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  1. Tasmania reveals COVID-19 support package

    Premier Peter Gutwein has now announced a $420 million support package that will include the waiving of payroll tax for the last four months of this financial year for hospitality, tourism and seafood industry businesses. Small to medium businesses with...

  2. TASA determination could upend agents’ client lists: Tax Institute

    imposed by the determination. Exposure draft D57/2024, released by the TPB in a set of six draft information sheets last month, addresses obligations imposed by section 15. The section requires practitioners to either correct a false or misleading...

  3. Talented women vote with their feet, top firms warned

    when I hear stories about what occurs in some of the not great places to work.” “The CA ANZ remuneration report from last year talked about a pay gap, particularly at the top end of an accounting firm. So we’re talking about partners – these are the...

  4. Takeover bid for MYOB hits hurdle as stakeholder speaks out

    things, the board’s recommendation to vote in favour of the scheme cannot be supported and should not be maintained.” Late last month, MYOB directors reaffirmed their recommendation to vote in favour of the KKR bid, after no superior proposals were...

  5. Tackling the new landscape of climate reporting

    an easy-to-use platform to bridge that gap. Today, this isn’t just about doing good; it’s becoming a legal requirement. The last few years have brought rapid legislative change, and we’re here to help businesses prepare. Accountants, as trusted...

  6. Sydney man charged over $3m GST fraud

    face up to 12 years in jail after being found to have fraudulently obtained $3 million in GST refunds. The man was arrested last Thursday after a month-long investigation by the Australian Federal Police (AFP) and the ATO-led Serious Financial Crime...

  7. Sydney and Melbourne CBDs brace for 4-year economic recovery: Deloitte

    billion until the second half of 2024. “The economic toll of the pandemic on Melbourne occurred not just in 2020, but has lasted as restrictions ease in 2021, with the city having far more economic ground to recover than other capital cities,” the...

  8. Sydney accountants ‘unfazed’ by automation

    possibly because they’re nearing the end of their careers or view themselves as the most indispensable and, therefore, the last to be replaced by machines.” The report added Millennials are more worried about automation than other generations (18.10 per...

  9. Sydney accountant sentenced over BAS fraud

    charged with five other counts of dishonestly obtaining a financial advantage by deception. The matter was due to be heard last Friday but has now been adjourned to 22 October. The Tax Office said it would not hesitate to prosecute errant advisers, and...

  10. Survey reveals top accounting challenges

    number three across Australia for accountants in our research, but I think it would be higher in some states than others.” Lastly the top challenges for the team, according to the report, are keeping employees engaged and motivated, helping staff adapt...

  11. Survey reveals how Australians rate accountants

    has revealed that the percentage of Australians that rate accountants as being ethical and honest has dropped slightly from last year, but they still maintain a strong position when compared to other financial-related professions. Yesterday, Roy Morgan...

  12. Survey reveals critical lack of tax knowledge among professionals

    career in tax. To combat the shortage of tax knowledge, the Tax Institute launched a new micro-credential learning tool last month to offer upskilling opportunities for individuals and companies. As previously reported by Accountants Daily, CQ...

  13. Survey flags technology as top business challenge for 2025

    the list, given that unemployment is still at historically low levels,” he said. “The large increase in migration during the last two years will have played a part in businesses feeling they can meet their staffing needs, and there may be some...

  14. Surprising jobs figures released for accounting, finance

    broadly, which includes lawyers and accountants, was up 9.5 per cent. “The sector to suffer the weakest quarter, and indeed last twelve months, was retail and wholesale. The 4.4 per cent fall in the March quarter was less than the prior two, but...

    • Type: Article
    • Author: Reporter
    • Category: Business

  15. Surprising insights into Christmas Day workaholics

    kids and cannabis use, here are the weird, naughty and downright sad things Aussies searched online on Christmas Day last year. Ever wondered what other people get up to on Christmas Day? Accountants Daily sister publication My Business did some digging...

  16. Surprise taxes catching out property owners with big sales

    super-lots, and vertical sales, where owners of individual apartments sell together, has gained traction over the last few years, as property owners search for a higher selling price. Accordingly, global property network Knight Frank’s market report...

  17. Surprise payslip audits follow tip-offs

    rights and that we can help them.” The hospitality industry was again overrepresented in contacts to the Fair Work Ombudsman last financial year, with 18 per cent of workplace disputes recorded, a third of court actions and almost 40 per cent of all...

  18. Surging construction costs stall residential builds

    firm revealed almost 16,400 dwellings were approved but not commenced by the end of March, up from 13,800 at the same time last year, while Victoria had 10,500 approved but not started in the same period up from 5,000 the year prior. KPMG urban...

  19. Surge in payment defaults ‘a portent of things to come’

    Thompson said there were mixed economic signals but the signs were clear. So compared with the period of pandemic lockdown last year, trade receivables were up 11 per cent, retail sales were strong and even the NAB’s consumer sentiment index had...

  20. Surge in complaints frustrates ATO’s performance target

    increased the number of people that are contacting the ATO about their superannuation.” The Inspector-General of Taxation last examined the ATO’s handling of employee notification cases in 2010, handing out four recommendations to deal with the...

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