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

  1. ATO graduate program for 2025 closing soon

    and integrity. Our graduate program is available to graduates who have completed their university degree within the last 5 years or are in their final year of study. “Our program brings in some really talented people and I’m excited to meet the 2025...

  2. Businesses must ‘embrace internal auditors as strategic partners’

    the affairs of a company have become more stringent,” Kukreja said. Joe Longo, the corporate regulator’s chair, said last month there was an expectation for directors to stay on top of their responsibilities and regulatory developments in ESG and...

  3. ATO issues response on NALI decision by AAT

    [2023] AATA 2330, will not have any implications for its advice and guidance. The ATO issued a decision impact statement last week on the decision which determined whether income derived by an SMSF was non-arm’s length income. The case involved the...

  4. Personal insolvencies for business owners spike amid rising pressures

    in February, business-related insolvencies were up 17 per cent from January. They are also up by a third from the same month last year, according to the AFSA statistics. Rising land taxes and higher interest rates are forcing many Australian landlords...

  5. Draft legislation released to name and shame late payers

    legislation enacts all recommendations made by Dr Craig Emerson in his review of the Payment Times Reporting Act, which last year called for an urgent overhaul of the “impenetrable” and “poorly functioning” regime. Small Business Minister Julie Collins...

  6. MYOB taps Sportsbet IT boss to ‘accelerate product development’

    Noonan’s appointment follows ex-Virgin and The Iconic executive Dean Chadwick joining as chief marketing officer in March last year.

  7. ATO explores ‘digitised guidance’ to combat Division 7A issues

    possibility of a BAS-free future or push-BAS future, an initiative flagged by former commissioner of taxation Chris Jordan last year. “We are using this challenge of ‘digital first’ to imagine what our future state could look like. Two possibilities we...

  8. ATO updates client-agent linking system to prevent ‘inadvertent errors’

    client agent linking (CAL) process,” said Franks. Franks said while the announced changes by the ATO will improve one of the last steps, the ability of a tax agent to link to a client, it does not address the main issues that tax agents face. “These...

  9. Weaponising trust: When cyber criminals abuse cloud applications

    is not being spared cyber incidents and major data breaches. At least two incidents that occurred in Australia in the last 18 months should be on every financial professional’s mind, and are perfect examples that tight regulations do not shield...

    • Type: Article
    • Author: Tony Burnside, Netskope
    • Category: Technology
  10. ATO compliance hotspots for tax time 2024

    Expect them to focus in particular on: Deductions for working from home expenses. The way these could be claimed changed last year, with the introduction of a new 67 cents per hour fixed rate and enhanced substantiation requirements. We expect the ATO...

  11. Insolvency has a gender problem, says Jirsch’s first female trustee

    Bankruptcy Act mandates trustee applicants show at least 4,000 hours of employment at a senior level in insolvency in the last five years – a requirement that Mos fell short of by “a few hundred hours”. While AFSA’s registration committee has the...

  12. Accountants cautioned on ‘unexpected tax consequences’ with Division 7A loans

    on the rules for minimum yearly repayments on complying loans as part of its increased educational focus in this area. Last month, the ATO outlined some of the common mistakes it sees with Division 7A. This included issues such as incorrect accounting...

  13. ‘Take advantage of deductions’ ahead of tax cuts, tax expert advises

    income is taxed at a lower rate in the next financial year, he explained. Another area to be aware of is that this is the last year people can take advantage of the carry-forward rules on unused super contribution concessions from the 2018-19 financial...

  14. Higher-than-expected inflation figures to delay rate cuts, say economists

    2024 quarter. While prices continued to rise for most goods and services, annual CPI inflation was down from 4.1 per cent last quarter and has fallen from the peak of 7.8 per cent in December 2022,” said Marquardt. AMP deputy chief economist Diana...

  15. Family preferred to accountants for money advice, survey finds

    of 1,991 respondents aged between 18 and 65 in a nationally representative sample, conducted between November and December last year. Respondents were asked questions about financial literacy and attitudes towards money management and home ownership....

  16. TPB releases draft guidance on breach reporting obligations

    or the opinion of others without being substantiated will not be based on 'reasonable grounds’.” Since they were announced last year, CPA Australia said there has been considerable confusion and uncertainty around how the obligations will work in...

  17. TPB to implement safeguards against ‘vexatious breach reports’

    practitioners for significant breaches and the potential for vexatious reports to be made since the reforms were legislated last year. From 1 July 2024, registered tax practitioners will need to comply with additional breach reporting obligations under...

  18. Accountant shortage, knowledge gap a ‘grave concern’ for leaders

    who wish to collaborate with the business.” Overcoming skills shortages has been front of mind for many leaders over the last couple of years. Similarly, the finance knowledge gap is quickly becoming a significant issue, prompting intervention from...

  19. ATO to be given ‘notice to produce’ powers under proposed changes

    investigations for tax-related criminal offences in a recent consultation. The government released a consultation paper late last week examining the ATO and Tax Practitioners Board's (TPB) information-gathering powers and whether improvements need to be...

  20. Big 4 partnership caps under consideration by Treasury

    the quality of audit services provided by the big four have raised the temperature on the competition challenge. In its last audit quality report published in October 2022, ASIC said half of Deloitte’s reviewed audits were deficient, meaning its...