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

  1. Why more Millennials are turning to SMSFs

    more cost-effective. And the SMSF Association really validated a lot of that and debunked ASIC’s fact sheet that they had last year by releasing research to show that costs are coming down, which, therefore, means the framework for entry points and...

  2. Auditors urged to remain vigilant on businesses ‘cooking the books’

    over the next few years – my guess is that future data will show us that many zombie companies have been lurking for the last two years,” Mr Withane said. “We think that accountants are likely to see more clients in need of restructuring and turnaround...

  3. Addressing the discrepancy: Why supporting women in accounting is paramount for the profession

    firm. “I would like to see more accounting firms embracing this approach. “There has been a significant improvement over the last decade. But more flexibility is required.” To address gender equality in the accounting industry, Intuit QuickBooks has...

  4. ATO reiterates tax system incentives

    the 100 businesses that have approached the ATO, with around $270 million already repaid. “Similarly, and as I mentioned last year in relation to the newer stimulus measures, please access them and use the proceeds to invest in your business. But also...

  5. ‘We cannot rest on our laurels’: Senator Jane Hume

    said they were shaping the industry and “holding out the torch for other women who will in turn pave their own way forward”. Last year, the federal government released an updated iteration of the 2018 Women’s Economic Security Statement as part of the...

  6. 'Identity crisis' to impact Australian accountants

    firm consolidator. Speaking to Accountants Daily, Fleming Stojanovski, Chief Executive Officer at CAAA, said over the last 12 months his firm has witnessed much change impacting the profession, largely brought on by the COVID-19 pandemic creating a new...

  7. Payroll tax: The hidden risk of interstate employees

    tax in their home state but have one or two interstate employees. The risk of this occurring has been exacerbated in the last two years with the COVID-driven explosion in remote working, with the realisation that many employees can work from anywhere,...

  8. ATO provides further clarity on DIN process

    with respect to the director identification number process and outlined some of the ATO’s longer-term plans. In June last year, the government passed laws introducing the requirement for all directors of a company in Australia to have a director...

  9. Accountants flagged on rising insolvency figures

    in FY21 were 7.2 per cent below the historical average, with court liquidation appointments plunging 72 per cent. Last financial year, 3,709 fewer companies went into external administration than on average, while in January 2021, companies entering...

  10. Rise of ‘accountsellors’ to continue in 2022

    clients, a lot of time can be consumed providing support. Try and find a way to balance this as time is billable and the last thing we need to be doing is absorbing costs or passing on more costs to the client.” 5. Seek out someone who can help “When...

  11. Advice regulation predicted to see ‘significant change’ this year

    of experienced advisers, so that advisers with 10 or more years of full-time experience as a financial adviser in the last 12 years only need to complete a tertiary level unit of the Code of Ethics in order to continue providing financial advice....

  12. YourSuper tool records 1m hits

    YourSuper comparison tool has recorded over 1 million hits. The YourSuper comparison tool, which was released in July last year, was introduced to empower superannuation members as part of the Your Future, Your Super reforms. The tool’s aim is to...

  13. Latest Covid wave ‘creating chaos’ for audits

    having a substantial impact on SMSF audits and the profession generally. “Instead of just dealing with a lockdown as we did last year we now have many firms with infected staff, clients unable to respond to queries as they can’t obtain info for whatever...

  14. McDonald’s fined over ATO document compliance failure 

    we need to undertake reviews and audits,” Mr Day said. “We only issue formal notices to taxpayers to obtain information as a last resort; where a cooperative approach is no longer productive or where a taxpayers’ circumstances, history or behaviour...

  15. Draft legislation increases small-business rights to contest ATO debt recovery action

    An ASBFEO spokesperson told ifa that the legislation reflects its recommendations to government released in a report last year that called for the ATO to be prohibited from charging penalties and interest while there is a dispute about a debt. In the...

  16. Tax Institute pushes for July 2023 start for new TBAR system

    not commence until 1 July 2023, given the difficult period faced by tax professionals in the past two years. In November last year, the ATO released a consultation on moving to a single transfer balance cap events-based reporting framework for all...

  17. How to combat burnout in your practice

    recovery, and intermittent breaks for “micro recovery”. “There has been a lot of focus and research around resilience in the last year or two but this is now shifting away to micro recovery,” he explained. “It’s about hitting little points throughout...

  18. Payroll provider hit with breach notice over SA government hack

    provider Frontier Software has been hit with a breach notice from the South Australian government over a cyber attack last month that saw private and financial records of nearly 80,000 South Australian government employees accessed. Department of...

  19. Small-business gardener denied JobKeeper over taxable supply issues

    him is the financial year ended 30 June 2020. That is not a tax period that ended before 12 March 2020,” the AAT said. “The last annual tax period that ended before 12 March 2020 was the financial year ending 30 June 2019. However, the Applicant did not...

  20. Returns for super fund members exceeded $400bn in 2021

    the table with a return of 7.6 per cent p.a. over the past seven years. Following the introduction of super stapling late last year, which sees individuals stapled to their super fund when changing jobs, Mr Rappell said that Australians should take the...