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

  1. Tax lawyer flags compliance traps with family trusts following ATO crackdown

    Accountants have been warned about family trust issues that can lead to unexpected tax bills for clients, with the ATO scrutinising this area. Kristy-Lee Burns, partner at Owen Hodge Lawyers, has outlined some of the misconceptions about family trusts...

  2. Under the Hood: Here comes Bendel… again

    This week on UTH, Imogen is joined by co-host Lee-Ann Hayes and guest Tiffany Douglas, tax training team lead at TaxBanter, to recap the infamous Bendel case. As the High Court is set to hear the case once again on 14 October, Lee-Ann and Tiffany...

  3. US-style small business loan scheme needed in face of looming ‘silver tsunami’

    so many Baby Boomers set to retire in the coming decade, advocates have said there is an urgent need to follow America’s lead and ensure profitable businesses do not get swallowed up by private equity or the big of town. Recently, a Queensland-based...

  4. Advisory Advantage: The shift to high-value, low-volume accounting

    to discuss the benefits of building a client base with intention, the perks of specialising and how good conversations lead to better client outcomes. Tune in to hear more about: How to choose your clients intentionally and strategically. Why advisory...

  5. 'Unacceptable risk': The Tax Institute raises major concerns with proposed powers for TPB

    The proposed framework for the TPB's interim suspension powers could lead to unjust or disproportionate outcomes for tax practitioners, the institute has warned. The Tax Institute has raised concerns that draft laws to implement interim suspension...

  6. Division 296 ‘blind spot’ may cost unprepared SMSFs

    A significant but largely overlooked reporting feature of Division 296 could impose substantial compliance costs and lead to adverse tax outcomes for SMSFs caught unawares, a leading auditor has warned. From 1 July, Division 296 – also known as the $3...

    • Type: Article
    • Author: Naomi Neilson
    • Category: Tax
  7. Rushing your tax? Why early birds aren’t getting the worm come tax time

    The Tax Office has reminded taxpayers to slow down at the start of tax time, warning that rushing to lodge can lead to delays and amendments. Taxpayers who lodge as soon as the financial year ticks over ultimately risk submitting incomplete and...

    • Type: Article
    • Author: Matthew Taylor
    • Category: Tax
  8. Fintech, banking execs lead new security service for accountants

    quality to our growing client base,” Mr Plummer said. “Edward brings to Kamino a wealth of experience in building and leading teams from his time at CBA and before that at Reserve Bank of Australia.” Meanwhile, changes to the Privacy Act have recently...

  9. Australia's 'social compact' at risk: KPMG

    higher marginal tax rates - and extremely inefficient indirect taxes,” he said “Letting the current mix just drift on will lead to economic decline, an increased drag on business, and may drive down participation rates in the economy. It ultimately has...

    • Type: Article
    • Author: Michael Masterman
    • Category: Business
  10. Poor succession planning threatens family businesses

    differing mindset between the young guns who are raring to go and the older generation who don't feel they're ready can lead to ‘sticky baton' syndrome, where the current generation hands over the business in theory, but in reality retains control over...

    • Type: Article
    • Author: Michael Masterman
    • Category: Business
  11. FSI report identifies potential 'tax issues'

    otherwise would if GST was applied to these services," the report stated. Conversely, the report indicated the GST may also lead to less businesses consuming advice. "Because the GST is embedded in prices charged to businesses but not charged...

    • Type: Article
    • Author: Michael Masterman
    • Category: Tax
  12. CAANZ, IPA warn firms on succession

    the Institute of Public Accountants (IPA) have both warned accountants to act now on succession planning. Rob Ward, head of leadership and advocacy, CAANZ, said all firms need to decide well in advance who will succeed the current partners and plan for...

    • Type: Article
    • Author: Michael Masterman
    • Category: Regulation
  13. Accountants not happy with industry bodies

    with financial advice increases. She said the IPA sees it's role as not only responding to member demands but also leading members to the path of success. “We have to lead them and guide them and make suggestions about what we think they should be doing...

    • Type: Article
    • Author: Staff Reporter
    • Category: Business
  14. Deloitte announces latest big name recruit

    business. Graeme Newton, chief executive of the Queensland Reconstruction Authority, will join Deloitte in October to lead its Australian Crisis Management business and set up a Centre for Excellence for Crisis Management for the S.E. Asia region. Mr...

    • Type: Article
    • Author: Michael Masterman
    • Category: Business
  15. ATO warns taxpayers to disclose now

    to disclose offshore income and assets now under the 'Project Do It' initiative or expect compliance action that could lead to significant penalties. Deputy commissioner Michael Cranston said the ATO will begin requesting information exchanges with...

    • Type: Article
    • Author: Michael Masterman
    • Category: Tax
  16. Tax paper to revisit self-education expenses

    productivity. However, the paper warns that any loosening of the eligibility for deducting self-education expenses could lead to problems with compliance. Likewise, the government’s Budget position leaves little room to widen the tax concession without...

  17. Firms struggle with digital marketing

    inbound marketing agency Talking Brand, shows common gaps in key areas of digital marketing such as content marketing, lead generation, lead nurturing and brand clarity. Measuring 100 top accounting firms’ performance against eight digital marketing...

  18. Tax office crackdown on SMSF trustees who 'play the system'

    no discretion but to apply the penalty, although the penalty, in some situations, may be reduced or remitted. It could also lead to the SMSF trustees being disqualified and their SMSF being wound up by the ATO. “In the past, the ATO has not always been...

    • Type: Article
    • Author: Katarina Taurian
    • Category: Super
  19. PwC predicts 'chaotic' future for audit

    The increasingly international nature of business will lead to complications and disruptions that may plague the future of audit, according to PwC. A recently-released PwC report, Global Tax Transparency and Risk Management – part of the ‘Tax Function...

  20. Australia a 'soft target' for cyber-security, says Deloitte

    In a report titled Future of Financial Services, the result of an 18-month partnership between global financial services leaders, innovators and regulators, it was revealed that Australia is in the midst of a critical phase of evolution that must be...