Assuming last is required, the following 4045 results were found.

  1. Parliamentary deadlock exacerbates FBT, GST definition anomaly

    FBT exemption for licensed taxis will not extend to ride-sharing providers such as Uber. The ATO confirmed that view in July last year, putting it at odds with the definition of a taxi in the GST Act. Since a Federal Court decision in 2017, ride-sharing...

  2. Parliament passes new SMSF measures

    Steed said affected SMSF members would need to factor their LRBA balance into their total super balance at the end of the last financial year, as well as make changes to their portfolio if needed. “The inability to make certain additional contributions...

    • Type: Article
    • Author: Reporter
    • Category: Super
  3. Paper ‘pain points’ in Receipt Bank’s sights for 2019

    said Luis Sanchez, general manager for Receipt Bank Australia. For Mr Sanchez, this is a logical progression of trends from last year, and also parallels the experiences of the UK market. “In a lot of those larger firms we have built those relationships...

  4. Pandemic toil sees accountants earn small business $45.3bn

    sector through grants, investment guidance, or other financial advice provided by accountants and bookkeepers over the last year. Small businesses are estimated to have earned a further $8.9 billion in savings over the same period as a result of...

  5. Pandemic super withdrawals to cost taxpayers $85bn

    CA ANZ has called on the government to tighten rules around illegal access of super by SMSF trustees after the ATO estimated last month that $381 million had been illegally withdrawn from SMSFs in 2020 and $256 million in 2021. “The government needs to...

  6. Pandemic pushes long-term unemployment to new peak

    the record highs seen following the 1991 recession. As the Australian economy gears up to recover from the lockdowns of the last six months, ACOSS noted that the chances of people who are on income support finding work tend to fall the longer they’re...

  7. Pandemic delivers rewards to 40% of middle-market businesses

    the pandemic imposed major challenges on some Australian businesses, new research shows that confidence has risen over the last 12 months, as business leaders shifted their focus from consumer preferences to digitisation and digital marketing. Pitcher...

  8. Pandemic dampens career opportunities for women, exacerbates pay inequity

    Women with children will likely bear long-lasting career impacts as a result of the pandemic, new research shows, as they face reinforced gender roles and a pay gap exacerbated by the pandemic. New research released by RMIT last week shows that working...

  9. Pain or Gain? What's driving accounting firms to change technology?

    with both small and large accounting firms on implementing new business technology across Australia and New Zealand over the last 15 years has shown me that there are some clear reasons why some businesses find moving to new technology simple and others...

  10. Overdue invoices ‘cost small business $1.1bn a year’

    leaner months.” Xero data showed rental costs have rose 9 per cent year-on-year and payroll expenses 13 per cent in the last quarter of 2021 while during the January and February holiday season, revenue drops nearly 20 per cent for the average...

  11. Over-regulation of tax agents jeopardises future tax services: CA ANZ

    of recent legislative and regulatory changes. "We are concerned that none of the measures announced and implemented in the last year as part of the government response to the PwC matter have been examined at a holistic level with the view to streamline...

  12. Over half of SMSF directors yet to apply for director ID

    a director, and you’ll need to apply for your director ID,” said Assistant Treasurer Stephen Jones. “Don’t leave it to the last minute — if you’re a company director, you must apply by 30 November — so make sure you make time to get it done.”

  13. Over half of accounting firms to raise fees for services: Ignition

    and tax planning, you need to charge appropriately. “For BAS, it appears the overall pricing hasn't moved a lot in the last decade. I would have expected a greater percentage of firms charging more than $250.” Ignition’s APAC managing director, Dave...

  14. Over a hundred auditor registrations cancelled

    after they failed to lodge their outstanding annual statements. In a public communication, ASIC said that in November last year, it sent a final warning to 404 approved SMSF auditors with outstanding annual statements, alerting them that their...

  15. Over 500 limited licence applications still in limbo

    have now been granted, many of which are draft licences, ASIC commissioner Greg Tanzer told the CPA National SMSF Conference last week. “A significant number, nearly 284, have been withdrawn and returned to applicants, because they were incomplete,...

  16. Over 50,000 SMSFs contacted in late-lodgment crackdown

    she said. Earlier this year, ATO assistant commissioner Dana Fleming said following the ATO’s non-lodgement program last year, there has been a reduction in the number of non-lodgers across the SMSF population, with the number of overdue lodgers...

  17. Over 2m Aussies asked the TPB for help during the last year

    to rely on Australia’s Tax Practitioners Board (TPB). According to the latest report by the regulator, the challenges of the last 12 months only brought tax practitioners and taxpayers closer together. “As Australia and the world continued to grapple...

  18. Over 100 SMSFs to be investigated in auditor number crackdown

    cases practitioners or trustees have deliberately recorded an auditor’s number when that individual was not their auditor. Last year, the ATO also made a number of referrals to the Tax Practitioners Board after it was found they had lodged annual...

  19. Over 10% rise in dodgy tax agent tip-offs

    200 tip-offs about potentially dodgy behaviour on the part of accountants and other tax agents were reported by taxpayers last financial year, the ATO has revealed. Last Friday, the Tax Office revealed that a one-year prison sentence had been given to a...

  20. Over $53m worth of tax time errors detected so far

    or by taxpayers themselves, with over $11.9 billion in refunds processed, $270 million more compared to the same time period last year. However, according to ATO commissioner Kath Anderson, the tax office had to correct more than 112,000 tax returns,...