Assuming last is required, the following 4044 results were found.

  1. Defaults on tax debts a major driver for business insolvencies, data reveals

    analysis of ATO tax debt defaults has revealed that 33.6 per cent of private businesses have collapsed over the last year after failing to address significant tax debts. The research found that 1,715 out of 5,097 businesses with outstanding tax debts...

  2. Why WEF is wrong about accounting jobs

    to new technologies more than accounting, writes Chris Freeland AM, CEO of CPA Australia. That’s why I was surprised to read last week’s Accountants Daily story on the World Economic Forum’s (WEF) Future of Jobs 2025 report which predicts that...

    • Type: Article
    • Author: Chris Freeland, CPA Australia
    • Category: Technology
  3. Tackling the new landscape of climate reporting

    an easy-to-use platform to bridge that gap. Today, this isn’t just about doing good; it’s becoming a legal requirement. The last few years have brought rapid legislative change, and we’re here to help businesses prepare. Accountants, as trusted...

  4. Tax debt ‘unacceptably high’ among small private groups: ATO

    these rules, the better the system will be.” She said after the ATO’s Division 7A campaign achieved “great engagement” last year, it would be launching a similar webinar series focused on family trust distributions tax in 2025. Clarke said the ATO was...

  5. ATO ramps up landlord crackdown using rental bond data

    from state and territory regulators to expand its data-matching program, according to a government gazette notice last week. The ATO said the data would be collected twice a year between 2023–24 and 2025–26 and be used to identify non-compliant...

  6. NSW business confidence remains subdued despite uptick

    Business Commissioner has revealed small business confidence across the state has seen a slight uptick since the end of last year. At the end of 2024, SME confidence shifted upwards by 4 percentage points to 28 per cent between November and December....

  7. Loan industry flatlines amid sluggish economic activity

    Australian Tax Office’s pursuit of outstanding debts has become an increasingly common reason for declined loans. In the last quarter, Banjo saw a doubling of applications being knocked back due to ATO debt.” Serviceability and the inability to meet the...

  8. Small firm accountants face major barriers to auditor registration

    or support from ASIC. Davis said this was compounded by the ambiguity in the interpretation of requirements. “Over the last two years I have been given bad advice from ASIC, and many of my questions have been ignored by ASIC,” he said. Despite providing...

  9. CPA calls for alternative strategies for reducing ATO tax debt

    of small businesses to unsustainable levels, potentially threatening the viability of many small businesses.” In September last year, another submission containing amendments to the exposure draft was made by CPA, which Wong said was ignored. “It’s very...

  10. Transfer balance cap for super to jump to $2m

    (AWOTE) figure is released next month. “For us to get indexation of the caps we need to get a factor of 1993.5 and the last factor release was 1923.40, so you could pretty much guarantee that we’re not seeing a contribution at indexation even though...

  11. Stephen Jones announces retirement ahead of election call

    dedication it deserves, I thank you wholeheartedly. “And to all the staff that have worked with and supported me over the last 15 years, there is a long list of accomplishments we have achieved both for the electorate of Whitlam and in my role as...

  12. ASFA defends super scam reputation against ASIC

    the security of the superannuation system and scam protection methods following commentary from ASIC claiming it was weak. Last week, an open letter signed by commissioner Simone Constant stated superannuation trustees’ anti-scam practices were...

  13. BCA calls for fiscal tax, spending caps to rein inflation in

    a significant role in managing household costs," RSM Australia economist Devika Shivadekar said regarding CPI data released last week. BCA also took aim at regulation, recommending that the government “appoint a Minister for Deregulation with clear...

  14. $3m super tax bill taken off debate schedule again

    safeguards to ensure both small businesses and consumers can benefit from lower costs,” Prime Minister Anthony Albanese said last year. “We are prepared to ban debit card surcharging from 1 January 2026, subject to the consultation undertaken by the...

  15. Concerns raised with ATO’s approach to section 109U

    a private company guarantee is provided in respect of a back-to-back loan arrangement (originating from a bank) with the last leg being a Division 7A complying loan to a shareholder/associate."

  16. The power of leveraging AI as a young accountant

    an easy-to-use platform to bridge that gap. Today, this isn’t just about doing good; it’s becoming a legal requirement. The last few years have brought rapid legislative change, and we’re here to help businesses prepare. Accountants, as trusted...

  17. Vincents appoints 8 additional equity directors

    according to Vincents. Vincents executive chair Jonathan Dooley said he was pleased to share the announcement internally last month following the firm’s performance in 2024, with revenue growth of 12.7 per cent in FY2023–24. “As Vincents enters its next...

  18. Crossbenchers push for $50k instant asset write-off threshold

    instant asset write-off measure, after removing the measure from the Responsible Buy Now Pay Later and Other Measures bill last year. The additional schedule implements a $20,000 threshold for the instant asset write-off off for the 2024-25 income year...

  19. Wexted opens Melbourne office, appoints new partner

    office. Wexted has announced the opening of a new office in Melbourne, following the launch of its Brisbane office just last month. Chris Sequeira has been appointed as partner and will lead the Wexted’s presence in the Victorian market. Sequeira has...

  20. RBA announces first interest rate decision for the year

    noted that underlying inflation has been falling faster than the RBA expected and has been running around target over the last six months. “Economic activity is [also] a bit weaker than expected and Trump’s trade war poses more risks to Australian...