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

  1. Clients urged to confirm JobKeeper Step 2

    the number of eligible employees. While the ATO continues to receive high call volumes, 100 per cent up from this time last year, Mr Addison believes practitioners should be able resolve the Step 2 issue smoothly once they get in touch with the Tax...

  2. JobKeeper turned off for childcare sector ahead of midway review

    a transition payment of 25 per cent of their fee revenue from 13 July until 27 September. According to Mr Tehan, the last two payments scheduled for September will be brought forward to help childcare services with cash flow. Childcare providers will...

  3. Car expenses rate rise confirmed

    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...

  4. ATO warns of new TFN robocall scam

    or fraudulent activity and that there are several allegations against them. They will then be asked to provide the last four digits of their TFN, address, date of birth, name of their bank account, and the approximate amount of money in the account/s....

  5. Government defers Div 7A, tax, superannuation start dates

    exempt current pension income (ECPI) will also have a new start date of 1 July 2021. Mr Sukkar’s announcement on the last day of the financial year comes as the profession contends with great uncertainty over the proposed Division 7A changes, with no...

  6. Voice of the accountant powers design of new workflow solution

    relationship-managing human beings as well. It requires expertise but in way that has genuine human connection. The last few months have been a fantastic insight into the value of accountants and the advice they give. APS Workflow+ is crucial to that...

    • Type: Article
    • Author: David Francis, General Manager at APS Software
    • Category: Technology
  7. 4th Plutus Payroll conspirator sentenced to 4 years in jail

    The fourth conspirator of the Plutus Payroll tax scandal has now been sentenced to four years in jail. Devyn Hammond was last Friday sentenced in the Supreme Court of NSW to four years in jail for her role in the Plutus Payroll scandal, that is alleged...

  8. Practitioners, clients disgruntled by ‘unfair and inequitable’ JobKeeper anomaly

    to push back against the ATO as the government is urged to consider changes ahead of its economic update next week. Late last month, the ATO began sending out letters to 8,000 businesses, warning them that the $1,500 per fortnight wage subsidy would...

  9. ATO records ‘biggest 1 July ever’ with 640% spike

    two weeks of tax time has now seen 1.7 million individual tax returns lodged, a 12 per cent increase on the same period last year. The average refund amount this year stands at $2,365. “More than $1 billion will have hit 457,000 taxpayers’ bank...

  10. Increased SME borrowing a ‘green shoot’ for the economy, says ABA

    begun restarting loan repayments again, with the value of SME loan repayments on deferral dropping by more than $686 million last month. ABA chief executive Anna Bligh said the new figures showed small businesses were growing in confidence about...

    • Type: Article
    • Author: Reporter
    • Category: Business
  11. Navigate change with these 5-steps to achieving best practice payroll

    your ability to manage payroll? Did you have the right systems and data security credentials in place? If a review of the last three to four months exposes serious concerns or gaps in your process, you may find it is time to consider outsourcing or...

    • Type: Article
    • Author: ADP Australia and New Zealand
    • Category: Regulation
  12. ‘Breach of transparency’: ATO called to disclose lodgement statistics

    receiving over 1.7 million individual tax returns in the first two weeks of July, a 12 per cent increase on the same period last year. H&R Block director of tax communications Mark Chapman, who sits on the TPSG, said the ATO’s refusal to share lodgement...

  13. BDO hits 206 partners with latest appointments

    James Trainor from KPMG. The firm also confirmed that 18 new associate directors and directors were appointed over the last 12 months. BDO national chair Helen Argiris said the appointments signalled continued growth during difficult economic...

  14. Intuit QuickBooks claims top consumer rating honours

    software review. The annual consumer review surveyed 844 business clients who paid for an accounting software in the last 12 months, asking them to rate their provider on their ease of use, value for money, reporting, ease of integration, functionality,...

    • Type: Article
    • Author: Cameron Micallef
    • Category: Technology
  15. High Court rules in favour of employers on personal leave accruals

    any potential confusion. “If an employer changed how personal leave operates following the original Federal Court ruling last August, they need to update their payroll system accordingly,” Mr Mallett said. “Staff need to be assured that they don’t need...

    • Type: Article
    • Author: Maja Garaca Djurdjevic
    • Category: Business
  16. Alternative tests ‘still apply’ for JobKeeper extension

    alternative tests this week after the Treasurer’s rules and the subsequent commissioner’s determinations were registered last week. These alternative tests are expected to mirror the original tests that cover seven circumstances, including businesses...

  17. Diversification risks to remain firmly on ATO’s radar, says SMSF expert

    to see further letters sent out at some point by the ATO to trustees in regard to this particular issue,” Mr Dunn said. Last year, the ATO contacted 17,700 SMSF trustees and their auditors who had more than 90 per cent of their assets in a single asset...

  18. ATO thanks accountants, foreshadows busy 2021

    for their resilience and hard work in steering the economy back on track. “You can’t underestimate the impact the last 12 months have had; there has been a lot of work done in a very short period of time,” said Ms Wood on an ATO webcast. “We understand...

  19. New SMSF advice model gaining government momentum, says CA ANZ

    said. Ms Speed said CA ANZ, along with other accounting bodies, took this model to Senator Hume when she was elected in May last year. While Ms Hume has made it clear that the government will not be bringing back the accountants’ exemption, she asked...

  20. Accountants see surge in ethics ranking

    of all sectors, accountants continue to be perceived as most ethical, with a net score of 39 per cent, up from 30 per cent last year. Tax agents come second at 28 per cent, an increase from 20 per cent last year. Their scores ranked favourably when...