Assuming last is required, the following 4075 results were found.

  1. GIC non-deductibility ‘affecting viability of small businesses’, warns tax expert

    into remission applications.” Williamson said that some taxpayers are forced into a corner where bankruptcy is one of the last options, a position when tax agents must begin a support journey for their struggling client. “This journey with clients to...

  2. Mulino hits SMSFs with new levy in major financial sector reform

    through self-managed super funds, and SMSF losses have already placed immense strain on the CSLR [Compensation Scheme of Last Resort], accounting for more than 90 per cent of costs to date.” Mulino said in a statement that the collapses of the Shield...

  3. The Tax Institute joins the IPA Group

    with subsequent TTI consultation revealing that 89 per cent of its members approved the proposal. In a joint statement late last year, the two bodies said that they are brought together by the principle, “members are at the centre of everything we do”....

  4. MYOB appoints new chief product officer

    Deepesh brings significant experience and a clear understanding of what it takes to build and innovate products that create lasting value for small business owners, accountants and bookkeepers,” said Paul Robson, chief executive at MYOB. “I’m pleased to...

  5. The sale is the easy part: 4 questions to ask before a client sells

    will be split, and an owner who has run the business on instinct for decades. When we look at buying a business, that last one is the first thing we test. If the relationships, the know-how, and the decisions all live in one person’s head, the business...

  6. Mid-tier offers last-minute tax advice

    With the end of the financial year only a few weeks away, mid-tier firm HLB Mann Judd has highlighted last-minute steps that can be taken to minimise tax liabilities for SMSF clients. HLB Mann Judd Sydney tax partner Peter Bembrick said one of the...

    • Type: Article
    • Author: Staff Reporter
    • Category: Tax
  7. Expert technical tips: Last-minute SMSF considerations

    With only days left to the end of the financial year, technical experts Australia-wide have highlighted critical action points for SMSF clients around contributions, pensions and TBAR, and some potential traps to be wary of. With 30 June falling on a...

  8. Tax agents smash deadline despite last-minute scramble

    The ATO revealed lodgement figures for SMSF annual returns were ahead of market expectations, after one of the busiest and most complex deadlines for high-net worth clients since the Howard and Costello era. ATO assistant commissioner Tara McLachlan...

  9. ATO issues ‘last warning’ on overdue TPARs

    letters about their overdue TPAR and haven’t lodged their 2023 or prior year TPAR,” said the ATO in a recent update. “Last year we issued approximately $18m in penalties to more than 11,000 businesses,” it said. The ATO reminded tax professionals that...

  10. ASIC asks for small business sector's feedback

    regulator's services and engagement with the small business sector. This is ASIC’s second small business survey, with the last survey (conducted in late 2012) resulting in the establishment of ASIC's Small Business Engagement team. This team is focused...

    • Type: Article
    • Author: Michael Masterman
    • Category: Business
  11. Former KPMG partner jailed for insider trading

    court judge has jailed former KPMG partner Scott London for 14 months for his role in an insider trading scheme. Mr London last year pleaded guilty to a federal charge of securities fraud through insider trading, admitting to taking cash bribes and...

    • Type: Article
    • Author: Michael Masterman
    • Category: Business
  12. Demand for accountants drops

    The oversupply of accounting professionals in Australia has doubled since June of last year, according to the latest Clarius Skills Indicator. The report, which tracks the availability of skilled labour in the Australian market, shows a surplus of...

    • Type: Article
    • Author: Michael Masterman
    • Category: Business
  13. Budget: industry bodies lament short-term vision

    Australia’s major accounting bodies are united in their calls for longer-term taxation reforms following last night’s Budget in which the government confirmed the much touted temporary deficit levy. “By ruling out serious structural reforms, such as...

    • Type: Article
    • Author: Michael Masterman
    • Category: Business
  14. ATO in the firing line

    “The Budget forecasts for the 2014/2015 year will see total staffing in the general government sector return to the level last recorded in 2007/2008.

  15. A hot property market provides a great opportunity

    The property market has dominated media coverage over the last year, as a low interest rate environment attracted thousands of new and repeat investors to the asset class. Accountants across the country will be looking at ways to strengthen their...

  16. Reforms needed to relieve burden on states

    PwC has called for major tax reform to relieve the increased debt burden placed on the states by last week’s federal Budget. Releasing PwC’s analysis of the Budget, PwC partner Paul Abbey said reforms are required to decrease the ballooning debt of...

    • Type: Article
    • Author: Michael Masterman
    • Category: Regulation
  17. Tax office targets compliance costs

    reducing compliance costs for business by progressing several “key strategies” in the coming year. In a statement released last week, the ATO said it is committed to reducing compliance by “providing contemporary services and making it easier for people...

    • Type: Article
    • Author: Staff Reporter
    • Category: Tax
  18. Accountant faces court over lodging false documents

    documents with ASIC. Paul Anthony Scott, of Southport in south east Queensland, appeared in the Southport Magistrates Court last week charged with one count of lodging false documents with ASIC. He was also charged with one count of obstructing ASIC in...

    • Type: Article
    • Author: Michael Masterman
    • Category: Business
  19. Important considerations from the recent TRIS clarification

    Last week, the ATO clarified transition to retirement income streams, and there are several considerations to be aware of as a result. ATO issues transition to retirement income stream (TRIS) confirmation of key commutation strategy The ATO in SMSFD...

  20. Chan & Naylor announces new joint venture partner

    & Naylor has announced a Sydney-based accounting firm as the seventh joint venture partner (JVP) to join the group in the last 18 months. The partnership with Northstar, located on Sydney's lower north shore, will allow Chan & Naylor to grow its Sydney...

    • Type: Article
    • Author: Staff Reporter
    • Category: Business