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

  1. Lock the door to cyber threats, embrace client linking: Jordan

    online, has been widely criticised by the profession as too complex. The ATO began rolling out the system to big business last June with a phased adoption this year. Mr Jordan stressed that the ATO’s rollout of digital services was a critical juncture...

  2. How Victoria sows uncertainty with land Windfall Gains Tax

    With certain modifications available in limited circumstances (such as transfers for no consideration), the deferral will last until the occurrence of the earlier of: (a) A dutiable transaction (the most common being a transfer of the land) (b) A...

  3. Finance firms ‘should put out welcome mat for female interns’

    offer internships to those with prior work experience in finance. “I recently had a female candidate who said she was in the last round for an internship but didn’t get it because she didn’t have any prior work experience in finance,” Ms Love told...

  4. Side hustles run from home can trigger CGT, tax lawyer warns

    carrying on a business or regularly used for visits by clients and customers”, he told the Tax Institute Summit in Melbourne last week. A home office would fail to meet this criterion, he said, if was a matter of convenience to carry out work from home...

  5. Accounting software subs eligible for 20% bonus deduction

    and assets” incurred in digitising. The scheme, announced in the final budget of the previous federal government in March last year, finally became law in June just before the deadline for expenditure on 30 June. It allows small businesses – those with...

  6. Division 7A loans a looming crisis, accountants warned

    Munro. Speaking in a ChangeGPS webinar this week, Mr Munro said with the Div7A interest rate increasing from 4.77 per cent last financial year up to 8.27 per cent from 1 July 2023, this has a significant impact on some clients. “For many years we’ve had...

  7. Tassie firm aspires to become the ‘Xero of carbon accounting’

    partner and co-founder Lindsay Ellis, hired a software developer and built a carbon accounting tool for accountants. By last December, Ms Richmond and Mr Ellis had sold their firm and founded Sumday, securing $2 million in pre-seed round funding from...

  8. ATO interest charges soar to highest level since GFC

    quarter rises to 11.15 per cent while the SIC annual rate goes up to 7.15 per cent. The second quarter of 2012 was the last time that either rate was higher. The ATO said GIC was applied to late payment of most taxes including income tax, FBT, GST and...

  9. Qld retreats from payroll tax on medical centre GPs

    too.” The RACGP has advocated strongly against payroll tax on GPs in the wake of a court ruling in Thomas and Naaz last year which classified GPs at certain medical practices as employees for payroll tax purposes. The ruling had national implications...

  10. $20k instant asset write-off to get 1-year extension

    traced back to a $1,000 deduction introduced by the Gillard government in 2012 and it has undergone a raft of changes in the last decade in response to changing economic conditions. As part of the COVID-19 measures, the government scaled up the...

  11. Vincents targets advice specialty at Qld start-ups

    who pitched the idea to executive chairman Jonathan Dooley (left) while working as a undergraduate accountant at the firm last year. “I find the relationship-orientated nature of the start-up space really clicks with me and is something that I’m...

  12. Directors on the hook for cyber security, ASIC warns

    including within supply chains. Speaking at the Australian Financial Review Cyber Summit yesterday, Mr Longo said last year’s attacks against Optus and Medibank were a wake-up call but surveys showed most businesses lacked confidence in their...

  13. Why adviser misconduct crackdown must focus on miscreant minority

    being a promoter of a tax exploitation scheme. The entity’s involvement in a scheme is more than four years after the entity last engaged in conduct that resulted in the entity being a promoter, unless there is tax evasion. Additionally, and...

  14. Revised NALE rules ‘miss chance to clarify SMSF bugbear’

    its Treasury Laws Amendment (Support for Small Business and Charities and Other Measures) Bill 2023 introduced to Parliament last week. “It is disappointing that the bill does not include any changes that would rectify the tension in the law that these...

  15. Price of services will push up August CPI figure, NAB predicts

    in the cost of goods prices, says major bank. Inflation is likely to edge higher when services prices are updated for last month, NAB Group Economics says. It said the 4.9 per cent CPI figure for the year to July – a fall from 5.4 per cent in the...

  16. Price of services will push up August CPI figure, NAB predicts

    in the cost of goods prices, says major bank. Inflation is likely to edge higher when services prices are updated for last month, NAB Group Economics says. It said the 4.9 per cent CPI figure for the year to July – a fall from 5.4 per cent in the...

  17. ASIC sues crypto exchange after customers lose $13m

    the assets they had as collateral. Although ASIC raised concerns with Bit Trade about failing to comply with the DDO in June last year, the product is still being offered to Australian customers without a TMD. The regulator now sought declarations,...

  18. Victorian ‘Airbnb tax’ misjudges landlords, experts say

    Statement came as the latest ASIC figures show construction insolvencies up 41 per cent this financial year compared to last.

  19. ATO linking system takes giant stride into business

    trusts, partnerships, not-for-profits and superannuation funds. The six-step procedure, as outlined by the ATO late last year, prompted a storm of protest on social media and angry comments from Accountants Daily readers who described it as a “joke” and...

  20. TPB, ATO quizzed on whether PwC ‘too big to fail’

    imposition of an appropriate penalty because the market couldn’t cope. That’s a big problem for regulation.” An ASIC report last week confirmed that auditor numbers have fallen by one-third over the past decade, to just 3,268 at the start of September,...