Assuming last is required, the following 4045 results were found.

  1. ‘No action warranted’ until Labor provides CGT and negative gearing clarity, says Tax Institute

    discount has raised questions around its transition policy, with investors being warned against taking action immediately. Last Friday, shadow treasurer Chris Bowen announced that Labor, if elected, would set a 1 January 2020 start date to begin...

  2. ‘Nirvana’: ATO promises more goodies post-online services rollout

    account balances; a better view of clients’ obligations and tax history, including debt and payment plan information for the last 10 years; and an overview screen that lets you quickly see what lodgment and payment obligations need action for your...

  3. ‘New and significant’ merger for mid-tier

    a financial advice firm has joined its network, in a bid to up its national presence in the wealth management space. Late last week, HLB Mann Judd announced that Sovereign Plus has joined its Perth division of accountants and advisers. Sovereign Plus...

  4. ‘Naughtiest kid in the class’: former KPMG Australia COO grilled at hearing

    said she would not receive entitlements such as accrued annual leave or retirement payments, and she was not paid for the last month until the date of her expulsion. Hoggett admits to writing email about confidential documents in locker During the...

  5. ‘Name and shame’ proposal for tax dodgers cops backlash

    and entities connected to illegal phoenix activities has its merits but more needs to be done, says industry voices. Last week, Labor announced that if it came into government, it would introduce measures to allow the commissioner of taxation to “name...

  6. ‘Most hated tax’: Treasury’s payroll tax positions knocked

    the results do not match up to public feedback received during its Small Business White Paper roadshows across Australia last year. “When we asked business owners what the most hated tax was, payroll tax, by far, comes up as the number one,” said Mr...

  7. ‘More harm than good’ feared in push for upped ATO powers

    against granting additional powers to the Commissioner of Taxation in its bid to clamp down on the black economy. Late last year, the Treasury released a consultation paper outlining several recommendations aimed at improving black economy enforcement,...

  8. ‘More Australians in work than ever before’: Frydenberg

    for the month, a level unseen since 2014, as hours worked rose to levels unseen since before the pandemic took hold in March last year. “Employment and hours worked in March 2021 were both higher than March 2020, up by 0.6 [of a percentage point] and...

  9. ‘Monster levy’: Accounting bodies slam ASIC fee hike

    offering financial advice forced out of the space. The pushback follows the latest industry funding levies published by ASIC last week, which will see an accountant holding an Australian financial services (AFS) limited licence exposed to $3,926 in fees...

  10. ‘Material decline’ in corporate insolvencies

    published its yearly review of corporate insolvencies, which based on statutory reports lodged by external administrators last financial year. The reports show a “material decline” in reports received during the 2016/17 financial year, down almost 18...

  11. ‘Marked increase’ in directors seeking help with DPNs

    fact that within the ATO system, a lockdown DPN has been issued.” He said the ATO’s resumption of debt collection activity last year was chasing collectible debt of almost $45 billion, up from a pre-pandemic figure of less than $27 billion. “That’s...

  12. ‘Many’ practitioners already compliant with new code rules: TPB

    practitioners will already be complying with the new requirements”. In a web page containing 13 frequently asked questions last week, the TPB has offered practitioners several tips for compliance and laid out its consultation timeline with less than two...

  13. ‘Many hundreds’ of Australians feared to be caught in tax evasion arrangements: ATO

    their taxation obligations. “Tackling the abuse of correspondent banking arrangements was at the heart of our direction last month, and we are looking beyond just a single financial institution in Central America. And again, I have fears that there may...

  14. ‘Mandate cash acceptance or risk disaster’

    in our economy and all communities have cash available when required." A Change.org petition started by the campaign group last year has also amassed over 160,000 signatures in 10 months. The petition called for access to banking services in addition to...

  15. ‘Major step forward’ for members locked in with CPA board

    are in public practice will have access to a group member’s professional indemnity excess insurance policy at no cost. Late last month, CPA Australia confirmed it couldn’t renew its current Professional Standards Scheme, which expires on 7 October, in...

  16. ‘Looking like a rough start’: SMEs set to feel the pinch as CPI spikes

    Following last week’s spike in December inflation data, economists are warning small businesses to brace themselves to feel the impact. Last Wednesday (28 January), the Australian Bureau of Statistics (ABS) released the headline CPI figure, which came...

  17. ‘Little to celebrate’ in labour market data

    A slight rise in unemployment and fewer accounting job ads last month do not signal an end to the talent drought, says CPA Australia. The jobs market remains the biggest challenge for businesses despite a slight rise in the August unemployment rate,...

  18. ‘Like banging heads against a brick wall’: agents blast client linking

    tired of doing the ATO’s work” as they spend hours helping clients navigate the complex regime. Exasperated tax agents have blasted the ATO’s client-agent linking (CAL) as a “ridiculous” regime that has caused wasted hours, lost clients and feels akin...

  19. ‘Large preparers to suburban accountants’ copped ATO audit

    of the profession” and have the right processes and checks in place; two, agents who are making “avoidable mistakes”; and lastly, a small number of 500 tax agents who fail to go by the law. “The second group, and that’s by far the largest, are those...

  20. ‘Just days left’ until crucial compliance deadline

    June deadline; however, we will not be granting any further extensions for businesses who have not implemented SuperStream.” Last month, a survey by MYOB found there was confusion in the marketplace about SuperStream. “The ATO has announced big changes...