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

  1. Preservation age, work test in government’s sights

    numbers may fall to the back of the list, according to SuperConcepts. Addressing SMSF Adviser’s SMSF Summit 2019 in Sydney last week, the SMSF service provider’s general manager, Peter Burgess, said the government may soon look at increasing the age at...

    • Type: Article
    • Author: Sarah Kendell
    • Category: Super
  2. Pay increases down in accounting

    in Sydney’s accounting market. According to the report, 33.2 per cent of respondents have not received a pay increase in the last 12 months, as opposed to 26.1 per cent in last year’s survey. Of those who did report a pay increase, 29.4 per cent...

  3. Victoria building developer in hot water over ‘calculated’ GST fraud

    found he claimed more than half a million dollars in fraudulent GST refunds. Appearing in the County Court of Victoria last week, Simon Petzierides was sentenced to three years in jail for tax fraud. The matter comes as a result of an ATO investigation...

  4. Division 7A advice for clients ‘currently next to impossible’

    its position on the proposed changes to Division 7A ahead of the looming 1 July 2020 start date. In the federal budget last year, the government announced that the start date for amendments to Division 7A would be deferred to 1 July 2020, accepting that...

  5. Clients warned on discretionary trust amendments ahead of retrospective duty, land tax

    have been urged to make amendments despite the passing of the transitional amendment date of 31 December 2019. In October last year, legislation was introduced by the NSW government to treat discretionary trusts as foreign trusts, liable for both...

  6. ATO issues call-out for tax dobbers

    economy activities as its tip-off hotline continues to ring hot. Since launching its new Tax Integrity Centre (TIC) in July last year, the ATO has now received 27,000 tip-offs, with a record-breaking 15,000 tip-offs received in the first quarter of...

    • Type: Article
    • Author: Reporter
    • Category: Tax
  7. $1,080 tax offset saved rather than spent, new survey shows

    so, according to a survey of 1,006 taxpayers by money.com.au. The tax offset, which had sparked a surge in early lodgements last year, was also more likely to be used to pay for bills, with 28 per cent of respondents indicating so. Australians were also...

  8. CountPlus eyes more advice firms as profit grows

    growth in profit after tax to $2.7 million for the six months to 31 December 2019, up from $2.6 million in the same period last year. Revenue also grew by 8 per cent to $38.8 million, from $35.9 million in the previous corresponding period. The EBITA...

    • Type: Article
    • Author: Aidan Curtis & Sarah Simpkins
    • Category: Business
  9. Simplification of CGT system could hurt SMSF trustees

    2020 on the Gold Coast, Insyt chief executive Darren Wynen said the Board of Taxation report released by the government late last year could have significant implications for those looking to contribute the proceeds of the sale of their business to...

    • Type: Article
    • Author: Sarah Kendell
    • Category: Super
  10. Fears mount over Division 7A silence

    to,” Mr Athanasiou told Accountants Daily. “My fear is that the worst-case scenario is that we get legislation at the last minute that is just rammed through Parliament. “Even if Treasury has done some type of targeted consultation, there’s just not...

  11. Money laundering pre-insolvency adviser gets 5 years in jail

    period of 22 months for one charge of dealing in the proceeds of crime. Mr O’Neill pleaded guilty to the charge in October last year. Fellow pre-insolvency adviser John Narramore was sentenced to four and a half years in prison with a non-parole period...

  12. Queensland SMEs get 6-month tax break

    conditions associated with the coronavirus. It comes after the Queensland government announced a $27 million aid package last month for the state’s tourism, agriculture, fishing and education sectors, in the wake of the federal government imposing...

  13. WA defers payroll tax, offers $17.5k grant

    threshold to $1 million from 1 July 2020, six months earlier than planned. The original payroll tax package announced in WA last year saw the payroll threshold rise to $950,000 from 1 January 2020 and was due to increase again to $1 million from 1...

  14. Popular deduction set for rate rise

    cents per kilometre deduction rate for motor vehicle expenses to 72 cents for the income year starting 1 July 2020. The rate last changed in 2018, which saw the rate rise to 68 cents. The cents per kilometre method currently allows taxpayers to claim up...

  15. Nexia Australia announces new chair

    having been a director at the firm’s Perth office since 1994. Mr Di Giulio will succeed Ian Stone, who was appointed last year as chair of Nexia International, marking the first time a representative from Australasia has been selected to chair the...

  16. Former Westpac exec unveiled as CA ANZ CEO

    was also chief of staff to former Westpac chief executive Brian Hartzer between 2013 and 2015. Mr Hartzer stepped down late last year following allegations that the bank committed 23 million breaches of Australia's anti-money laundering laws. The...

  17. FASEA remote exam guidelines released

    72 hours before the exam start date, and that candidates will be charged an extra fee if they attempt to schedule at the last minute. It also recommends candidates sit the exam on a personal computer, as those in public locations such as workplaces “may...

    • Type: Article
    • Author: Sarah Kendell
    • Category: Business
  18. ‘Sympathetic and understanding’: ATO confirms compliance approach

    metrics already available to the ATO,” Ms Wilkinson said. “Using GST turnover comparing either April this year with April last year, or the June quarter this year with the June quarter last year, made a big difference to the integrity issues when...

  19. Tax storm looms for super

    He added the government has already taken steps to reduce the costs, lowering concessional contribution caps over the last decade from $100,000 to its current level of $25,000. All superannuation payments being tax-free is expected to continue, but Rice...

    • Type: Article
    • Author: Sarah Simpkins
    • Category: Tax
  20. On-demand and automated Cashflow projections for MYOB and Xero

    scenarios, Days of Cash Remaining Alexander Laureti, Partner at LMS Advisory, Parramatta, continues his story from last week about the benefits LMS obtain through Cerebiz automated cash collection system integrated with MYOB’s AE Practice Management...

    • Type: Article
    • Author: Cerebiz
    • Category: Business