Assuming last is required, the following 4077 results were found.

  1. ‘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...

  2. ‘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...

  3. ‘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...

  4. ‘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...

  5. ‘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...

  6. ‘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...

  7. ‘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,...

  8. ‘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...

  9. ‘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...

  10. ‘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...

  11. ‘JobKeeper must come to an end’: Employment bounces back to a pre-pandemic level

    point below the rate it was in March 2020. Hours worked by women are 0.6 of a percentage point above what they were in March last year, while hours worked by men remain 1.6 per cent below. “Hours worked increased across all of the states and...

  12. ‘It’s going to be a big one’: tax veteran says to brace for 2018 PLS rollout

    lot of back-office and backend work to get this PLS running, but I know from what I heard, there were some criticisms of it last year that it wasn’t really working effectively. But I do know the tax office has put a lot of time into making sure they get...

  13. ‘It slows growth’: Morrison slams Victorian budget

    has accused the Victorian government of being “addicted to higher taxes”, after slamming the state’s budget released last week. Speaking from Hillwood Berry Farm in Tasmania, a stop on his government’s federal budget tour, Prime Minister Scott Morrison...

  14. ‘It hurts’: ATO credit card ban another hit to small business

    subject to multiple changes in the past few years. “There’s been a couple of different things that have happened over the last year or two. They started off with restricting taxpayers from claiming deductions for general interest charge (GIC) and...

  15. ‘Inexplicable and unacceptable’: Melbourne accounting firms face reopening delays

    health services being accessed under Medicare for the same four-week period up to 11 October in Victoria compared with last year, while it has been only an 8 per cent increase in NSW and 7 per cent nationally.” Business Council of Australia chief...

  16. ‘I want grace’: Assistant Treasurer fields tax agents’ ATO gripes

    of tax agents by the ATO, and said he backs of model of ‘graceful’ conduct and communication. At the IPA’s National Congress last week, Assistant Treasurer Stuart Robert fielded a question from an audience member who complained of the poor culture at...

  17. ‘I had no off switch’: Rod Drury reflects on time as head of Xero

    software firm for the past 12 years, admitting to being unable to find optimal work/life balance. “I flew every week for the last two years and, really, for the last 15 years, I’ve flown at least every week or two. While I like to think I was a good...

  18. ‘I came here thinking success would come quickly’

    her lack of English was a barrier to getting almost any job and the $15,000 in her bank account, which she thought would last a year, ran out in three months. “I did have a degree in Russia and not only a degree, I also had a very successful career,”...

  19. ‘Huge frustration’ with new requirement for accountants

    made during the three-year transition period of July 2013 to July 2016. Sixty-six per cent of applications were made in the last four months of the transition period, and 38 per cent of applications were lodged in June 2016.

  20. ‘How will the ATO possibly know?’: Tax Office cracks the whip on crypto transactions

    as the Tax Office acts on the “fruit of its labour”. The ATO’s cryptocurrency data-matching program, announced in May last year, has now resulted in an undisclosed number of letters being sent out to taxpayers, warning them to come clean with their...