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

  1. Accountants ‘in firing line over end to LMITO’

    feel the sting of losing it. The low and middle income tax offset – LMITO, or “Lamington” as it is known – was increased in last week’s budget by $420 for the current income year. The move means some eligible individuals will benefit by $1,500 in their...

  2. Unpacking the federal budget

    an increase in the offset of $420. Against some expectations, the LMITO was not extended into 2022–23, so 2021–22 is the last year this offset is available. This measure will provide some additional support from 1 July 2022 following lodgment of 2022...

  3. Insolvency ‘tsunami’ will wipe out 10,000-plus companies

    SBR process offered a return of 5¢ to 10¢ on the dollar and worked for both sides. But he warned the opportunity would not last forever. “There was nothing written into the SBR process that sets a settlement rate with the office, and the ATO will...

  4. Budget measures ‘top priority’: Minister

    passed within two weeks. The minister for small and family business, Stuart Robert, speaking on a CPA Australia podcast late last week, said the skills incentive would especially help accountants train recruits and encourage businesses to seek...

  5. Deloitte completes acquisition of Entrago

    really looking forward to their joining our team,” she said. “The move also builds on the momentum we have achieved over the last 12 months in the technology alliance consulting and service delivery space, and team hires that have bolstered our market...

  6. ASIC suspends Dixon Advisory AFS licence

    proceedings, claims being determined by the Australian Financial Complaints Authority and regulatory penalties. In November last year, law firm Piper Alderman filed a class action against Dixon Advisory over allegations the company provided conflicting...

  7. ATO position ‘has litigation written all over it’

    a series of binding nominations in 2018, 19, 20 21, when they concluded it was a member benefit,” Mr Burgess said. “But then last year they issued another one where they concluded it was a death benefit… and they have confirmed to us that they do have...

  8. E-invoicing will reduce emissions, says PwC

    could include targeted tax concessions – such as refundable tax offsets/rebate incentives (similar to those announced in the last budget for the gaming sector) and/or allocation of grant funding from the $1.2 billion digital economy budget to target...

  9. ‘Stupid’ advice regime has huge mental health cost

    to support its members and she had seen the mental health costs up close. “I was fortunate enough to do 31 of our roadshows last year and I experienced outstanding advisers sobbing on my shoulder at just about every one of them,” Ms Broome said. “It...

  10. Accountants call for role on Labor’s charity steering panel

    the profession said, to “future-proof” the sector and empower it to respond rapidly to crises. The Labor plan, announced last week, calls for the establishment of an expert panel “to chart out a more productive future for charities” under an Albanese...

  11. Budget boosts Coalition’s support among accountants

    many accountants already have election fatigue. Asked which best describes how you feel about the federal election campaign last week, just 5 per cent said they are “lovin’ every minute” and “vaguely interested" garnered fewer than one in four. More...

  12. More than 2000 financial advisers ‘to quit this year’

    Wealth Data report, which estimated the number of advisers will fall to 13,000 by the end of 2023 from 19,000 at the end of last year. More than 234 financial advice licences (AFSL), each of which covers multiple advisers, were discontinued in 2021 –...

  13. The HR problems accountants cannot ignore

    clients and focusing on those who are easier, allowing them increased satisfaction in their work. The biggest upside of the last few years has been the focus on mental health and the importance of seeking help. Thankfully, in light of this, the stigma...

  14. Labor’s climate policy could win votes from business, says IPA

    showed just how far business leaders and international policymakers’ thinking on climate change had evolved since the last election. “In 2019, Labor’s targets were so far out of whack with the rest of the world,” she said. “Now, with the United States...

  15. Bookkeepers, accountants to remain ‘essential’ despite AI

    go, ‘Please don’t get me on that list!’” said Mr Addison. “There’s a project now – that has been tabled and funded in the last budget – of integrating the quarterly business survey with our natural accounting system, with our software. “So from within...

  16. 100A draft sows seeds of uncertainty: CPA Australia

    uncertainty within the small business market.” Submissions on the ATO draft ruling on section 100A and division 7A closed last Friday (29 April) after an extension to the original deadline.

  17. RBA lifts rates 0.25 per cent

    “Borrowers should start shopping around for the best deal," he said. "If their financial position has improved since they last spoke to their bank, they should approach them again. They may be eligible for a lower interest rate which will offset some of...

  18. AP Automation May Have Prevented A Loss Of $128M For Australian Businesses

    has stated that “Average losses so far in 2021 are more than five times higher compared to average losses in the same period last year”. It is evident that cybercriminals are continuously adapting and finding new ways to hijack details of hardworking...

  19. QuickFee raising to fund US growth

    partnership into the future.” ASX-listed QuickFee shares started the year at $0.17 but have fallen more than 40 per cent and last traded at the placement price of $0.10. The company, which began in 2009, expanded into the US in 2016 and targets...

  20. Supply chain problems, skills shortages stifle SME rebound

    33 per cent of SMEs [are] expecting a stronger Australian economy over the next three months, compared to only 20 per cent last month,” he said. “However, growth aspirations are being impacted as more than 58 per cent of SMEs report supply chain issues...