Assuming lead is required, the following 1452 results were found.

  1. Proposed TPB reforms ‘weaken due process’

    New registration criteria to protect consumers could lead to unfair and harsh outcomes for tax practitioners, CA ANZ has warned. Proposed tax agent registration requirements to protect consumers may undermine procedural fairness and pile unnecessary...

  2. Proposed super measures could lead to ‘unacceptable’ NALI breaches

    A major accounting body has warned about the interaction between the government’s proposed measures around third-party payments by super funds and the non-arm’s length income requirements for SMSFs where they are unable to obtain certain evidence. In...

  3. Proposed SMSF reporting measures slammed as ‘unreasonable’

    for tax statements or details of distributions from other trusts. “Such a decision to impose this measure could arguably lead to trustees ‘backdating’ the signing of financials to ensure compliance, something that doesn’t serve the trustee or regulator...

  4. Property, construction and IT projects driving demand for accountants

    and compliance experience. Competition with the commercial sector, as well as higher salaries in commerce, continue to lead to a shortfall of candidates for professional practice. Candidates need strong communication and client liaison skills and...

  5. Property still a big SMSF advice issue, says AFCA

    still continue to account for a sizeable portion of SMSF disputes, says AFCA. Speaking at a recent event, AFCA acting lead ombudsman, Shail Singh said that property investments in SMSFs continue to be one of the bigger dispute areas for SMSF advice. For...

  6. Professional bodies struggling to hold back government overreach

    (either prescriptive and/or vague); The rules move away from a principle-based Code to a partly prescriptive Code leading to degree of duplication and overlap which will lead to difficulties in implementation; and The requirement for notification to...

  7. Private businesses facing more audits

    The ATO’s new streamlined tax return system will lead to more ATO audits of private businesses, according to national accounting and advisory firm William Buck. This year the ATO is expected to data match over 640 million transactions to tax returns as...

    • Type: Article
    • Author: Michael Masterman
    • Category: Business
  8. President to guide the AAT through its reform named

    the remainder of his term. Acting Attorney-General Katy Gallagher has announced Victorian judge Justice Emilios Kyrou will lead the Administrative Appeals Tribunal (AAT) through its transformation as president. Ms Gallagher said Mr Kyrou will oversee...

  9. Preparing for EOFY tax scams with business and cyber resilience

    experience a scam related to EOFY or tax matters, and these scams are not just limited to the June 30 date. In the months leading up to and following, scammers are leveraging a broad range of tactics such as texting links to fake ads offering the...

  10. Preparing for a ‘whole rewrite’ of how the SG charge is calculated, imposed

    and it gets there a few days late, the ATO is not going to be imposing SG charge assessments for 2026/27,” she added. In the lead up to the decommission of the SBSCH at 11:59pm on 30 June, Jacobson emphasised that small businesses who currently use the...

  11. Preparation and speedy response key to cyber protection, experts say

    to upscale an attack... for example if you are a contractor or part of the supply chain of a larger organisation, this can lead to a compromise of your business partners.” As individuals become increasingly concerned regarding personal data being...

  12. Predicted ATO audit activity trends for 2021 & 2022

    happen in some audit activity areas over the next 12 months. Our claims team predict that the following ATO initiatives will lead to an increase in related audit activity in 2021 and 2022: Employer Obligation audits and reviews (PAYG/SG/FBT) This is...

    • Type: Article
    • Author: Rod Spicer - Associate Director, Accountancy Insurance
    • Category: Regulation
  13. Practitioners potentially ‘misled’ by ATO’s JobKeeper turnover guidance

    ATO’s JobKeeper guidance on its website may have been misled to believe their clients are ineligible for the program, says a leading tax expert. The Tax Institute’s senior tax counsel, Professor Robert Deutsch, believes tax practitioners who are only...

  14. PPB poaches former EY lead partner

    Insolvency specialist PPB Advisory has announced the appointment of a former EY lead partner to accelerate the growth and profile of the firm's government and economics practice. The mid-tier firm has announced Adrian Renouf has joined PPB’s Sydney...

  15. Positive workplace culture key to enhancing productivity, says principal

    has long been associated with high pressure, long hours, and a culture that prioritises results over people. However, leading practitioners like Simone Palfreyman are challenging this outdated mindset. Ahead of the Women in Finance Summit 2025,...

  16. Positive outlook for M&A in 2024, says HLB Mann Judd

    for a liquidity event.” Mr Guest said that vendors need to plan for a potential liquidity event well in advance. “Adequate lead time allows for thorough due diligence, financial audits and documenting internal systems, processes and strategies. Consider...

  17. Popular tax incentive on shaky ground, lawyer says

    how much.” IPA’s senior tax adviser, Tony Greco, said the government’s promise to return the budget to surplus in 2021 would lead to a raft of “corner cutting” measures that would not cost them votes, leaving the R&D scheme open for tinkering. “My...

  18. Poor succession planning threatens family businesses

    differing mindset between the young guns who are raring to go and the older generation who don't feel they're ready can lead to ‘sticky baton' syndrome, where the current generation hands over the business in theory, but in reality retains control over...

    • Type: Article
    • Author: Michael Masterman
    • Category: Business
  19. Poor succession planning exposing private groups to major tax bills: ATO

    at times seem like a complicated process. “However, private groups need to prioritise it as succession without planning may lead to unintended tax consequences,” it said. The Tax Office has released new succession planning guidance, which explains how a...

  20. Politicians damned for ‘dumb’ attempts at tax reform

    Australia “saddled with some of the most difficult tax rules to comply with and to administer”. “The failure to properly lead a conversation, to avoid being railroaded by one section over another, to fail to articulate a program of change that is good...