Assuming lead is required, the following 1452 results were found.

  1. 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...

  2. 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...

  3. 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...

  4. 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...

  5. 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
  6. 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...

  7. 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...

  8. 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,...

  9. 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...

  10. CPA Australia reveals focus for first in-person congress since 2019

    focus of this year’s CPA Congress will be AI in finance and accounting. The 2024 congress will feature some of the world’s leading authorities on AI and will run from 15 October to 18 October at the National Convention Centre in Canberra. The event will...

  11. COSBOA pushes for targeted SME policies ahead of election

    threats. COSBOA and CommBank said the report was created to spark meaningful conversations among policymakers, business leaders and the broader community to “champion the needs” of Australia’s small businesses and unlock their full potential. COSBOA CEO...

  12. Accountants ‘disappointed’ by withdrawal of disallowance motion

    a clear list of issues that need to be disclosed when applicable,” said CPA Australia regulations and standards lead, Belinda Zohrab-McConnell. “Large parts of the determination’s obligations should be familiar to our members as they are drawn from the...

  13. ASBFEO issues copyright law warning for small businesses

    not to consider their own unfounded DMCA action against competitors, as misuse of legal protections could backfire and lead to action being taken against them. “In all cases, Australian small and family businesses should get their own legal advice if...

  14. Quick guide: How accountants will play a crucial role in identifying climate related risks and opportunities

    CPA Australia’s nature-related guidance document for accountants and business leaders. In an era marked by increasing awareness of environmental issues, organisations are more attuned than ever to their dependence on nature and the associated risks and...

    • Type: Article
    • Author: CPA Australia
    • Category: Business
  15. Finalists revealed for Commercial Finance Awards 2024

    Awards 2024. The awards program, jointly run by Accountants Daily and sister brands Broker Daily and The Adviser, showcases leading commercial brokers, brokerages and aggregators paving the way in the Australian commercial finance industry. The...

    • Type: Article
    • Author: Arabella Walton
    • Category: Business
  16. Loan rejections surge for struggling SMEs

    for 60-month terms jumping 45 per cent on last quarter, Banjo said an inability to service new loans was still the leading cause of declined applications. Businesses were also failing to meet minimum eligibility criteria, it said. Compared to the same...

  17. Inquiry raises concerns about ‘systemic misuse of accountants’ certificates’

    the use of accountants' certificates and the misclassification of clients as wholesale or sophisticated investors. AFCA lead ombudsman, investments and advice, Shail Singh, said since starting operation in November 2018, AFCA has received around 140...

  18. Xero appoints new managing director

    is set to serve a dual role as he has retained his previous position as global chief strategy officer on Xero’s executive leadership team, according to Xero. Hansen Grech said Soin was the perfect choice for managing director for the Australia and New...

  19. Tax promoter penalty changes must be delayed: SMSFA

    use of the term ‘likely to result’ provides regulators with very broad powers to act in response to activities that might lead to the illegal release of superannuation benefits, even if no withdrawal has been made,” Burgess said. “This means that merely...

  20. Transparent promotion frameworks vital in financial services

    employees. Implementing transparent promotion frameworks with clear processes, requirements, and job descriptions could lead to more inclusive and diverse leadership, Crowe argued. “By seeing proven results, we will ultimately change culture. I think...

    • Type: Article
    • Author: Arabella Walton
    • Category: Business