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

  1. M&A market ‘better than expected’ through 2018 uncertainties

    market did not perform as well as the previous year, it had come along admirably considering the numbers of changes over the last 12 months, including a new Prime Minister. “Overall 2018 was a pretty good year when you look at all the factors holding...

  2. ‘Won’t be solved overnight’: Regulatory focus on cyber security to continue

    The introduction of several new security regulations over the last 12 months have thrust data and cyber security into the limelight but accountants have been cautioned against forgetting about it in the New Year. In February, new mandatory notifiable...

  3. MYOB directors set to back takeover bid

    vote in favour of a takeover from a private equity giant, subject to certain conditions, and following a revised offer last week. The MYOB board has agreed to recommend a “scheme of arrangement” to shareholders with US private equity giant KKR at $3.40...

  4. ‘Punitive retirees tax’ battle heats up between government, opposition

    shadow treasurer Chris Bowen are having a public spat over Labor’s proposed changes to the franking credits regime. In March last year, the federal opposition announced plans to remove cash refunds for excess dividend imputation credits. In the 10...

  5. Tax scams down in December, taxpayers still lose $500k

    ATO impersonation scams fells by over 12,000 reports in the last month of 2018 but over $500,000 was still reportedly paid to scammers. The ATO’s monthly scam report has revealed that $542,456 was reported as being paid to scammers in December 2018,...

  6. $860m of super claimed in Q4 2018

    Over $860 million worth of superannuation was found and consolidated by taxpayers in the last quarter of 2018, but more than $17.5 billion remains unclaimed. New data from the ATO from October to December 2018 showed that more than 66,000 taxpayers...

  7. MYOB posts online subscriber surge as it contemplates takeover bid

    MYOB’s online subscriptions grew by 57 per cent over the last calendar year, bringing its net profit up by 2 per cent. The accounting software provider saw its revenue jump 7 per cent to $445.2 million for the 12 months ending 31 December 2018, with...

  8. Common GST, property errors flagged for tax agents

    The ATO has flagged some common errors in suppliers’ activity statements since the introduction of GST at settlement. Last year, the government announced new measures that put the onus on purchases to withhold the GST on the purchase price of new...

    • Type: Article
    • Author: Jotham Lian
    • Category: Tax
  9. Commissioner seeks to appeal residency decision in High Court

    the Full Federal Court’s recent tax residency decision, casting doubts on the interpretation of individual residency rules. Last month, the Full Federal Court upheld an appeal by Glenn Harding in Harding v Commissioner of Taxation, ruling that the...

    • Type: Article
    • Author: Jotham Lian
    • Category: Tax
  10. AFCA extends legacy complaints to 2008

    Small businesses harmed by financial misconduct over the last decade have been urged to lodge a complaint with the Australian Financial Complaints Authority after ASIC approved the legacy change. The corporate regulator has approved changes to the...

  11. Huge spike in tax dob-ins as ATO launches new hotline

    less room to hide as the ATO launches its tax tip-off centre off the back of an over 40 per cent surge in referrals over the last year. Between 1 July 2018 and 31 May 2019, the Tax Office received nearly 60,000 reports of suspected tax evasion, the...

  12. The Australian Tax Office hotspots 2019 — do they apply to you?

    can be a wake-up call both to ensure that you get it right this year and that you go back and check that you did it right last year. So, what is on the ATO’s list this year? Well, essentially, they’re looking at two main areas: work-related expenses and...

    • Type: Article
    • Author: Mark Chapman, H&R Block
    • Category: Tax
  13. Practitioners warned of tax-time scams as losses rise to $2.8m in 2018

    With over $2.8 million in reported losses attributed to tax-time scams last year, the ATO is urging practitioners to take steps to protect their practice and their clients. According to the Australian Cyber Security Centre (ACSC), tax-time scams in...

  14. Tax questions triggered by new pensions guidance

    The Tax Office released some welcome guidance on death benefit questions last week, but it has triggered some new questions about tax and possible contraventions. The ATO confirmed that if an SMSF fails to pay the minimum pension requirements for a...

  15. What tax agents need to know right now by CPA Australia

    the end of July. More than half of these were lodged by self-preparers via myTax – a 34 per cent increase on the same time last year. Tax agent-prepared individual returns are also up by 6 per cent. Tax agents will be well aware that this year’s...

    • Type: Article
    • Author: CPA Australia
    • Category: Tax
  16. Do your business clients have an exit plan in place?

    Last weekend, viewers all over the world sat on the edge of their couch waiting to see which of the four Roy children in HBO’s dramedy Succession would inherit their father’s media conglomerate. While made with dramatic effect, this scenario can play...

    • Type: Article
    • Author: Jeremy Jones, Pitcher Partners
    • Category: Business
  17. GST kicks in for online hotel bookings

    of Australian commercial accommodation, including hotels, will now have to factor in GST after the loophole was closed last month. First announced in the 2018 budget, Treasury Laws Amendment (Making Sure Multinationals Pay Their Fair Share of Tax in...

  18. ATO reveals auditor number misuse figures for 2017 and 2018

    The Australian Taxation Office has released the results of its investigation conducted last year into the misuse of SMSF auditor numbers from 2017 and 2018. In July 2019, the ATO said it reported the preliminary findings of its mail-out to SMSF...

  19. ATO teams up with telcos to crush scammers

    to block ATO phone call scams has been successfully implemented after more than 100,000 of such spoof calls were reported last year. Minister for Communications, Cyber Safety and the Arts Paul Fletcher said the ATO had teamed up with Australia’s telcos...

  20. Why the ATO needs to come clean with myTax

    The ATO has claimed a 12 per cent increase in tax returns lodged in the first two weeks of July compared with the same time last year, but practitioners aren’t convinced they are seeing the same spike in their business this tax time. H&R Block director...