by Shared from Accountants Daily | Sep 15, 2022 | News
PCG 2021/4 sets out the ATO’s compliance approach to the allocation of profits or income from professional firms, and helps the firms manage the associated risks. The guidance came into effect on 1 July 2022 and the ATO has set up a dedicated team responsible for its...
by Keeli Cambourne | Sep 14, 2022 | News
New figures released by the Australia Bureau of Statistics showed that the number of multiple job holders reached a record high of 900,000 people in the June quarter 2022, an increase of 4.3 per cent. Lauren Ford, head of labour statistics at the ABS, said this...
by Keeli Cambourne | Sep 14, 2022 | News
The NAB’s data mapping points to a slight drop in retail sales in August and a flat result for ABS measure last month, despite the ABS measure recording a very strong 1.3 per cent gain in July. It remains unclear why the NAB data diverged so significantly from the ABS...
by Keeli Cambourne | Sep 14, 2022 | News
This measure was initially announced in the 2020–21 budget. The proposed legislation gives the Commissioner of Taxation the power to modify, by legislative instrument, existing FBT record-keeping obligations to allow employers to rely on existing corporate records,...
by Shared from Yahoo Finance | Sep 14, 2022 | News
The decision comes following the national cabinet meeting in which state and territory leaders pushed for the payment to continue. Albanese confirmed the payment would stay in place for as long as mandatory isolation periods do. Read more at Yahoo...
