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

  1. Payment Times bill introduced into Parliament

    yesterday and overhauls the existing Payment Times Reporting Act 2020. It follows a review undertaken by Dr Craig Emerson last year into the effectiveness of the current Act and made several recommendations to improve the operation of the scheme....

  2. Personal insolvencies rise again in March quarter

    recorded a total of 2,981 personal insolvencies in the March 2024 quarter, an increase of 19.5 per cent from the same period last year. National data shows personal insolvencies rose in all states and territories compared to the March quarter 2023,...

  3. Downsizer contributions can be time critical

    is still valid in that context. The other thing that is worth noting, and we've only really seen this highlighted in the last couple of years, is that the contribution itself does not have to come from the proceeds of the sale.” Dunn said this means...

  4. IPA calls for 6-month delay to dob-in obligations

    registered tax agents and BAS agents in understanding their new obligations. Consultation for the draft guidance closed last week. Greco said that the joint bodies have collectively responded to this draft, and are now awaiting a finalised version of...

  5. Over half of accounting firms to raise fees for services: Ignition

    and tax planning, you need to charge appropriately. “For BAS, it appears the overall pricing hasn't moved a lot in the last decade. I would have expected a greater percentage of firms charging more than $250.” Ignition’s APAC managing director, Dave...

  6. Instant asset write-off measure for 2024–25 introduced into Parliament

    political parties in disagreement over what the measure should be set at and what businesses should be able to use it. Last month the the Assistant Treasurer moved that the House insist on disagreeing with amendments insisted on by the Senate. The House...

  7. Getting your house in order this year end

    affairs, and those of their clients, in order before year end. As we enter the final weeks of 2023–24, this is the last opportunity to ensure your tax and superannuation affairs, and those of your clients, are in order for this income year. What we know...

  8. Bendel appeal could affect Section 100A approach, says ATO

    year, the ATO will continue to apply the rules of the law based on the ATO’s view established in TD 2022/11. In September last year, the Administrative Appeals Tribunal (AAT) in Bendel v FCT [2023] AATA 3074 determined that an unpaid present entitlement...

  9. Retail business failure rate highlights ongoing challenges for sector

    sub-industries feeling the strain, but according to the report, those with the highest proportion of business failure in the last 12 months were: Fuel retailing (5.4 per cent) Food retailing (5.4 per cent) Other store-based retailing (4.96 per cent)...

  10. FAAA pushes for higher education standards on new class of advisers

    of advisers to eventually make their way into providing professional financial advice. “We only put on 370 new advisers last year and we’re not going to get our numbers back to where they need to be unless something dramatic changes. But for these...

  11. City Beach founders win tax battle with ATO over $52m restructure

    in income tax over what it deemed “capital benefits” from restructuring to extinguish Division 7A loans. In a judgment last week, Justice John Logan ruled that the restructuring was not to avoid the inclusion of the $52 million dividend in their...

  12. Hotelier’s $11m tax fight fails as court confirms ‘all or nothing’ stance

    tax bill after the Federal Court confirmed the “all or nothing” approach to challenging ATO assessments. The Federal Court last week rejected arguments by taxpayer Peter Wang that the AAT was wrong to require him to prove that the full amount of the...

  13. Mid-market M&A whiz joins Forvis Mazars as partner

    Australian team and we look forward to introducing him to our clients and our networks, both locally and internationally.” Last week, Forvis Mazars also announced a string of leadership roles as part of its new model: Hervé Hélias will serve as the...

  14. William Buck to open doors in Canberra, eyeing government clients

    services including audit and tax advice.” Parliamentary inquiries and media scrutiny triggered by the PwC tax leaks scandal last year have permanently tarnished the reputation of the big four, according to a recent survey by research firm Beaton...

  15. A looming crisis: the role of accountants in supporting Australia’s aging population

    impact: Retirement planning: Many Baby Boomers are unsure how to effectively manage their retirement savings to ensure they last throughout their retirement years. Accountants can offer personalised retirement planning services, helping clients to...

    • Type: Article
    • Author: Michael Jeffries, LightYear Group
    • Category: Business
  16. Freight company wins small business CGT concession dispute

    prepared by PKF as an expert witness over the ATO’s $7 million valuation prepared by KordaMentha in a judgment handed down last week. Molloy said PKF took a more realistic approach to the cyclical nature of the agriculture sector and its impacts on Mt...

  17. Fear of failure, skills gap stifle aspiring business owners

    starting a business, VistaPrint said. Its research, which surveyed a nationally representative sample of 1,010 Australians last month, found only 4 per cent of workers had a clause in their employment contract preventing them from starting a side...

  18. Finalists unveiled for Australian Accounting Awards 2024

    and rising stars. The highest-scoring individual award winner will receive the coveted Accountants Daily Excellence Award. Last year, this award was given to Easy Super director Natalia Clack, after she was named Superannuation Specialist Accountant of...

  19. Annual tax agent registration fees introduced to boost oversight

    will be required to pay $273 every year after the government updated the fee schedule and abolished the triennial system last week to ensure greater visibility over practitioners. The updated schedule would apply from 1 July to new and renewal...

  20. Hassle-free migration from Sage Business Cloud Accounting clients to Intuit QuickBooks

    is the norm We are consistently developing the Australian offering, including two new product releases in just the last year. The QuickBooks platform now includes tax and practice management functionality and we're continually preparing our products to...

    • Type: Article
    • Author: Intuit QuickBooks
    • Category: Technology