Assuming last is required, the following 4012 results were found.

  1. Federal Court dismisses ASIC’s case against liquidator

    legal battle against the regulator with the Federal Court dismissing proceedings brought against him. The Federal Court late last week dismissed ASIC’s case against Jason Bettles, a registered liquidator and partner at Worrells Solvency and Accounting....

  2. Federal Court dismisses appeal in tax dispute over settlement payment

    represented the commutation of the taxpayer's income protection benefit into a lump sum payment. The decision handed down last week, Sladden v Commissioner of Taxation [2024] FCAFC 122, involved a $1 million insurance settlement sum that was received by...

  3. Federal budget: The accounting profession delivers its verdict

    changes, say accounting bodies and business advocates. Treasurer Jim Chalmers handed down the 2024-25 Federal Budget last night which contained significant investment towards a shift towards clean energy and cost of living relief. CPA Australia said...

  4. Federal budget tipped to bring extra ATO funding, compliance activities

    so we’re not expecting to see anything on that,” said Mr Drum. A move to standard deductions was widely predicted last year, as the ATO made several high profile statements and speeches about the state of work-related deductions. Instead, the government...

  5. Federal budget confirms major tax changes to trusts, CGT

    can undermine confidence and increase complexity for investors and their advisers." The government also announced late last week that it would make the instant asset write-off (IAWO) a permanent feature of the tax system, as contained in the budget. The...

  6. Federal budget 2021: Old jobs, new tricks?

    98 per cent loan-to-value ratio at a time when housing is running hot. Australia’s housing market hit $8.1 trillion in value last month, surpassing the combined values of listed shares, superannuation and commercial real estate by $1 trillion....

    • Type: Article
    • Author: Jo Masters and Johnathan McMenamin, EY Oceania
    • Category: Business
  7. Federal and state support packages criticised for leaving sole traders behind

    The $250 million Victorian business support package and federal COVID disaster payment announced last week have each attracted mounting criticism over eligibility criteria that exclude a large cohort of small business owners. Victoria’s doubled-pronged...

  8. Fed Court ruling tipped to unleash tax ‘bombshell’

    especially in light of the fact that many businesses use trusts as the vehicle to operate their business,” he said. Late last year, partner at Queensland law firm Small Myers Hughes, David Hughes, told Accountants Daily he thinks trusts are out of...

  9. Fed court decision a lesson for bookkeepers

    leave is a lesson to bookkeepers to advise on the careful examination of applicable modern awards, says one association. Last week, the full federal court upheld a decision that casual truck driver Peter Skene was entitled to leave provisions under the...

  10. Fears mount over Division 7A silence

    to,” Mr Athanasiou told Accountants Daily. “My fear is that the worst-case scenario is that we get legislation at the last minute that is just rammed through Parliament. “Even if Treasury has done some type of targeted consultation, there’s just not...

  11. Fear prevents businesses on the brink from calling in SWAT squad

    calls or emails – that’s a big red flag that you need to inject yourself in there to ask them how they’re going, and get the last financials and see if there’s a way you can help.” Another reason directors failed to reach out for help was a lack of...

  12. Fear of failure, skills gap stifle aspiring business owners

    starting a business, VistaPrint said. Its research, which surveyed a nationally representative sample of 1,010 Australians last month, found only 4 per cent of workers had a clause in their employment contract preventing them from starting a side...

  13. FBT, CGT exemption draft legislation surfaces

    Draft legislation for two federal budget announcements last October has now been released, including measures to exempt employers from the 47 per cent fringe benefits tax and to provide capital gains tax exemption for granny flat arrangements. FBT for...

  14. FBT red flags marked by ATO for 2019 lodgement

    to report benefits, incorrectly applying exemption for vehicles or incorrectly claiming reductions for these benefits. Just last year, the ATO issued PCG 2018/3, explaining when the commissioner will not apply compliance resources to determine if...

    • Type: Article
    • Author: Reporter
    • Category: Tax
  15. FBT exemption, LMITO tax bill introduced into Parliament

    of the LMITO for a further 12 months comes after the government announced a similar extension in its October federal budget last year despite backdating its stage 2 tax cuts to 1 July 2020. Mr Frydenberg stressed that the extension of the offset was a...

  16. FBT exemption for retraining employees locked in

    the employer reasonably expects the employee to be redundant but has not yet been made redundant. Making the announcement in last year’s federal budget, the government hopes the measure will provide an incentive for employers to help their staff...

  17. FBT considerations for the festive season

    hand, if you want to go all out, at least this way you will know the true cost. Why does this even matter? I had a client last year who took their staff out for a nice sit-down lunch: you know the type, cocktails, nice wine, the type where you are...

    • Type: Article
    • Author: George Morice
    • Category: Business
  18. FBT changes hit car parking arrangements

    fringe benefits taxation ruling could see more business clients subject to fringe benefits tax, says one mid-tier firm. Last week, the ATO released draft taxation ruling 2019/D5, detailing conditions considered as providing a car parking benefit. The...

  19. Fast-tracked tax cuts could catch taxpayers out

    could throw up some significant curve balls for shareholders and companies who fail to plan ahead, says one mid-tier. Last week, the government announced it would accelerate the already legislated tax cuts for business under $50 million by bringing it...

  20. FASEA September test pass rate remains low

    all financial advisers who have yet to pass the exam the option to sit the November exam irrespective of the timing of their last sitting. Financial advisers were previously only allowed to register for the next exam sitting three months after their...