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  1. Remove the 5 IT roadblocks to success

    by overcoming these key information management challenges. The transformation of the accounting industry over the last decade has illustrated the importance of being innovative if firms are to remain profitable in changing markets. Disruptions have been...

  2. Remote working motivates almost 50% to plan a tree change

    away from the office they had become comfortable with the possibility of living away from their employer’s base. “The last few years have given some employees the confidence that remote work is viable for them,” said Ms Baullo. “This has opened up a...

  3. Remote access scams jump by 184%: ACCC

    The increase in such scams has resulted in more than $7.2 million being stolen this year, a 184 per cent increase from last year. Almost 6,500 individuals have now reported such scams, which see scammers attempt to convince victims to download software...

  4. Remember, ongoing career planning is vital

    life. One of the first activities whenever you take on career planning is spend time mapping out your career path since the last time you did any sort of planning. While you should not dwell on your past, taking the time to review and reflect on the...

  5. Relief in sight after ATO’s massive tech failure

    systems, such as the Tax Agent Portal and the BAS Agent Portal, is looking more promising for accounting professionals. Late last year, the ATO experienced significant issues with its online systems, resulting in major outages across its key portals for...

  6. Relief for SMEs with ATO deadline extension

    it is willing to work with all superannuation sector participants, including employers, to deliver the best outcome." Late last week, MYOB research indicated that as many as one third of Australian SMEs were running the risk of not complying with the...

  7. Relief for accountants as ATO extends SMSF lodgement deadline

    is set to be released today to confirm the change. This is the second year in a row the deadline has been extended. As with last year’s extension, the ATO acknowledges professionals may need more time to cope with significant legislative and regulatory...

  8. Reliance on bracket creep risks record-high income taxes

    tax receipts, meant that income tax would eventually make up almost half of total tax revenue, approaching historical highs last seen in the mid-1980s. The report by the PBO, released Thursday (15 November), warned that “unless other sources of revenue...

  9. Rein in ‘enormous’ big 4 partnerships, small firms urge

    are limited to 50 people, and legal partnerships are capped at 400. Witnesses previously told the committee during hearings last year that the model, which was outside the scope of the Corporations Act, meant the firms could operate with “absolutely no...

  10. Regulator not afraid of AML enforcement

    banks have shown, AUSTRAC will really want to see that the board is taking this issue seriously”. Don’t rely on consultants last-minute – Demand for compliance advisers will skyrocket as deadlines approach so “get the right advice early in the piece”....

  11. Register .au domain or face steep costs, lawyer warns

    take up domain names just like theirs.” “With all the challenges small business owners and leaders are facing now, the last thing anyone needs is someone ripping off their domain name.” The domain administrator said there had been substantial uptake of...

  12. Refreshed R&D tax incentive guidance launched

    has now been released by the government. The guidance comes after reforms to the R&D tax incentive passed Parliament last month, following the government’s commitment to invest $2 billion in the incentive. Minister for Industry, Science and Technology...

  13. Reforms to wholesale investor rules desperately needed: CPA

    grow, this is leading to increased risk for consumers. “A major concern is that the thresholds have not been adjusted in the last two decades,” said CPA Australia’s head of policy Elinor Kasapidis. “We are concerned that some people are being placed in...

  14. Reforms needed to relieve burden on states

    PwC has called for major tax reform to relieve the increased debt burden placed on the states by last week’s federal Budget. Releasing PwC’s analysis of the Budget, PwC partner Paul Abbey said reforms are required to decrease the ballooning debt of...

    • Type: Article
    • Author: Michael Masterman
    • Category: Regulation

  15. Reduction to CGT discount could help abolish stamp duty: Grattan

    substantial economic reform that would also improve housing affordability. The Grattan Institute said in its submission late last year that the CGT discount had overcompensated property investors over the past 25 years. "Since the introduction of the...

  16. Redraw blurred lines between work and home, ATO warns

    messages for businesses this year. “It’s been around for a while as an issue, but probably as we’ve all experienced over the last few years, some of the lines between work and home have blurred as we’ve gone into lockdowns and many business owners –...

  17. Redefining the tax profession with women at the forefront

    irrespective of gender. I had witnessed other occupations where gender balance was heavily weighted in favour of men. Last year, I celebrated my own milestone … 30 years in the profession. Over these years, I’ve experienced and been witness to...

  18. Red-tape savings passes the House

    Representatives. The federal government successfully passed the Paid Parental Leave Amendment 2014 through the Lower House last night. The minister for small business, Bruce Billson, said if passed by the Senate, the legislation will mean business will...

    • Type: Article
    • Author: Michael Masterman
    • Category: Regulation

  19. Red tape: the handbrake on small business productivity, competitiveness

    to tackle consistently was estimated to have added at least $5.5 billion in business-related compliance costs over the last five financial years. In a new report, ACCI said it had highlighted the increasing complexity of Australia’s regulatory...

  20. Red tape ‘strangling’ small businesses: ACCI

    businesses are feeling neglected in the current economy and many are considering closure, according to ACCI research. In the last 12 months, 45 per cent of small business owners have considered leaving or shutting down their business, as revealed by the...

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