Assuming last is required, the following 4010 results were found.

  1. TPB highlights risky agent behaviour ahead of crackdown

    such practitioners. The joint compliance program has already seen a 25 per cent increase in referrals from the ATO over the last financial year. “Increasingly, our actions have become more coordinated with the ATO,” said Mr de Cure. “For example, the...

  2. TPB highlights area of focus for tax time 2018

    TPB chair Ian Taylor said the ATO’s focus on clothing and laundry expenses is “fair” considering the number of claims seen last year. “One of the real areas that Chris Jordan has pointed out is that at the moment there is the ability that there is no...

  3. TPB has no plan to suspend PwC despite leaks

    of documents related to the much-maligned firm’s tax leaks. After being appointed as chairman of the Tax Practitioners Board last Friday (26 May), Peter de Cure fronted the Senate Economics Legislation Committee and said the regulator had imposed...

  4. TPB forces 1,300 PwC staff back to ethics school

    and tax confidential consultations. PwC has sent more than 1,300 tax staff back to ethics school to comply with a TPB order last November after the sharing of confidential Treasury plans by former international tax boss Peter Collins. The TPB also...

  5. TPB flags priority item for tax agents with ASIC

    about that,” Mr Taylor said. Mr Taylor also recently flagged a focus on offshoring practice with tax agents, as reported last week. The TPB recently released an exposure draft providing new guidance for tax practitioners on outsourcing and offshoring,...

  6. TPB flags further ‘significant’ budget cuts

    see a “significant reduction” in the TPB’s operating budget, according to its annual report which was tabled in parliament last week. The TPB’s new allocation is $14.319 million, a reduction of $2.677 million from the previous year. “These new budget...

    • Type: Article
    • Author: Katarina Taurian
    • Category: Business
  7. TPB eyes sanction spike through joint ATO compliance program

    Board and the ATO look to further develop a joint compliance program. The joint compliance program, which was initiated last year, has already seen the ATO refer 245 matters to the TPB in 2019–20, a 25 per cent increase in referrals from the previous...

  8. TPB drills in code breach potential with new data laws

    (APP) entities, as well as tax file number (TFN) recipients to the extent that TFN information is involved in a data breach. Last month, the TPB released guidance announcing that tax practitioners who failed to comply with the NDB scheme could face...

  9. TPB defends termination process

    and Management Accountants (ATMA) as a recognised tax agent association. Following comments published on AccountantsDaily last week in which ATMA president Bob Duncan expressed disappointment with the TPB’s handling of the matter, the board defended its...

    • Type: Article
    • Author: Staff Reporter
    • Category: Business
  10. TPB continues compliance crackdown on PwC, broader industry

    over 1,100 whistleblower complaints having been received by the watchdog. The whistleblower arrangements were introduced last year on 1 July to individuals who ‘blew the whistle’ about related entities to the TPB to assist it in performing its functions...

  11. TPB confirms rego termination for jailed agent

    it terminated the registration of the Sydney tax agent jailed for tax fraud and money laundering ahead of his sentencing. Last week, the Sydney District Court sentenced Md Zahidul Kabir to five years in jail after being convicted of taking more than...

  12. TPB bans agent for $3.75m in bogus BAS claims

    in the integrity of the tax system and profession.” “Our new expanded compliance program, announced by government late last year, has given the TPB much-needed resources to proactively target these high-risk tax practitioners, to address misconduct and...

  13. TPB aims to reduce red tape, increase automation

    professional associations, building on initiatives such as the Tax Practitioner Governance and Standards Forum established last year. More rapid adoption of technology was a key feature of the TPB’s strategy, Mr Klug said, with the goal of reducing the...

  14. TPB addresses industry whistleblowing

    which indicated that accountants are afraid to blow the whistle on their colleagues. As reported by AccountantsDaily late last year, The Audit & Risk Recruitment Industry Survey 2015, conducted by global job board careersinaudit.com, collected responses...

  15. Toyota returns $18m in JobKeeper payments

    it has approached the ATO to return more than $18 million in JobKeeper payments after a spike in sales towards the end of last year. Toyota Australia president and CEO Matthew Callachor said the move was the “right thing to do as a responsible corporate...

  16. Townsends slams ASIC’s view on SMSFs

    an SMSF with a starting balance of $200,000 or below is unlikely to be in the client’s best interests comes under fire. Late last week ASIC released new SMSF advice guidance, which made clear ASIC’s view of SMSFs with a $200,000 or below starting...

    • Type: Article
    • Author: Staff Reporter
    • Category: Super
  17. Tougher enforcement needed on client verification, says OCR Labs

    impersonating well-known Australian companies and using personal details to gain trust,” explained Mr Micale in a speech last month. Mr Micale said that verifying the identity of new clients was critical with some tax agents being unwittingly caught up...

  18. Torrent of disapproval greets CA ANZ finances

    remuneration for key executives rose with chief executive Ainslie van Onselen the top earner on $940,000, up from $877,500 last year. Other winners included marketing chief Simon Hann, whose pay rose 9 per cent to $540,360, and member engagement group...

  19. Top tips to manage cash flow in the era of COVID-19

    and the purchase of new assets may require interest payments and insurance premiums. Work with your client to use last year’s bank statements as a checklist while anticipating any new incomings and outgoings for the next 12 months, based on internal and...

    • Type: Article
    • Author: Chris Pattas, Sage
    • Category: Business
  20. Top tips to ensure payroll compliance and clarity for employees 

    worked at that rate the amount of pay at that rate 9. if the employee is paid an annual rate (salary), the rate as at the last day in the pay period 10. any deductions from the employee’s pay, including: the amount and details of each deduction the...

    • Type: Article
    • Author: ADP Australia and New Zealand
    • Category: Regulation