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  1. Foreign resident CGT law rakes in over $1bn

    in CGT assessments have also been captured in compliance and engagement activity by the Tax Avoidance Taskforce over the last two years, including $290 million in cash collected through the government’s focus on property and other asset sales by...

  2. Foreign qualifications get the nod in new education guidance

    between 2016 and 2018, making December this year the final deadline. FASEA’s latest round of guidance was released on Friday last week, you can read about how it impacts accountants here. [email protected]

  3. For some, greenhushing means it’s all quiet on the climate front

    investors, they need to reflect the true position.” Greenhushing gained currency after the World Economic Forum learned last November that nearly a quarter of the 1,200 firms surveyed had not planned to publicise their science-based emissions targets...

  4. For real, accountable feel-good, the buck stops with finance

    to be hit with a range of financial penalties. They include fines, higher insurance payments and reduced market value — the last courtesy of the fact that investors are becoming increasingly chary about putting their funds into firms that aren’t taking...

  5. Flexible workplaces yield better-rested and more engaged workforces

    The last 18 months have given experts the chance to extensively assess the value that flexible workplaces offer both employees and businesses. The shift to remote work in the wake of the COVID-19 pandemic has revealed new insights about how flexible...

  6. Flexible work seen as ‘career limiting,’ big 4 firm finds

    parental leave. Pilot Partners associate director Thomas Paul, who returned from paternity leave in the second half of last year, recently told Accountants Daily that despite paternity leave packages being increasingly available to men, there are still...

  7. Flexible work ‘recruiting limitation’ for firms on the hunt

    barriers of the non-traditional working arrangements, with some unable to shake productivity concerns. PwC’s research late last year also found workers are often fearful that taking on a flexible working arrangement will have negative cultural...

  8. Flexibility the ‘key seller’ for new staff, says MYOB

    learning on the job, and tapping professionals around them for advice," Mr Raik-Allen said. "When you combine this with our last SME Snapshot finding that showed that some 78 per cent of SMEs think that you don’t need a degree to run a business, we can...

  9. First Nations taxpayers invited to shape ATO review

    proving identity. “Aboriginal people were moved around or may not necessarily have the same phone number that they had the last time they engaged with the ATO,” Rust said. In addition, Rust said some Indigenous people have relied on financial...

  10. Firms warned against delaying audit decisions for ATO letter

    regarding the auditor independence standards until they receive the ATO’s letter have been warned they could be caught in a last-minute scramble. The ATO announced in June last year that it would be writing to firms during the 2020-21 financial year to...

  11. Firms warm up to in-house planners: Investment Trends

    Fund 360 in second spot at 89 per cent. “Accountants acknowledge the improvements made by SMSF software providers in the last 12 months, with industry-wide satisfaction increasing for all 15 key service areas measured. Satisfaction increased the most...

  12. Firms to ‘strongly encourage’ staff to get jabbed

    with all relevant information.” Businesses were advised by the Fair Work Ombudsman (FWO) and Safe Work Australia (SWA) last week to assume that employee vaccinations aren’t required, and that mandating them could expose businesses to charges under...

  13. Firms provide tips for SBR success as approval rates decline

    definitely the ‘flavour’ of the month. I think when the SBR started, the ATO were quite relaxed and what's happened over the last 18 months or two years, is that they have certainly become more stringent and closely monitored, which is good, especially...

  14. Firms in the dark on salaries, faltering on staff incentives

    per cent of SMEs don't have any strategies for staff attraction, retention or motivation, which has fallen 4 per cent since last year. Twenty per cent of SMEs reported not knowing how their wages compared to average industry wages, and less than half...

  15. Firms failing at advisory, says Smithink

    advisory services is “scary”, according to Smithink’s Mark Holton. Speaking at Smithink’s Practice Managers Workshop last week, Mr Holton said the amount of firms attempting to move into the business advisory space and failing should be a big concern...

    • Type: Article
    • Author: Michael Masterman
    • Category: Business

  16. Firms can’t take shortcuts when building AML kits

    the roles defined under the AML/CTF Act: the governing body, the senior manager, and, importantly, the compliance officer. Last, businesses should think about how they on-board clients currently, and start to understand the changes they will need to...

  17. Firm profits allocation guide ‘a very blunt instrument’

    meant the tax office approach was already out of date. “I'm worried that it's a little bit like the generals fighting the last war in that the professions have moved on, particularly the accounting and legal fraternity, and the focus is still on how it...

  18. Firing up the economy through record small biz package

    The small business package announced as part of Budget 2015 is the most significant Australia has seen The federal government is so focused on small business because these hardworking men and women are a key source of employment, providing jobs for...

  19. Fintech revenue booms amid lending squeeze

    Australian fintechs recorded a median revenue growth of 125 per cent over the last year, with the industry bullish on the back of the royal commission as accountants spot a lending squeeze. EY’s FinTech Australia Census has found that one in five...

  20. Fintech peak body pushes for e-invoicing mandate

    are considered to be included in the July 1, 2022 mandate.” Treasury’s consultation paper, which was released late last year, outlines three prospective approaches to accelerating the adoption of e-invoicing in Australia. The first option would see all...

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