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

  1. Early access to super used to pay mortgages, credit cards, bills

    over two transactions, across two financial years, once before 30 Jun, 2020 and once after. The program closed at the end of last year. According to the report, the average private household income — including salaries, investments and superannuation —...

  2. E-invoicing will reduce emissions, says PwC

    could include targeted tax concessions – such as refundable tax offsets/rebate incentives (similar to those announced in the last budget for the gaming sector) and/or allocation of grant funding from the $1.2 billion digital economy budget to target...

  3. E-invoicing explained for bookkeepers

    payment. There have also been issues with larger organisations implementing longer payment terms and waiting until the last possible moment to settle invoices. ASBFEO research estimates more than half of invoices are paid late (53 per cent) and are 23...

    • Type: Article
    • Author: Intuit QuickBooks
    • Category: Technology
  4. E-commerce rebounds ahead of peak season on surging global demand

    Latest data from Airwallex found international sales rose 80 per cent last quarter as retailers used overseas markets to drive growth. Online retailers are experiencing a turnaround after a rocky start to the year fuelled by surging international sales...

  5. E-commerce crackdown raises $1bn

    over four years, the taskforce has sought to investigate and combat the most aggressive tax avoidance arrangements. Over the last financial year, the taskforce has raised nearly $3 billion in liabilities against large public groups and multinational...

    • Type: Article
    • Author: Reporter
    • Category: Tax
  6. Dwindling demand sinks growth expectations

    40 per cent of business leaders surveyed by Ai Group said demand constraints were their primary concern, up 20 per cent from last year, followed by cost pressures at 34 per cent (down from 46 per cent). “Uncertainty, ongoing supply-side constraints and...

  7. DSS launches ‘first cloud-based platform’ to simplify client billing

    previous software products, using technology from cost recovery software firm Softlog Systems, which DSS acquired in July last year. “We’ve taken our cloud platform and then supplemented it with Softlog’s decades of technology to enable accountants to...

  8. Draft legislation released to name and shame late payers

    legislation enacts all recommendations made by Dr Craig Emerson in his review of the Payment Times Reporting Act, which last year called for an urgent overhaul of the “impenetrable” and “poorly functioning” regime. Small Business Minister Julie Collins...

  9. Draft legislation increases small-business rights to contest ATO debt recovery action

    An ASBFEO spokesperson told ifa that the legislation reflects its recommendations to government released in a report last year that called for the ATO to be prohibited from charging penalties and interest while there is a dispute about a debt. In the...

  10. Draft law for $3 million super tax reveals exemption details

    to them as a payment for a personal injury at the end of the income year, or any year prior. Individuals who died before the last day of the income year. The EM confirmed that child recipients were to be exempted from Division 296 tax on the basis that...

  11. DPP drops charges against WA accountant accused of stealing $725k

    in collaboration with a former managing director, Sharon Kia Le Heng. At a committal hearing in Perth Magistrates Courts last Friday the Commonwealth DPP said the charges against Ms Kwan, which date back to 2020, would be discontinued. The charges came...

  12. DPNs surge to over 18k as ATO ramps up activity

    exceed the pre-pandemic levels. Wind-up notices are the strictest method used by the ATO to pay their debt and are used as a last resort by the Tax Office, Darin said. “The wind-up notices during Covid were reduced to basically nothing, we’re now in a...

  13. DPNs climb to 26.7k as ATO hunts down old debts

    directors. The Tax Office has been dredging up old company debts to issue 26,702 director penalty notices worth $4.4 billion last year in a drastic ramp up of recovery efforts, latest figures reveal. It is a 50 per cent jump from the 2022-23 income year...

  14. Downsizer contributions hit new record in December: HESTA

    from spring sales flowed through. Adelaide had the most significant growth in downsizer activity of all state capitals last year, even though supply was low in the city, the super fund noted. There was a 60 per cent increase in downsizer contributions...

  15. Downsizer contributions can be time critical

    is still valid in that context. The other thing that is worth noting, and we've only really seen this highlighted in the last couple of years, is that the contribution itself does not have to come from the proceeds of the sale.” Dunn said this means...

  16. Doubts linger over incoming SG legislation

    for SG, yet you haven't satisfied payroll tax, you might then get a knock at the door later.” Impact on clients As reported last week, some bookkeepers are finding clients are actively enquiring about the amnesty and are working under the assumption...

  17. Double-dip and risk an audit, warns ATO

    providing incorrect information.” Mr Loh said one in three Aussies claimed working-from-home expenses in their tax return last year and the ATO expected this trend to continue. He said a common mistake was using the working-from-home shortcut method to...

  18. Don’t shy away from consumption tax reform, government told

    to stimulate economic growth, argues one big four firm. With the government’s full tax cut plan passing parliament last week, PwC tax leader Pete Calleja has now called for a focus on additional reform to help steer Australia on the right economic path,...

  19. Don’t risk your integrity at the expense of client relationships

    firm has a proven tax audit insurance offering in place – Audit Shield. You opted to accept this coverage when it was last offered. Your accountant explains that any additional fees would be covered and that there is no additional payment necessary for...

    • Type: Article
    • Author: Accountancy Insurance
    • Category: Business
  20. Don’t get sued by your own AI: a 5-step governance framework for partners

    in plain sight Most partners assume their firm has AI under control. There's probably a policy somewhere. IT approved a tool last year. But here's what's actually happening: staff are using AI tools the firm doesn't know about, on client data the firm...