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

  1. $4m penalty issued in R&D tax case

    miss out. “There is this constant tweaking. It causes instability in the market because people just don’t know if it’s the last change and if it’s stable. How do you budget your five or six-year innovation spending like that, what does the roadmap look...

  2. TPB highlights area of focus for tax time 2018

    TPB chair Ian Taylor said the ATO’s focus on clothing and laundry expenses is “fair” considering the number of claims seen last year. “One of the real areas that Chris Jordan has pointed out is that at the moment there is the ability that there is no...

  3. CPA members take fight for transparency to AGM

    raise debate and feedback through accessible and no or low-cost means. Members struggled to consult with each other during last year’s governance crisis, and resorted to paying $2,351.16 to obtain a copy of the register of members, which didn’t come...

  4. New ASIC levies for accounting professionals cop backlash

    in some cases, has had industry pushback as costs to liquidators and auditors are expected to be passed onto clients. Late last week, the corporate regulator published indicative levies based on its budgeted regulatory costs outlined in ASIC’s draft...

  5. PwC set to review CPA Australia Advice

    is in line with recommendations from former auditor-general Ian McPhee’s report into the association and its subsidiaries last year. “Until the review is complete and the report is received and considered, the directors will continue to operate CPA...

  6. Keating knocks ‘freebie’ imputation credits

    “Borrowing outside of super — usually with double incomes are used in calcs despite potential future family plans (and also last year's bonus considered as ‘normal income’) — is a greater systemic risk to the economy than borrowing within SMSFs....

  7. ‘Defies belief’: liquidators hit back in face of $14K fees

    liquidators have been unfairly targeted to the tune of about $14,000 in a lot of cases, and $750,000 for larger firms. Late last month, ASIC published indicative levies ahead of final industry funding invoices in January 2019, based on its budgeted...

  8. New rego and exit fees in the pipeline for auditors

    The new fees are a drop from the previously proposed $3,429 amount during the government’s first consultation period late last year. Approved SMSF auditors applying to exit the sector will be hit with a deregistration fee of $899. The Institute of...

  9. Treasury challenges popular payroll tax gripes

    the most disincentivising tax for any business,” Anderson Tax & Consulting director, Debra Anderson, told Accountants Daily last month. “Many businesses attempt to change their structures to avoid paying it. I personally hate it and would love to see it...

  10. CA members, staff told to brace for restructure in blanket emails

    department, advocacy teams and member services teams were singled out as high on the reform agenda. As reported late last month, CA ANZ is in the process of a major organisational overhaul, significantly motivated by consecutive years of losses up to...

  11. R&D tax incentive on shaky ground again as budget looms

    miss out. “There is this constant tweaking. It causes instability in the market because people just don’t know if it’s the last change and if it’s stable. How do you budget your five or six-year innovation spending like that, what does the roadmap look...

  12. Watchdogs delay MYOB, Reckon verdict

    will continue to co-operate with them through this review period,” Mr Reed said in a statement to the ASX this morning. Late last month, the ACCC issued a public statement about its “significant” concerns about lessened competition in the software...

  13. ‘A very complicated sell’: corporate tax cuts to be dumped

    have become too “politically sensitive” to be included in the 8 May budget, particularly given that this is likely to be the last budget before the next election. “The small business tax cuts have been pretty much locked in now; the rate for small...

  14. What to expect from the 2018 federal budget

    of budget The budget deficit has narrowed to $23.6 billion for 2017-18, representing a $5.8 billion improvement since the last budget. The improving budget position has largely been driven by stronger commodity prices and higher forecasts for company...

  15. Tax relief funding debate a ‘moot point’, says Thomson Reuters

    been concerns of the government’s ability to fund any tax relief while bringing the budget back to surplus by 2020-21. The last time the personal tax threshold moved was in 2016 when the 32.5 per cent threshold was increased from $80,000 to $87,000,...

  16. Budget Week

    of SMSF membership to a maximum of six members. The July 2017 reforms are still being implemented and bedded down now. The last thing we need is more reform. It is time to provide some stability and confidence in the superannuation system and take the...

  17. ATO renews focus on popular deduction

    made a commitment earlier this year to focus on 'other' work-related expenses, after $7.9 billion in claims were recorded last year between about 6.7 million Australian taxpayers. ATO assistant commissioner Kath Anderson said that the ATO's ability to...

  18. Insolvency law reforms tipped to impact business contracts

    reforms” to insolvency rules, with a legal firm warning the impacts on new business contracts will be far-reaching. Last September, Financial Services Minister Kelly O’Dwyer flagged a softening of insolvency rules in a bid to reduce the number of...

  19. $2.4m lost to tax scams, ACCC reports

    ACCC reported that the ATO received 81,250 scam reports with $2,396,178 of reported losses, down from the 155,035 reported last year. Of those, 58,054 of those reports were for threat-based impersonation scams for which $2.3 million was reported lost....

  20. ‘We won’t sell’: Reckon talks plans post MYOB fallout

    focus now is on development - particularly of the division’s cloud strategy. “It’s not as if we’ve been doing nothing in the last seven months, we had a cloudification strategy, and we will continue to move forward with those plans,” Mr Allert told...