Assuming last is required, the following 4077 results were found.

  1. Premier Investments defies calls to repay JobKeeper

    past, and that they didn’t want to risk rolling out a scheme that underperformed. An Ownership Matters report released last week showed that 58 of the 66 ASX 300 companies which received the government’s $93 billion JobKeeper wage subsidy between July...

  2. Predicted ATO audit activity trends for 2021 & 2022

    offering Audit Shield in Australia. Now, our claims team have shifted their focus from the historical claim data from the last financial year, to predictions of what will happen in some audit activity areas over the next 12 months. Our claims team...

    • Type: Article
    • Author: Rod Spicer - Associate Director, Accountancy Insurance
    • Category: Regulation
  3. Precision needed to meet CGT on small business concession rules

    powerful tax and superannuation planning opportunities for small businesses. However, since legislation was introduced last year to include extra tests and conditions to access the concessions, you need to use surgical precision to ensure your clients...

    • Type: Article
    • Author: Thomson Reuters
    • Category: Business
  4. Practitioners, clients disgruntled by ‘unfair and inequitable’ JobKeeper anomaly

    to push back against the ATO as the government is urged to consider changes ahead of its economic update next week. Late last month, the ATO began sending out letters to 8,000 businesses, warning them that the $1,500 per fortnight wage subsidy would...

  5. Practitioners warned over Div 7A journal entry practices

    documentation, potentially leaving practitioners open to breaching section 30-10 of the Tax Agent Services Act 2009. Lastly, Ms Jacobson said a journal entry only amounts to a payment where the principle of mutual set-off applies, for example, when the...

  6. Practitioners warned of tax-time scams as losses rise to $2.8m in 2018

    With over $2.8 million in reported losses attributed to tax-time scams last year, the ATO is urging practitioners to take steps to protect their practice and their clients. According to the Australian Cyber Security Centre (ACSC), tax-time scams in...

  7. Practitioners urged to get across NZ property tax changes

    Australian practitioners should be across new property tax changes introduced in New Zealand last week to rein in surging property prices for first home buyers, says one peak body. In an effort to “back” first home buyers and incentivise new builds,...

  8. Practitioners potentially ‘misled’ by ATO’s JobKeeper turnover guidance

    in April for work completed in January 2020. He is also collecting cash in April 2020 for work completed towards the end of last year. Even if his normal method for reporting GST is cash and his cash received for April 2020 is up on April 2019, he will...

  9. Practitioners left in ‘uncertain position’ as TR 2010/3 unravels

    decision with the Commissioner yet to respond. The Full Court of the Federal Court dismissed the appeal by the Commissioner last week, determining that a loan, as defined in s 109D(3) for the purposes of Division 7A of the Income Tax Assessment Act...

  10. Practice Ignition rebrands, launches new platform

    to a broader client engagement platform, helping accounting, bookkeeping and professional services businesses spark long-lasting client relationships with ease. The brand refresh follows 18 months of significant product investment, to build an even more...

  11. Practice Ignition appoints Receipt Bank manager for national customer role

    has reported a 45 per cent increase of payments processed through its platform - from $90 million to $200 million. This time last year, Practice Ignition had just reported a $5 million capital injection, and the appointment of former Intuit business...

  12. Practical advice can help clients navigate uncertainty

    Difficult decisions Just when the worst appear to be over, COVD once again brought parts of Australia to a halt. “I thought last year was hard, but this year is harder,” says Hima. “No-one knows how long this outbreak will last, and clients who worked...

  13. PowerUp: The first-ever XPM user conference is happening in Adelaide

    workflows — how jobs move through the system, how teams stay aligned, and what they’ve learned from building systems that last. See where XPM fits into the broader tech stack, how firms are reducing manual work, and why some changes have made all the...

    • Type: Article
    • Author: Account Kit
    • Category: Business
  14. Power to name and shame late payers is excessive, biased: Ai Group

    forms of legislation,” it said. The government has pursued the reforms following a review of the Payment Times Reporting Act last year which found the regime was “impenetrable” and “poorly functioning”. Small business advocates believe the long-awaited...

  15. Post-Trump corporate tax rate debate ‘misrepresented’

    between the level and allocation of cross-border investments and the corporate tax rate,” Mr Leonard told Accountants Daily last month. “Attracting foreign direct investment is the primary goal of many who advocate reductions in statutory company tax...

  16. Post-JobKeeper support to be announced ‘within days’

    at other measures. “We’re still finalising those details, but it’s a matter of days.” The announcement follows an appeal last month to the federal government from the Australian Tourism Industry Council (ATIC), Australia’s peak tourism industry body,...

  17. Post-JobKeeper jitters hitting small-business owners: Survey

    expectation that JobKeeper will extend beyond the end of March. It was always a temporary program,” Mr Frydenberg said late last month. “More than $80 billion is already out the door, and it’s helped to support more than 3.5 million Australians.”...

  18. Post-budget reflections

    Plan. Stage 2 was originally legislated to apply from 1 July 2022 which would have subsumed the limited life LMITO. However, last year’s budget brought forward Stage 2 by two years and unexpectedly extended the LMITO by 12 months to 2020–21. The LMITO’s...

    • Type: Article
    • Author: Robyn Jacobson, The Tax Institute
    • Category: Business
  19. Possible gaps and pain points for accountants ahead of the AML/CTF reforms

    newsletter to keep up to date on new and emerging risks in Australia, and in their particular sector,” she advised. Last week, Accountants Daily spoke with Grant Thornton partner Neil Jeans about how accounting practices about building an effective AML...

  20. Positive findings in review of SMEs' FY17/18 outlook

    to invest savings from the reduced company tax rate back into their business according to research from a software provider. Last week MYOB released its latest SME Snapshot which revealed that 63 per cent of small business owners are positive about the...