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

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

    Opposition leader Bill Shorten has labelled the deductibility of the cost of managing tax affairs as a “rort”, hammering home his plans to limit deductions to $3,000, as the industry hits back. Reinforcing his plans to limit the deductions for the cost...

  2. ‘Billion-dollar blow’: Cash rate hike set to send small businesses scrambling

    notable that the decision of the monetary policy board was unanimous,” Holden said. Gavan Ord, CPA business and investment lead, said the rate hike was set to hit households and small businesses hard as it would compound existing cost-of-living...

  3. ‘Big awareness push’ phase underway as STP deadline approaches

    of businesses have been prompted by the ATO to get started with their Single Touch Payroll provisions, and its project lead at the tax office believes the business community is better prepared than it was for last year’s deadline. Through email and...

  4. ‘Better nation, better conversation’: Spender, Richardson’s take on tax reform

    Spender said. “I want a tax system that works for everyone – prince or pauper. Inequality in our tax system will, I believe, lead to social dislocation.” Richardson noted that despite much room for improvement within the tax system, it was important to...

  5. ‘Be the expert’: bookkeepers called to take command of STP

    Bookkeepers have been urged to be “the expert” as single touch payroll rolls out and lead the charge in helping their business clients implement the software. STP will roll out for employers with 20 or more employees on 1 July 2018, while employers...

  6. ‘Another box-ticking exercise’: CPA, tax lawyer warn of new ATO GIC remission risks

    would “ultimately depend on whether decisions become more consistent and empathetic in practice”. Jenny Wong, CPA tax lead, said the reforms appeared to be a direct response to long standing issues raised by the Tax Ombudsman. “The ATO’s move to...

  7. ‘Aggressive’ 100A audits prompted calls for guidance  

    there’s going to be a sense in which the parties are going to be feeling each other out jockeying through litigation or the lead up to litigation. “The problem with that, philosophically, logically, is [where] you are then required to prove a negative....

  8. ‘Advisory is not for everyone’, but it’s important

    founder and CFO David Maher and Hailston & Co head of advisory Dimitri Matsouliadis sat on a panel alongside Fathom’s sales lead, Gavin Fernandes, to highlight the benefit advisory brings to businesses of all sizes. The overarching subject of the panel...

  9. ‘Adds complexity to an already broken system’: CA ANZ doubles down on tax proposal

    and costly restructuring. Aspects of the proposal require further work to ensure the measure is targeted and does not lead to unintended outcomes, it said. The statement from CA ANZ comes after recent submissions from several accounting bodies to...

    • Type: Article
    • Author: Matthew Taylor
    • Category: Tax
  10. ‘30% of small business tie-ups with digital marketers end in tears’

    “but for too many small businesses this relationship can be unsatisfactory, and for one-in-three it ends in a dispute.” The lead researcher, Dr Karen Sutherland of Sunshine Coast University, said small businesses and digital marketers needed to talk to...

  11. 'Workaholic' culture persists in accounting industry

    but that it will be detrimental long term. “The risks of being a workaholic accountant, as with any professional, can lead to fatigue and exhaustion,” she said. “Whilst workaholics may deliver results initially, this sort of hyper work ethic isn’t...

  12. 'Unacceptable risk': The Tax Institute raises major concerns with proposed powers for TPB

    The proposed framework for the TPB's interim suspension powers could lead to unjust or disproportionate outcomes for tax practitioners, the institute has warned. The Tax Institute has raised concerns that draft laws to implement interim suspension...

  13. 'Stop and ask why': ATO issues urgent warning on SMSF setups

    investment schemes. Australians considering an SMSF are being encouraged to proceed with caution, as regulators and SMSF leaders look to crack down on high-pressure sales tactics, unlicensed advice and investment schemes that may not align with...

    • Type: Article
    • Author: Matthew Taylor
    • Category: Super
  14. 'Punitive' GIC changes may trigger business failures, warns Tax Institute

    have significant consequences for the wider economy," the submission said. "A potential rise in business failures could lead to increased unemployment, reduced consumer spending, and slower economic growth, creating a cycle of hardship that affects not...

  15. 'Perfect storm' to upheave SMSF accounting and audit space

    Mr Levy continued. Whilst the upheaval has increased pressures for practitioners, there are also new opportunities that can lead to a stronger industry in and of itself for SMSFs, according to Mr Levy. “Things like the quality of the financial...

  16. 'Innovate and adapt', says Deloitte

    of customers in new markets, according to Deloitte. Releasing a new report, Australian Business Trends 2014, Selwyn D’Souza, lead strategy partner at Deloitte, said Australian companies must capitalise on proximity to the growth markets of Asia and take...

    • Type: Article
    • Author: Michael Masterman
    • Category: Business
  17. 'Daunting' exporting fears show signs of easing

    requirement that is often necessary to fund exports,” he said. “Due to Australia’s geographical location, there can be long lead times before an Australian export product ultimately reaches the consumer and payment is received. Some SMEs are not...

  18. 'Constant attention from accountants' tipped with new SMSF borrowing rules

    Proposed new measures for SMSF borrowing arrangements are set to lead to “messy arrangements requiring constant attention from accountants” and will impede the attractiveness of gearing in super, according to the Tax Institute. Last week Treasury...

  19. WoWcrowd

    Promoted by myprosperity Discover a series designed to inspire, motivate and lead the Whole of Wealth movement. Stand out from the crowd. After an incredible turn out for our premiere webcast, Creating a purpose mindset, excitement levels have gone up...

    • Type: Article
    • Author: myprosperity
    • Category: Business
  20. Tax Office reports 300% rise in ATO impersonation scams

    security officer for APJ at Sophos, said the time of year and a lack of understanding about how the ATO communicates can lead to Australians falling victim to tax scams. “With added pressure of tax season and people unaware that the ATO’s main form of...