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

  1. Voluntary tax believer fined $15k for bogus trust deductions

    due to her personal circumstances and the fact the ATO never paid out the refund. But the AAT dismissed these arguments last week, with deputy president Ian Hanger finding that “no reasonable person” could believe they were complying with tax laws while...

  2. Young accountants at risk of ‘burnout’, warns Springfox

    also expressed concerns about attracting and retaining younger professionals in accounting roles, having released a campaign last month to attract more people to the industry. Sigley said protecting junior accountants from burnout is crucial for their...

  3. ATO issues further advice to NFPs on self-review return

    for lodging the self-review return through ATO's phone service and other details about its compliance approach. In an update last week, the ATO said while not-for-profits (NFPs) are now starting to lodge their self-review returns and update the details...

  4. Australian economy needs SMEs to succeed, says COSBOA

    about the economy in the next 12 months. Fifty-three per cent said their optimism levels have remained stagnant over the last 12 months and only 22 per cent said they are more optimistic. Small business owners have outlined government policy would make...

  5. Coalition sets date for TASA showdown

    Treasurer the power to unilaterally modify the code was welcomed by Senator Barbara Pocock in a media release at the end of last year. More recently, however, lower house MP Max Chandler-Mather wrote to Jones backing up practitioner’s concerns over the...

  6. Unregistered tax preparer fined $1.8m for record TASA breaches

    years, the largest number of violations ever prosecuted by the Tax Practitioners Board in the Federal Court. In a judgment last week, Justice Wendy Abraham also permanently banned Jayden Van Dyke from providing tax agent services without proper...

  7. Lawyer to stand trial for alleged money laundering scheme

    Papandrea have spent the years since fighting to have their money laundering charges tossed out. They lost that fight late last week when the ACT Magistrates Court found there was enough evidence to commit the case to trial. Magistrate Sean Richter was...

  8. Is it time to talk about quotas in financial services?

    cent, the second-largest gap among all the industries included in the report. According to government projections released last year, it will take another 26 years to close Australia’s national gender pay. The issue of quotas is complex and requires the...

  9. New CBA collaboration will enable 60-second cross-border payments

    enabled by harnessing Australia’s New Payments Platform (NPP) and the International Payments Service (IPS). This allows the last mile of BNY’s cross-border payments to Australia to be processed by CBA via the NPP. This process offers cost transparency,...

  10. Profession’s pyrrhic victory

    and felt the thrill of victory when the Assistant Treasurer, Stephen Jones MP, wrote to the accounting bodies at the end of last month and announced that the implementation of the Legislative Instrument, Tax Agent Services (Code of Professional Conduct)...

  11. Court decision offers clarity on varying trust deeds to remove an appointor

    of all persons nominated as Appointors pursuant to the terms of this Deed, by the legal personal representatives of the last to die. Where a corporation is the Appointor, the corporation may exercise or concur in exercising any of the powers or...

  12. APESB defers decision on CA ANZ request for new reporting

    by other members to the relevant professional body. CA ANZ made the request for the new reporting requirement in July last year following the completion of its Professional Conduct Framework Review. The accounting body said the APESB should consider the...

  13. Ex-PwC top lawyer proposes big 4 watchdog, defends partnership model

    of that meant that the privilege claims that had been made... were not valid,” she said. In her submission to Parliament last week, Beattie detailed several “cultural and behavioural problems which existed within sections of the firm’s international...

  14. Accountant sentenced to 7 years’ prison for theft charges

    Sportsbet gambling addiction. Former accounting manager Jason Richard Poser was sentenced in the District Court in Adelaide last week after pleading guilty to 34 counts of aggravated theft. Poser formerly held a senior role at SMSF specialist firm...

  15. ‘Disturbing’: Tax lawyers push back on proposal to register with TPB

    and regrettable” proposal that they register with the Tax Practitioners Board to provide tax advice. The consultation paper Last month, the Albanese government released a consultation paper reviewing the Tax Practitioners Board (TPB) registration...

  16. BDO doubles Melbourne office to accommodate expanding team

    CBD and is centrally located with public transport links, including Parliament Station and tram stops. BDO also announced last month that it will be expanding its operations in Canberra after recording record growth in annual revenue. The firm aims to...

  17. $3m bill set for debate next Thursday

    “The bill is due for debate on Thursday, but that doesn’t necessarily mean it will be as we have seen, as there can be last-minute changes to the schedule,” Burgess said. He said he has arranged to meet with independent MP Allegra Spender and is...

  18. Mental health of SME owners in rapid decline, research reveals

    the mental wellbeing of SME owners that highlighted the stress the majority have experienced in the current economy. In the last 12 months, 52 per cent of business owners and senior managers have reported that their mental health has been impacted by...

  19. ATO SMSF auditor referrals see slight uptick for FY23–24

    undertaken on auditors who had been in reciprocal audit arrangements and auditors who hadn’t undertaken any audits in the last five years. Auditors who were at risk of not holding appropriate professional indemnity insurance or failed to complete the...

  20. ATO calls out tax advisers still making ‘basic’ errors

    enforcement action. The ATO’s private wealth adviser program is part of the Tax Avoidance Taskforce and was established last year to ensure advisory firms and individual advisers were meeting their own tax obligations. The program sees the ATO use a...