by Keeli Cambourne | Feb 27, 2023 | News
Australians lost $260,000 to PayID-specific impersonation scams last year, according to Scamwatch, while total scam reports to NAB increased 38 per cent year-on-year. NAB has seen an increasing number of scams related to fake PayID communication in recent weeks, as...
by Josh Needs, Accountants Daily | Feb 27, 2023 | News
Director Gareth Gammon said a reinvigorated tax office resulted in NSW suffering almost as many insolvencies over six months, 2,153, as the entire previous year when there were 2,402. “As the ATO came down harder on those with tax debt, it resulted in increasing...
by Keeli Cambourne | Feb 26, 2023 | News
The regulator’s report showed that 57 per cent of small businesses were paid within 30 days down from 58 per cent in the prior period and 8 per cent were paid over 60 days. Within the construction industry, the land development and subdivisions sub-sector was an area...
by Keeli Cambourne | Feb 26, 2023 | News
Over a period of three years, Craig William Morrissey submitted eight quarterly BAS and six annual income tax returns, resulting in the avoidance of over $2.8 million in GST and income tax. The Australian Taxation Office’s (ATO) sophisticated data analytics flagged Mr...
by Keeli Cambourne | Feb 26, 2023 | News
ASIC banned Christine Betty Childs, former director of Think Money and Think Money Wealth Through Property, for carrying on an unlicensed financial services business in recommending clients to buy property through their superannuation, including that they roll over...
