Assuming lead is required, the following 1487 results were found.

  1. ‘The silver tsunami’: SMC calls for super system reforms

    the best retirement income solution for them, preservation of flexibility and retiree choice, and fixing issues that lead to dual super accounts for retirees. The SMC said reform must be taken seriously and put into action, as in 2024–25, around 64 per...

  2. ‘The practical reform we’ve been advocating for’: CA ANZ, CPA welcome IAWO changes

    asset‑purchase decisions since the pandemic. Both CA ANZ and CPA have welcomed the move. CPA Australia business investment lead Gavan Ord described the decision as “a critical step toward giving small businesses the certainty they have long been calling...

  3. ‘The devil will be in the details’: Concerns raised over tax reform proposal

    added more fuel to the public debate on tax reform, yet was sceptical that an increased tax burden on large companies would lead to a more dynamic and resilient economy. Chris Freeland, chief executive of CPA Australia, said the Commission’s “audacious”...

  4. ‘The ATO is here for you’: Commissioner Chris Jordan reiterates support for tax profession

    cheaper, and safer for the tax profession, businesses and individuals to interact with government. The ATO is taking a lead role in delivering better whole-of-government services for the Australian community.” Central to this, Mr Jordan said, is the...

  5. ‘Strange anomaly’ in GST law may catch tax agents out

    entity subject to GST but you don't carry on a business, their threshold is actually $2 million, not $10 million. “It could lead to some fairly serious errors but apart from that it's going to affect them in that they have to explain to their clients...

  6. ‘Revenue grab:’ practitioners slam 30% trust distribution tax

    a policy it had proposed back in 2019: a 30 per cent minimum tax on discretionary trust distributions. Jenny Wong, tax lead at CPA Australia, said such a policy would amount to a “revenue grab,” adding that the timing and lack of detail were causing...

  7. ‘Particularly reprehensible’: Caps on tax affairs deduction slammed

    potentially leaving them worse off. “If the maximum deduction is limited to $3,000, we are concerned that this cap will lead taxpayers to limit their advice to a dollar amount, not what is required for them to have their tax affairs in proper order,”...

    • Type: Article
    • Author: Jotham Lian
    • Category: Tax
  8. ‘Over a third’ of accountancy tasks could be automated by AI

    report found the key driver of value for generative AI in the sector is its ability to automate routine tasks, which lead to more time invested in higher-value thinking. Along with the automation of 36 per cent of accountants’ tasks, the research said...

  9. ‘Our profession can demand a lot’: CA ANZ joins mental health debate

    important in their communities; they can be in a position to help someone seek help, particularly because other issues can lead to financial difficulties. “Our profession can demand a lot from us, and therefore it is important that our professional body...

    • Type: Article
    • Author: Reporter
    • Category: Business
  10. ‘Nowhere to hide’: New gig economy reporting regime set to debut

    just becomes too big to ignore. “Participants will have nowhere to hide once the reporting regime takes hold which will lead to a level playing field with other sources of income such as wages.”

  11. ‘Now is the time to support the arts’: GST reform to bolster NSW arts sector

    platforms for the creative industries to flourish, coupled with limited intervention and strategic investment would likely lead to further, perhaps even irreversible, decline for the arts in Australia.”

  12. ‘No silver bullet’ in accounting ecosystem

    solution and take a leap forward to reap the benefits of quality data, say industry experts. PwC digital innovation global lead Scott McLiver believes access to better data can provide accountants with key insights into a client’s business, including...

  13. ‘No need to buy payroll software’: ATO fronts STP confusion

    and internet banking alternatives being explored. Speaking on the ATO’s webcast yesterday, Assistant Commissioner and STP lead, John Shepherd confirmed that micro businesses – those with one to four employees – will be provided with different options to...

  14. ‘No blanket extensions’: ATO set to contact 150,000 in STP push

    for large employers, and it’s 1 July 2018. That won’t shift, that is the date they need to start reporting by,” STP program lead at the Australian Tax Office (ATO), John Shepherd, told Accountants Daily. There is a process for deferrals in place, which...

  15. ‘More to learn’: ATO on payroll compliance fears

    regime for the smaller end of town as a “compliance stick”. Speaking on the ATO’s webcast, Assistant Commissioner and STP lead, John Shepherd said that the Tax Office would have to learn more about payroll processes to understand what is and what is not...

  16. ‘Mindset, structure, culture’: Key themes to thriving advisory

    to provide the service to its full potential, according to advisory expert Brent Szalay. Brent Szalay, managing director of Leaders in Business, said from his experience in training accountants on their advisory skills, he had identified 12 traps he...

  17. ‘Let the real work begin’: Payday Super laws pass parliament

    regulations are practical, delivering a smooth transition for employers, payroll providers and funds alike. ASFA will lead that work on behalf of the sector.” Treasurer Jim Chalmers revealed the legislation would ensure a benefit to the retirement...

  18. ‘Lead the way’: TPB sounds warning over blatant disregard of personal tax affairs

    entrusted to manage the tax affairs of their clients, but they are also taxpayers in their own right. It is important they lead the way by ensuring they comply with their tax obligations in line with both community expectations and tax laws. “Both...

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

    characteristics in the program that, as the economy strengthened, if the JobKeeper program was kept in place, would lead to adverse outcomes, particularly hampering mobility of labour across the economy.”

  20. ‘Inevitable ATO scrutiny’: Chartered accountant denied cash flow boost

    maximum CFB, point to the scheme being for the dominant purpose of obtaining the CFB. It was almost inevitable this would lead to ATO scrutiny. “In those circumstances, even if refinancing considerations also played a part as the director asserts, I am...