Assuming last is required, the following 4049 results were found.

  1. 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...

  2. 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
  3. 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
  4. ‘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...

  5. 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...

  6. 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
  7. 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
  8. 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...

  9. 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...

  10. 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...

  11. 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...

  12. 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...

  13. Deloitte and Freedom Foods Group hit with class action

    revealed that its past financial results were inaccurate, among other revelations. Freedom Foods reported, in October last year, that it earned a full-year profit of $11.6 million. But that figure has now been “restated” as a $145.8 million loss. The...

  14. ATO tipped to be ‘unshackled’ in 2021

    of its $53 billion debt figure.” While the ATO had pledged to begin with a “really soft re-engagement on debt” in September last year, Mr Blow expects the approach to change over the new year. “This current tax and stimulus nirvana cannot last forever,”...

  15. RBA makes first cash rate call of the year

    to stick around for another few years, will send property prices soaring. According to a document released by the RBA last month, following a Freedom of Information request, a permanent 1 percentage point (100 basis point reduction) cut in the official...

    • Type: Article
    • Author: Maja Garaca Djurdjevic
    • Category: Business
  16. Post-JobKeeper jitters hitting small-business owners: Survey

    expectation that JobKeeper will extend beyond the end of March. It was always a temporary program,” Mr Frydenberg said late last month. “More than $80 billion is already out the door, and it’s helped to support more than 3.5 million Australians.”...

  17. 12% SG rise a right idea at a wrong time, says CA ANZ

    has backed calls to halt the increase to 12 per cent in recognition of the economic situation and its impacts. “Since the last election, there has been a global pandemic, the first Australian recession in 29 years, our highest unemployment in 20 years,...

  18. ATO sounds alert over new ‘alarming’ TFN scam

    “We’re seeing that instead of scammers asking for a specific amount of money, they’re requesting victims to transfer every last dollar in their bank account. “What’s most malicious is that, in some cases, these scammers are stealing money under the...

  19. Accountants foreshadow ATO compliance storm

    recommencement of ATO audit and debt activity as recent signs point towards a renewed approach to compliance-related work. Last year, the ATO made a “conscious choice” to pause its debt, audit and lodgement work at the height of COVID-19, ultimately...

  20. Graduates encouraged to look to ‘competitive’ smaller firms

    in lieu of traditional graduate intake schemes. Following a hiring slump of about 60 per cent across the sector in May last year, job postings are edging towards pre-pandemic levels, with listed openings currently sitting 2.3 per cent below what they...