Incentives No. 2) Act 2017, which...

  2. Accountants eager for reopening, even as cases rise

    is largely in step with the broader business community. Business Council of Australia chief executive Jennifer Westacott last week doubled down on government vaccination messaging, calling for the expedited reopening of the Australian economy. “The...

  3. ATO prosecutions fall by 70% in FY21

    The ATO’s prosecution results showed that prosecutions for more serious tax-related crime were down on levels recorded last year, though only marginally. In the FY21, the ATO prosecuted 20 cases, all of which resulted in convictions. The 20 cases dished...

  4. Accountants to gain client credit risk transparency through new partnership

    however, has confirmed that it will not implement a universal pause on all compliance work, a departure from its position last year where it halted all debt and lodgement campaigns in light of the COVID-19 pandemic. “We have not halted our debt and...

  5. UK tax increase offers platform to governments to consider COVID-19 debts

    move highlights the need for leaders to start thinking about the ways they will repay the economic costs shouldered over the last couple of years, as economies move to live with COVID-19. “The Morrison government is not immune from this, Australia has...

  6. Assistant Minister to the Prime Minister for Mental Health and Suicide Prevention shares insights in Momentum Media exclusive

    but needs business leaders to play an active role too. In addition to doubling its spend on mental health resources over the last decade, the government has recently committed over $5 million to supporting mental health first aid courses – something...

    • Type: Article
    • Author: Reporter
    • Category: Business
  7. Unpaid overtime surges amid the pandemic

    their state.” The new data emerges off the back of the introduction of new Fair Work Annualised Wages legislation in March last year, which offers guidelines to employers to help capture hours of work, and encourage them to electronically record a...

  8. Labour hire operators face jail for $4.6m illegal phoenixing scheme

    found to have charged clients tax before withholding it from the ATO. An investigation headed by the ATO’s Phoenix Taskforce last week saw Seng Leng Heng, the ringleader of an illegal phoenixing scheme sentenced to eight years’ jail, along with Nathan...

  9. ATO lets ineligible businesses off the hook for $180m in JobKeeper payments

    the publication of the list of JobKeeper recipients with turnovers of more than $10 million. The House of Representatives last month batted away key transparency amendments to the Treasury Laws Amendment (COVID-19 Economic Response No. 2) Bill 2021,...

  10. Cloud-based Automated Financial/Management Reporting

    automates away those wasted unproductive hours. Significant growth in virtual operational capabilities required in the last year and a half will only increase, and working from anywhere, anytime on any device is a must. Company Consolidations have never...

  11. Sydney accountant sentenced over BAS fraud

    charged with five other counts of dishonestly obtaining a financial advantage by deception. The matter was due to be heard last Friday but has now been adjourned to 22 October. The Tax Office said it would not hesitate to prosecute errant advisers, and...

  12. Crypto and SMSFs – what does it all mean?

    of the cryptocurrency is not in AUD$ it will require conversion, as at the end of the financial year, determined by the last traded price prior to the end of that financial year. 10. ATO monitoring of cryptocurrency While some consider that...

    • Type: Article
    • Author: SuperConcepts
    • Category: Super
  13. Big challenges for microbusinesses during COVID-19

    close link between people's financial wellbeing and their mental health. “I actually did my mental health first aid training last year – twice!” she says. “We have more freedom in South Australia than in some other parts of Australia at the moment but I...

  14. Beauty business denied cash-flow boost

    fee of $25,000 to Ms Knight, including a net payment of $13,602 and $11,398 in PAYG withholding. The entry was raised in the last week of March 2020, after the cash-flow boost measure was enacted by the federal government on 24 March. The ATO contended...

  15. NSW pushes ahead with JobSaver retest amid compliance talks

    compliance burden for businesses and advisers alike. The development comes after the NSW government abruptly announced plans last Friday to require businesses to reaffirm their decline in turnover every fortnight to remain eligible for JobSaver payments...

  16. Rogue agent sees over 2,000 taxpayers impacted

    Stroe, also known as Jessa Layola, who was illegally preparing tax returns. Ms Van Stroe was ordered by the Federal Court last month to stop preparing and lodging income tax returns, after a TPB investigation leveraging taxpayer data found that she had...

  17. New casual employment laws to kick in with $66k penalties

    employment as long as they have been employed for at least 12 months, have worked a regular pattern of hours over the last six months, and can continue to work these hours in a full-time or part-time capacity. Penalties in place The FWO notes that...

  18. ATO announces STP Phase 2 blanket deferral

    to keep businesses afloat,” said Mr Greco. “Practitioners have not experienced business as usual conditions since March last year. “The ATO has acknowledged the workload predicament facing practitioners. The profession will take any concessions...

  19. CPA Australia appoints 3 new directors

    with experience in the valuation of businesses, shares and intangible assets. Merran Kelsall, who was appointed as president last October, has also been re-elected as president and chair of the board, alongside deputy presidents Professor Pinto and...

  20. Service NSW confirms first JobSaver retest fortnight

    to allay the widespread confusion of businesses, NFPs and accountants over the past couple of weeks, particularly the last few days,” Ms Jacobson told Accountants Daily. “Importantly, if a business or NFP has reconfirmed their eligibility for the...