Assuming last is required, the following 4011 results were found.

  1. 100A draft sows seeds of uncertainty: CPA Australia

    uncertainty within the small business market.” Submissions on the ATO draft ruling on section 100A and division 7A closed last Friday (29 April) after an extension to the original deadline.

  2. 100A draft driven by demand, says ATO

    Groups Stewardship Groups since the 2014 factsheet was released,” Ms Clarke said on LinkedIn, echoing a webinar for CA ANZ last week. “The ATO has raised the application of section 100A in cases since then and that has led to calls for more detailed...

  3. 100A blue zone could be scrapped, says ATO

    and we’ll be testing how the guidance works.” Mr Ryan confirmed LinkedIn posts by ATO deputy commissioner Louise Clarke last week that a short interim guide would be available soon to help tax agents finalise trust arrangements for this financial year....

  4. 1,000+ submissions as franking credits inquiry fires up

    plan to remove refundable franking credits, with a spate of public hearings scheduled in Queensland and NSW. In September last year, the House of Representatives Standing Committee on Economics announced an inquiry into the implications of removing...

  5. 1 in 5 SMBs spend a quarter of their time on financial admin

    This is a moment to bridge the gap.” Nearly one-third (27 per cent) of SMBs experienced issues with their cash flow in the last year, while 26 per cent have slow-moving growth plans. Concerningly, the report found that 55 per cent believe they’d be...

  6. 1 in 5 small business owners cut own pay to survive: MYOB

    required,” Mr Robson said. “Despite rising costs being felt across the board, the research indicates businesses born in the last two years have emerged more optimistic and strong, and are feeling more positive about the year ahead.” “Building and...

  7. 1 in 5 accounting firms still at risk, survey shows

    surveyed, 19.4 per cent were found to be in the moderate to severe risk bands. The results are a slight improvement from last year’s survey, which found 19.8 per cent of firms at risk. Firms were analysed over a number of factors to frame a risk score,...

  8. 1 in 4 yet to switch to Online services as Business Portal retirement looms

    services for business, just three days before the ATO decommissions the Business Portal. The Tax Office is now making “one last push” to implore businesses to move to its new online service before it retires the Business Portal on 31 July after 17 years...

  9. 1 in 4 finance execs lack confidence in company data

    especially when dealing with unpredictable events. “We have been monitoring trust and confidence in financial data over the last five years and while trust levels have started to improve, the bottom line is that trust is still not nearly as strong as it...

  10. 1 in 4 businesses rejected for new loans

    in the transport and storage sector were most likely to be rejected for finance, with 60 per cent being knocked back in the last three months. Businesses in the cultural and recreational services sector were not that much better off, with 56 per cent...

    • Type: Article
    • Author: Cameron Micallef
    • Category: Business
  11. 1 in 3 workers expect 4-day weeks by 2030, survey finds

    survey said a shorter working week was already offered by their employer as a mental health initiative, up 8.6 per cent from last year. “The fact that an increasing number of companies are utilising a four-day week as a means to enhance mental health...

  12. 1 in 2 retailers expect decline in margins over Christmas

    want to maintain profit margins.” In addition, fewer retailers expect an increase in online sales this year compared with last. “With customers returning to in-store experiences, the proportion of online sales over the holiday period have declined...

  13. 1 in 2 Aussies use professional services providers, with accountants leading the way

    the highest rate of engagement out of the professional services, serving one in four consumers (26 per cent) over the last 12 months, Agile found. It noted: “This level of market penetration more than doubles the engagement rate of financial advisers at...

  14. 1 in 2 accounting firms have not adopted new tech in last 5 years

    to the research, one in two (49 per cent) professionals and their firms have not adopted any new accounting tech in the last five years, with only 14 per cent of those surveyed having adopted a new platform in the past year. Just 7 per cent have...

  15. $860m of super claimed in Q4 2018

    Over $860 million worth of superannuation was found and consolidated by taxpayers in the last quarter of 2018, but more than $17.5 billion remains unclaimed. New data from the ATO from October to December 2018 showed that more than 66,000 taxpayers...

  16. $640k refund caught in GST crossfire

    unfrozen. The whole process took about a month, with the refund arriving on 14 April and the customer getting the money late last week. He said Fortitude was a small firm and the disruption could have been worse. “We’re just fortunate with the time of...

  17. $500 exam for accountants under new education rules

    irrelevant, with the latest guidance from FASEA indicating that lobby efforts for accountants have fallen on deaf ears. Late last week, the Financial Adviser Standards and Ethics Authority (FASEA) released the legislative instrument for the exam which...

  18. $5.2m in illicit tobacco destroyed following ATO investigation

    and destroyed more than 2,700kg of illicit tobacco at a property in Pentland Hills, Victoria. Officers attended the property last week and located four acres of illicit tobacco crops with an estimated excise value of $5.2 million. The ATO said that...

  19. $4m penalty issued in R&D tax case

    miss out. “There is this constant tweaking. It causes instability in the market because people just don’t know if it’s the last change and if it’s stable. How do you budget your five or six-year innovation spending like that, what does the roadmap look...

  20. $472k in recoveries shines light on alternative reporting systems

    triggered some in the industry to consider the benefits of more broadly rolling out the taxable payments reporting system. Last week, the FWO revealed its recovery of $471,904 for 616 workers along the East Coast after auditing businesses in breach of...