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

  1. Impending GST changes good news for SMEs

    Two mid-tier partners have said that the changes to GST introduced to Parliament last week is a good first step in helping Australian SMEs compete with overseas entities. Changes to Goods and Services Tax (GST) collection online were introduced to the...

  2. IMF urges Canberra to bite the bullet with tax overhaul

    reliefs to vulnerable households.” It endorsed increased taxes on superannuation, referencing the $3 million levy introduced last year, but said the government needed to do more to cut tax breaks for the wealthiest. “The 2023-24 budget introduced...

  3. Illegal phoenix behaviour sees director convicted

    director duties after pleading guilty to engaging in illegal phoenix activity. Appearing in the Adelaide Magistrates Court last week, Stanley Zbigniew Maka of North Adelaide, South Australia, pleaded guilty to one count of breaching his director duties...

  4. Illegal early access to super scheme sees financial adviser charged

    20 years in prison for operating an illegal early access to superannuation scheme. Fronting the Victorian Magistrates’ Court last week, Ahmed Saad, a Glenroy financial adviser, was charged with two counts of deception following an ASIC investigation and...

  5. IGTO lists agent phone line as top review area

    of them as well as their rights and obligations." Through a sample of major batch communication letters issued over the last 12 months, the IGTO plans to examine how the ATO designs and tests its written communications, processes in place to address any...

  6. IGT to handle tax complaints

    Our goal is to ensure that taxpayers and tax practitioners are treated with fairness and respect,” Mr Noroozi said. Last year, the ombudsman reported that his office had received 1,369 complaints about the ATO. The IGT has worked with the ombudsman to...

    • Type: Article
    • Author: Staff Reporter
    • Category: Tax
  7. IGT shoots down suggestion it makes ‘excuses for the Tax Office’

    garnishee notices. The email, which was sent by an ATO team leader in its Adelaide office to 12 frontline staff, said, “the last hour of power is upon us… That means you still have time to issue another 5 garnishees… Right?” The IGT subsequently found...

  8. IGT commences review into ATO’s fraud control

    a review into the ATO’s fraud control management following a request from the Senate economics references committee last week. The review, in which Mr Noroozi will examine how the ATO addresses the risk of fraud and associated issues, comes after it was...

  9. IGT clears ATO of fraud but recommends changes

    the ATO’s fraud control management follows after the Senate Standing References Committee on Economics called for a review last year, following revelations of Operation Elbrus and the allegations that former ATO deputy commissioner Michael Cranston...

  10. IGT calls for power balance at ATO

    the ATO in response to concerns of too much power being held by the commissioner. In his valedictory speech in Melbourne last week, IGT Ali Noroozi said that the ATO should implement its recommendation of a management board to oversee the development of...

  11. Ignored messages, delays causing major frustration with OSfA: The Tax Institute

    review into OSfA. Ruth Owen, Inspector-General of Taxation and tax ombudsman, officially launched her review into OSfA last month, which follows her previous review into the ATO's registered agent phone line last year. In a recent submission, the Tax...

  12. IESBA chair outlines major priorities for ethics in accounting

    told CA ANZ in a recent podcast. This follows the recent release of the board’s strategy and work plan for 2024–27 last month. Figueiredo said IESBA wants to see accountants create “good culture and governance within firms” to avoid unethical behaviours...

  13. Identifying the early warning signs of insolvency

    enlist the help of specialist business advisors. Insolvency isn’t the only option when a business is in trouble; it’s the last resort. By keeping an eye on these warning signs, business owners can act sooner if the business looks to be in trouble. This...

  14. ICB questions diploma-level entry qualification proposal

    instead, argues a professional association. In a discussion paper on the review of the Tax Practitioners Board, released last week, a consultation point raised the question of whether the primary educational qualification for a BAS agent should be...

  15. IAWO trend continues as calls are renewed for permanency

    The Albanese government revealed the extension of the $20,000 instant asset write-off (IAWO) measure as it passed the Senate last week (27 November). The IAWO was extended until 30 June 2026 in hopes it would “boost cash and incentivise small businesses...

  16. I'm not on the cloud

    • Type: Article
    • Author: Priya Murthy
    • Category: Business
  17. Hundreds join new ATO portal trial, roll-out date still under wraps

    account balances; a better view of clients’ obligations and tax history, including debt and payment plan information for the last 10 years; and an overview screen that lets you quickly see what lodgement and payment obligations need action for your...

  18. Hume warns super funds tapping into members’ money to ‘save their own skins’

    which may need to fund a separate reserve of trustee capital to meet any potential fines or penalties issued by regulators.” Last month, the Supreme Court of Queensland declared QSuper could impose a new fee on members in order to pay any regulatory...

  19. Human rights advocates welcome proposed Whistleblower Ombudsman

    Last Wednesday, the government announced a new proposal to establish a Whistleblower Ombudsman in a bid to clarify and strengthen whistleblower protections. Public consultation on a fresh package of reforms to Australia’s whistleblower laws will open...

  20. Huge spike in tax dob-ins as ATO launches new hotline

    less room to hide as the ATO launches its tax tip-off centre off the back of an over 40 per cent surge in referrals over the last year. Between 1 July 2018 and 31 May 2019, the Tax Office received nearly 60,000 reports of suspected tax evasion, the...