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

  1. The reality of a more complex tax system

    small businesses”. The budget’s inclusion of a permanent loss carry-back came as a pleasant surprise to some, with RSM tax leader Liam Telford telling Accountants Daily that it will provide businesses with greater resilience. Greco said that the IAWO,...

  2. Trust tax minimum killing bucket companies, causing small businesses to suffer

    trusts for investment purposes or running a business,” Mach said. Further, a 30 per cent tax on discretionary trusts could lead to increased compliance and advisory costs that arise due to restructuring, Business NSW said. Mach said that many of his...

  3. PM to introduce CGT changes, instant tax deduction legislation tomorrow

    he said. The government's proposed reforms to capital gains tax have drawn mixed responses so far. CPA Australia tax lead Jenny Wong warned that the changes would disproportionally impact mum-and-dad investors and small business owners. "For anyone...

  4. Preparing for a ‘whole rewrite’ of how the SG charge is calculated, imposed

    and it gets there a few days late, the ATO is not going to be imposing SG charge assessments for 2026/27,” she added. In the lead up to the decommission of the SBSCH at 11:59pm on 30 June, Jacobson emphasised that small businesses who currently use the...

  5. ATO announces tax time changes for TPAR data

    to lodge after this date instead. “Lodging in July or early August means this information may not appear yet. This could lead to omissions, the need for amendments, and repayment of refunds later,” it said. “Lodging after 28 August gives you the best...

  6. ATO puts 'dodgy donors' on notice over barter credit tax scheme

    and similar arrangements may be considered fraud and expose their businesses to investigation by the ATO. It could also lead to the repayment of tax with heavy penalties and interest, as well as legal action, it added. "Further, the scheme can trigger...

  7. New tech requires new processes, not a retrofit of outdated approaches

    need to take the opportunity to transform their old ways of working in addition to the adoption of new technology, one BDO leader says. Speaking with Accountant Daily ahead of his appearance at the upcoming Accounting Conference & Expo 2026, BDO...

  8. Can you recall a more difficult year for June decisions?

    be given to the shareholding of such company beneficiaries – if shares are owned by another discretionary trust, this could lead to issues with tax-effective profit extraction in the future.” Are discretionary trusts still useful? “A discretionary trust...

    • Type: Article
    • Author: ElfWorks
    • Category: Tax
  9. CGT changes could incentivise investment in risky start-ups, warns SavvyWise

    more attractive, irrespective of their underlying risk profile. Pflaum said the government's tax changes could therefore lead to a distortion in terms of where people invest. "Show me the incentive and I'll show you the outcome. When you dramatically...

  10. Division 7A and Bendel: complete clarity or a 16 year journey far from over?

    range of meanings depending on context. 5. A construction of section 109D(3) that includes UPEs to companies as loans would lead to absurd and unintended results from the dual operation of section 109D and subdivision EA. 6. That is, a loan within the...

  11. Latest tax tweaks inadequate for start-ups, accounting bodies say

    changes, calling them a “constructive step forward”, but pointed to implications for small businesses and advisers. CPA tax lead Jenny Wong said: “Further analysis is needed to understand why the government has chosen not to increase the thresholds for...

  12. AI and client data: is your firm exposed?

    D) It violates Code Item 3 (Honesty and Integrity) because using AI to draft documents is considered plagiarism and misleads the client about the origin of the work. Correct Answer: B ‘According to the Tax Practitioners Board (TPB) exposure draft TPB(I)...

  13. Helping Business Owners stabilise, reset and grow when they face financial, operational or strategic pressure.

    business owners make better decisions. The future of advisory is proactive rather than reactive, and we intend to lead that transition. What is the toughest challenge you've faced in your role? How did you overcome it? The toughest challenge has been...

    • Type: Article
    • Author: AS Advisory
    • Category: Profiles
  14. Debt concerns raised over ‘$8 billion black hole’ in NSW budget

    citing challenges with growth, housing supply, and rising debt levels. Speaking with Accountants Daily, Jenny Wong, tax lead at CPA Australia, pointed to targeted housing-supply measures aimed at attracting foreign capital into rental housing and...

  15. Payroll officer fights work-from-home mandate

    to be any “serious or sustained performance issues”, the commission was told. Knauf Gypsum also pointed to Gurung’s role as lead of its most complex payroll run and the need for “a high level of focus and attention to detail” to ensure the process is...

    • Type: Article
    • Author: Naomi Neilson
    • Category: Business
  16. Why salary is no longer the key factor driving career decisions

    market movement. Speaking with Accountants Daily, Stuart Martin, business director - national accountancy and finance lead at Hays, offered the following insights on the changing perception of the importance of salary. “While salary remains important,...

  17. What you need to know before your client buys commercial property in super

    the fund's own paperwork has to be in order before a lender will look at it seriously. Commercial valuations add their own lead time, and in my experience six weeks is now the norm rather than the exception. Where this bites is the contract. A client...

    • Type: Article
    • Author: Nadine Connell, Commercial Finance Broker, SMSF lending, Smart Business Plans
    • Category: Tax
  18. Further relief needed for genuine employers under Payday Super: The Tax Institute

    to Payday Super may incur more than 12 months of contributions for some employers in a single financial year. This may lead to top concessional contribution cap issues or excess contributions tax outcomes despite zero change to actual entitlements,...

  19. Accounting bodies urge Treasury to take its time with big firm regulation

    disciplinary framework,” the spokesperson added. Also speaking with Accountants Daily, CPA Australia audit and assurance lead Tiffany Tan (pictured) said that the options paper was “...a useful prompt for firms to reflect on their own governance,...

  20. The AI question your clients are asking is the wrong one

    we can find out quickly, because we are already looking at the numbers those processes produce. This is our conversation to lead Accountants are unusually well placed here, and I think we underplay it. We see the ledger, the exceptions, the...