Assuming lead is required, the following 1487 results were found.

  1. Federal Court hears ATO’s appeal of landmark Bendel decision

    definition of a “loan” should not be construed so broadly to include unpaid present entitlements (UPEs) as it would lead to a scenario of “double taxation”. In September last year, Bendel successfully challenged ATO objection decisions in the AAT...

  2. Early super release scheme was ‘ineffective’, says e61 Institute

    the supplement was in place but the ERS scheme – despite being intended to target those in “financial stress” – did not lead to improvements in financial resilience or wellbeing, and nor did the ESP,” e61 Institute said. E61 Institute research director...

  3. Aussie businesses ‘held back’ by not embracing technology, cautions CPA

    financial year, compared to 34 per cent that didn’t use AI,” it said. CPA Australia’s business investment and international lead Gavan Ord said the research highlighted the importance of new technology in business success. “Companies that embrace a...

  4. How tracking data could help overcome gender biases

    employees should be recruited and incentivised based on merit, Pannek said that gender biases could exist in employers and leaders in an organisation. “The problem is that we’re all human, which means we come with certain biases,” she said. “Some of it...

  5. Further work to be done on TASA changes, says Tax Institute

    taxpayers will be trying to handle tax matters themselves in an excessively complex tax landscape. “This will inevitably lead to more errors, late payments and lodgments, or failures to pay and lodge – ultimately, degrading the integrity of our tax...

  6. IR reforms: A productivity predicament for finance leaders

    Finance leaders need to understand how the major changes to workplace laws impact their role and the operations of the business. As Australian businesses grapple with rising operational costs, fierce market competition, and an ever-evolving regulatory...

    • Type: Article
    • Author: Matt Loop, Rippling
    • Category: Business
  7. ATO practice statement lays down law on illegal early release perpetrators

    in the term ‘likely to result’, which provides the ATO with the very broad powers to crack down on activities that might lead to the illegal release of superannuation benefits, even if no withdrawal has been made,” she said. “This means that merely...

    • Type: Article
    • Author: Keeli Cambourne
    • Category: Tax
  8. Disqualified entities: What does it mean for your practice and what should you do now to ensure compliance from an HR perspective?

    disqualified entities can include individuals, companies, partnerships, trusts, and super funds. The criteria for what could lead to becoming a “disqualified entity” include those convicted of serious offences, fraud, or dishonesty, as well as those...

    • Type: Article
    • Author: Barbara Selmer Hansen
    • Category: Business
  9. Anti-money laundering bill to place further burden on accountants, warns CPA

    which will increase with the proposed obligations of the AML/CTF Amendment Bill. CPA Australia’s regulation and standards lead Belinda Zohrab-McConnell said CPA Australia has always supported strong, proportionate laws to prevent money laundering, but...

  10. New initiative aims to make super ‘impenetrable’ to cyber crime: ASFA

    underscored the importance of a co-ordinated response to financial crime. Delahunty noted the peak super body is proud to be leading this initiative. “ASFA is uniquely placed to lead this work across our broad membership base and proud to be driving...

  11. CPA welcomes push to make instant asset write-off permanent

    bill for the 2024 financial year was stalled for almost a year. In a joint statement with the shadow treasurer, deputy leader of the opposition Sussan Ley said the Coalition circulated Senate amendments on Wednesday to implement the party's policy to...

  12. Denying deductions for SIC, GIC ‘a hammer blow for small business’

    They can also claim a deduction for the shortfall interest charge, which is applied when incorrect self-assessment leads to a shortfall in tax paid. The proposed legislation will remove the ability to claim these as deductions. Taxpayers would continue...

  13. Treasury releases draft amendments to code of conduct instrument

    set out in the original determination. The latest amendments make changes to section 15, which relates to false and misleading statements and section 45, which is in relation to keeping clients informer of relevant matters. The amendments repeal...

  14. Labor resists pressure to scrap negative gearing

    discounts would be a more effective solution. “These unfair tax handouts are driving the rental and housing crisis,” Greens leader Adam Bandt said. “They help wealthy property investors buying their seventh property and hurt renters trying to buy their...

  15. CA ANZ sets the record straight on new pathway

    – who are passionate about our profession,” it said. The professional body also rejected suggestions that inclusive pathways lead to lower paid Chartered Accountants is patently untrue. To date there has been no evidence to suggest this is the case in...

  16. What do the disqualified entity rules mean for practices?

    disqualified entities can include individuals, companies, partnerships, trusts and super funds. The criteria for what could lead to becoming a “disqualified entity” include those convicted of serious offences, fraud, or dishonesty, as well as those...

    • Type: Article
    • Author: Barbara Selmer-Hansen, Impact Business Consulting
    • Category: Business
  17. Foreign investors warned on tax law changes: Grant Thornton

    account or income account. “There are several GST implications surrounding foreign investments into Australia that can lead to risks of material tax shortfalls and ATO compliance activity when overlooked in the planning stages,” Grant Thornton said. “As...

  18. Building the next wave of leaders in the accounting profession

    Xero launched Xero Mentor Match – a program that connects accountants and bookkeepers, from new entrants to industry leaders and role models. To kick start the initiative, Xero has established a group of foundation members, including Shannon Smit of...

  19. Government fails to deliver on agreed changes to code instrument: joint bodies

    15 required tax/BAS agents to report to the ATO statements that the agent reasonably believed were false, incorrect or misleading in a material particular, or omitted some matter or thing without which the statement is misleading in a material respect,...

  20. CA ANZ backs government’s mission to improve invoice payment times

    said this is an important step towards reducing payment times for all businesses. CA ANZ sustainability and business reform leader, Karen McWilliams FCA, said cash flow is key in this tough economic climate and it’s "no good" for businesses to have a...