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

  1. Pitcher Partners appoints new managing partner

    1 July, taking over from Rob Southwell, who will now step down after nine years as managing partner. Mr Irwin has spent the last 18 years as chief operating officer of the firm’s Sydney bureau, and managed the operational and technological elements of...

  2. SMSF auditors urged to proactively identify SAN misuse

    numbers had been identified as an ongoing area of concern with the ATO and the TPB, with 74 tax practitioners singled out last year over such misuse. Last month, a Perth-based tax agent saw his registration terminated after he was found to have lodged...

  3. Early access to super used to pay mortgages, credit cards, bills

    over two transactions, across two financial years, once before 30 Jun, 2020 and once after. The program closed at the end of last year. According to the report, the average private household income — including salaries, investments and superannuation —...

  4. KPMG confirms 4% pandemic bonus

    repaid one-third of the May and June cuts. KPMG then moved to repay half of the July and August 2020 cuts at the end of last year, before returning a further portion in February. The firm saw a 7 per cent increase in revenue to $1.9 billion last year,...

  5. Expanding self-education deductions a ‘no-brainer’, says IPA

    only claim deductions for self-education expenses if they are directly related to their work. The proposal, contained in last year’s October federal budget, has divided the tax profession and has yet to move beyond an initial discussion paper released...

  6. ‘Too simplistic’: Standardised deductions aren’t a silver bullet

    work-related expenses. “As the report states, the percentage of taxpayers using a tax agent has hardly changed over the last 10 years,” Mr Jeffreys said. “Why is this? It is not because taxpayers have a significant need to have their tax agents work out...

  7. Shake-up in the practice management landscape for accountants

    with two big players having changed owners. First, Sage sold off their Australian business to The Access Group at the end of last year. Then American company KKR jumped through the last hoops of the ACCC in April to finally seal their deal acquiring the...

  8. ‘A temporary stimulus measure’: $1,080 tax offset extended

    of the LMITO for a further 12 months comes after the government announced a similar extension in its October federal budget last year despite backdating its stage 2 tax cuts to 1 July 2020. Mr Frydenberg stressed that the extension of the offset was a...

  9. Board of Tax probes ATO, AusIndustry administration of R&D tax incentive

    The final report will be due by 30 November. The review comes after reforms to the R&D tax incentive passed Parliament last year, following the government’s commitment to invest $2 billion in the incentive. Refreshed guidance around the tax incentive,...

  10. Labor drags its feet on stage 3 tax cuts

    because we know how much they like to increase taxes on working Australians and hardworking small businesses.” Labor last aired opposition to stage 3 cuts in October last year when stage 2 cuts were introduced early and backdated to 1 July 2020. The...

  11. Federal budget 2021: Old jobs, new tricks?

    98 per cent loan-to-value ratio at a time when housing is running hot. Australia’s housing market hit $8.1 trillion in value last month, surpassing the combined values of listed shares, superannuation and commercial real estate by $1 trillion....

    • Type: Article
    • Author: Jo Masters and Johnathan McMenamin, EY Oceania
    • Category: Business
  12. ATO clears the air over lodgement support bungle

    to tax practitioners has now been established after confusion reigned over the Tax Office’s initial offer of support. Last Friday, the ATO announced that it would look to support practitioners struggling to meet lodgement deadlines through a dedicated...

  13. ATO to set its sights on ‘copy-paste’ expense claims

    work-related expense claims related to clothing and laundry, self-education, car and travel, the Tax Office said it expects last year’s downward trend to continue. “In 2020, we saw a decrease in the value of work-related expenses for cars, travel,...

  14. EY appoints new strategy and transactions leader

    Cotter has been with the firm since November 2016, when she joined as an infrastructure advisory partner. She has spent the last two years as an infrastructure advisory leader, based in Sydney, and serves on the Infrastructure Partnerships Australia...

  15. Viable businesses should ‘focus’ as Australia braces for insolvency bump

    tipped to pivot to a post-pandemic compliance crackdown. “While the ATO has been very quiet for almost 12 months, that won’t last,” he said. “And that’s when we expect to see the insolvency wave building.” The ATO’s debt book grew to $53 billion over...

  16. ATO should revise work-from-home travel expense eligibility: TSA

    calls for a review of travel expense claim entitlements for those working from home follow an alert issued by the ATO last week where it warned tax agents and taxpayers that it would be on the lookout for claims containing ineligible work-related...

  17. FBT exemption, LMITO tax bill introduced into Parliament

    of the LMITO for a further 12 months comes after the government announced a similar extension in its October federal budget last year despite backdating its stage 2 tax cuts to 1 July 2020. Mr Frydenberg stressed that the extension of the offset was a...

  18. ATO signals crypto crackdown as tax time looms

    capital gains or losses.” The ATO’s crackdown follows a softer, educative approach adopted through the 2020 income year. Last year, the Tax Office contacted 100,000 taxpayers who had traded crypto assets and prompted 140,000 taxpayers to lodge returns....

  19. Crypto crackdown underway as ATO locks in data-matching program

    tax communications Mark Chapman had warned earlier this year that the ATO’s light-touch approach to crypto was unlikely to last for long, with taxpayers urged to pay attention to their tax obligations. “I think the first thing to say is that the ATO...

  20. ATO extends Division 7A COVID-19 relief

    lender’s 2020–21 income year due to the ongoing effects of COVID-19 under section 109RD. A similar extension was provided last year for the 2019–20 MYR. Taxpayers who obtained the extension last year will be required to make up the shortfall of their...