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

  1. ‘Critical’ 31 October deadline looms for new JobKeeper enrolments

    entrants have been urged to get a move on a key deadline this Saturday. While the JobKeeper extension kicked in late last month, the ATO has allowed employers until 31 October to meet the wage condition for all employees. New JobKeeper entrants will...

  2. ‘Creative’ tax solutions feared in franking credits fallout

    going to take for the bank to get it to market or for the commissioner to catch up and say we don’t want to do this.” Late last year, a survey conducted by SuperConcepts showed that 72 per cent of SMSF trustees surveyed would change their investment...

  3. ‘Covid changed merger dynamics, tech has become a wildcard’

    of a succession outcome – there's always people trying to cash in from an economic point of view,” he said. “But over the last couple of years, the M&A activities have been around sole practitioners not wanting to be alone any more. What I see now is...

  4. ‘Consistent approach’ critical to reforming SMSF advice model

    this area must ensure a “consistent consumer experience” regardless of what type of professional a client sees. In November last year, the government stated that it would support, in principle, a recommendation from the review of the Tax Practitioners...

  5. ‘Confidence gap’ costing Australians money at tax time: H&R Block

    found that Australians were using a shortcut approach to their tax returns, as almost half spent one hour or less on their last return. More than a third took a shortcut approach to work-related deductions, including using fixed rates, repeating last...

    • Type: Article
    • Author: Matthew Taylor
    • Category: Tax
  6. ‘Complex’ case sees tax fraudster convicted

    in fraudulent BAS statements. Hightrade executive Song (or Peter) Chang was sentenced to five and half years in jail late last week. According to a statement from the ATO, between 2002 and 2007, Mr Chang conspired to defraud the Commonwealth of $10.5...

    • Type: Article
    • Author: Reporter
    • Category: Tax
  7. ‘Comparative analysis’ needed in light of new ECPI reforms

    a comparative analysis of which method provides the best outcome will be important for certain SMSF clients, said Accurium. Last week, a bill to amend the exempt current pension income calculation rules in the Tax Act was passed in both houses of...

  8. ‘Community expectations have changed’: TPB signals new regulatory focus

    Tax agent terminations spiked by 208 per cent in the last financial year, with complaints and referrals increasing by close to 30 per cent as the Tax Practitioners Board ushers in a new era of regulation. Total sanctions against practitioners jumped by...

  9. ‘Common sense’: Government bows to super tax pressure

    we are continuing to deliver on our longstanding commitment to better target superannuation concessions that we took to the last election.” Chalmers said the announced changes would mean: The total concessional tax rate applied to earnings on balances...

  10. ‘Clock is ticking’ for payday super legislation, says SMC

    over one year from 2021–22. It was also demonstrated Australians have missed out on $41.6 billion in unpaid super over the last nine years. The average affected worker missed out on $1,800 in super in a year, which equates to more than $30,000 less in...

  11. ‘Clients might be facing a tax bill’: Defined benefit income changes flagged

    Daily, RSM partner Katie Timms said the changes were the other half to the transfer balance account changes which kicked in last year. “The problem that they had when looking at defined benefit income streams is that they actually don't have an account...

  12. ‘Clear message’ to accounting firms with first-of-its-kind penalty

    Circuit Court found it facilitated underpayments by its client, fast food operator Blue Impression. In a statement released last week, the regulator said “trusted advisers” will be targeted where they are knowingly involved in the exploitation of...

  13. ‘Changing the accounting game’ with AI: Intuit QuickBooks

    of an entire toolkit that previously didn't exist. No, but what has happened subsequently and has happened over the last couple of years is that what was traditionally the preserve of the larger consulting firms or the larger accounting firms, you're...

  14. ‘Catalyst for change’: Data reveals benefits of Right to Disconnect law

    of always being ‘on’, this is your moment to reset.” For the businesses that have operated with this right in place for the last 12 months, data from Robert Half revealed 56 per cent of employers had received formal complaints, concerns or requests from...

  15. ‘Cash grab’ accusations at ATO investigated, findings released

    accusations of “cash grabs” and improper staff incentives, has been released today. A current and former ATO officer alleged last year that the ATO gave directions to staff to issue garnishee notices in every case as a “cash grab” towards the end of the...

  16. ‘Canary in the coalmine’: Accountants fear economic downturn

    accountants surveyed reported an increase in the number of enquiries they’d received related to financial distress in the last month. Financial distress wasn’t limited to areas in lockdown, either, with 38 per cent of respondents unimpeded by lockdown...

  17. ‘Bullish’ Moore Australia shakes up leadership team

    a “bullish” outlook that bucked trends seen by its larger competitors. “In the wake of the big four media coverage over the last few years, we are seeing clients and staff alike make more considered choices,” national chairman David Tomasi said. “Our...

  18. ‘Breach of transparency’: ATO called to disclose lodgement statistics

    receiving over 1.7 million individual tax returns in the first two weeks of July, a 12 per cent increase on the same period last year. H&R Block director of tax communications Mark Chapman, who sits on the TPSG, said the ATO’s refusal to share lodgement...

  19. ‘Brace yourselves’: Imminent holiday home tax changes on the horizon

    Following the ATO’s “out of the blue” holiday home deduction announcement late last year, the IPA has called for additional clarity for taxpayers and accountants. In November last year, the ATO withdrew its existing ruling on rental property deductions...

  20. ‘Bottom of political barrel’: Profession slams Labor’s attack on accountants ‘rort’

    to a particular figure,” said Professor Deutsch. “It is distortionary.” The ATO’s scepticism Commissioner Chris Jordan had last month questioned the basis of the proposal, noting that the millions that Labor were pointing to were probably down to...