Assuming last is required, the following 4010 results were found.

  1. Tradies, professional services providers under ATO’s microscope

    service providers can expect greater tax scrutiny after being called out in the ATO’s latest small business focus areas. Last Wednesday (1 October), the ATO released its latest small business focus areas, outlining common issues catching its attention...

  2. ATO not targeting honest Payday Super mistakes, draft PCG says

    laws stipulated that firms could still be deemed ‘low risk’ if occasional late payments are made due to processing errors. Last Thursday (9 October), the ATO published its draft practical compliance guide (PCG) for the government’s long-awaited Payday...

  3. Audit independence: ASIC’s findings a call to improve, not cause for alarm

    rigorous professional standards, and strong company reporting and governance frameworks, writes Chris Freeland AM. Last week, ASIC released a report summarising its review of auditor compliance with independence and conflict of interest obligations...

  4. ‘Common sense’: Government bows to super tax pressure

    we are continuing to deliver on our longstanding commitment to better target superannuation concessions that we took to the last election.” Chalmers said the announced changes would mean: The total concessional tax rate applied to earnings on balances...

  5. Incoming Payday Super legislation: What you need to know

    has passed its judgement on what it will mean for employers. When the Payday Super legislation was introduced to parliament last week (Thursday, 9 October), advocates and service providers welcomed the move, as it was intended to stop wage theft in the...

  6. ‘Overwhelmed, disappointed’: Tax Ombudsman slams ATO tax agent service

    tax agents in this review. Agents are reporting an increasingly poor experience with the ATO’s agent phone line over the last two years, citing inconsistent advice and a lack of suitably skilled staff. This is contributing to a general feeling of not...

  7. TPB continues compliance crackdown on PwC, broader industry

    over 1,100 whistleblower complaints having been received by the watchdog. The whistleblower arrangements were introduced last year on 1 July to individuals who ‘blew the whistle’ about related entities to the TPB to assist it in performing its functions...

  8. NTAA offers feedback on Tax Ombudsman’s ATO GIC remission review

    The association concluded that this submission to the Tax Ombudsman on the matter followed a submission made in October last year opposing the original draft exposure draft legislation. In addition, another submission was made in conjunction with other...

  9. How auditors can leverage the technological evolution to their advantage: ISACA

    what organisational structures should be in place in order to protect the organisation while utilising this technology. The last domain talks about audit techniques, and that's really exciting, because it actually talks about how auditors can use this...

  10. Whistleblower takes ATO to court for alleged duty of care breach

    or issue any warnings to Oakmoore following his public interest disclosure, despite being made aware of his treatment. Last week (17 October), the Federal Court of Australia dismissed the CoT’s application to end Safarimaznabi’s case early or strike out...

  11. Is behavioural finance impacting the advice you give clients?

    clients who are resistant to listening to or adopting the advice of their accountant. Speaking at the Access All Areas event last week in Melbourne, Goldi Group founder Amy Fox uncovered the psychology and influence involved with behavioural finance and...

  12. AI will not replace accountants: A recent Case Study

    Youngman, Managing Director and co-founder of Elf Works is of the view the role of the accountant is here to stay. “Over the last few months, we’ve spoken to dozens of business owners and sophisticated investors as we finalise our latest capital raise....

  13. No compliance, no extension: Accountant warns late lodgers as 31 Oct deadline looms

    is not automatic, particularly for taxpayers with outstanding prior-year returns. In short, signing up with an agent at the last minute won’t save you from the 31 October deadline if your previous tax obligations remain unlodged. No automatic extension...

  14. Board of Taxation opens consultation for red tape review

    The Board of Taxation has launched a ‘red tape reduction review’ and is seeking stakeholder feedback until mid-December. Last Friday (24 October), the Board of Taxation announced it would be opening consultation for its red tape reduction review, first...

  15. Small businesses remain optimistic despite high stress, report reveals

    small businesses,” he said. According to COSBOA and CBA data, 64 per cent of small businesses reported lower profits than last year (compared to 40 per cent in 2024), six in 10 (60 per cent) reported at least occasionally not being able to pay...

  16. Coalition pushes back on Payday Super timeline to ‘make sure it succeeds’

    positive, yet concerns around the commencement date and implementation for small businesses have begun to surface. Last week, Accountants Daily reported on these concerns from various accounting, super and tax professionals, with the overarching message...

  17. Treasury concerned about rising income tax rates, pre-roundtable briefing reveals

    in pre-event documents circulated to attendees. The annotated roundtable agenda, released under Freedom of Information last Friday (31 October), revealed that the government was growing concerned about Australia's increasing reliance on income tax to...

  18. ‘Punishment doesn’t fit the crime’: ATO upholds $9k penalty to dormant business

    tax agents in this review. Agents are reporting an increasingly poor experience with the ATO’s agent phone line over the last two years, citing inconsistent advice and a lack of suitably skilled staff. This is contributing to a general feeling of not...

  19. Outsourcing contributing to poorer ATO phone service delivery, union says

    tax agents in this review. Agents are reporting an increasingly poor experience with the ATO’s agent phone line over the last two years, citing inconsistent advice and a lack of suitably skilled staff. This is contributing to a general feeling of not...

  20. No free lunch: Corporate catering director lands $2.8m tax bill

    catering business has landed a hefty tax bill after failing to pay superannuation guarantee charges and GST liabilities. Last Thursday (13 November), catering company director Michael Deering landed a $2,804,639 tax penalty after failing to pay the ATO...