by Shared by MyBusiness | Sep 2, 2019 | News
Seeking to provide some context over the ATO’s recently released tax gap findings, Commissioner Chris Jordan said that despite small business taxes paid coming in 12.5 per cent below what was owed — a higher percentage than either large corporations or individual...
by Shared by Accountants Daily | Sep 2, 2019 | News
In a recent Federal Court case, Sole Luna Pty Ltd as Trustee for the PA Wade No 2 Settlement Trust v Commissioner of Taxation [2019] FCA 1195, the court allowed a taxpayer’s appeal against a penalty imposed by the commissioner to stand, agreeing that the taxpayer and...
by Maja Garaca Djurdjevic | Sep 1, 2019 | News
Banks and lenders are showing a higher than usual willingness to lend to small business, with 94 per cent of SME loan applications approved by the lender, said the Australian Banking Association. Despite the more favourable borrowing conditions and lower interest...
by Maja Garaca Djurdjevic | Aug 30, 2019 | News
In an effort to balance the impact the reforms to professional standards for financial advisers are having on advice, the government has announced it intends to provide additional time for existing advisers to meet new qualification and examination requirements set by...
by Shared by MyBusiness | Aug 30, 2019 | News
Speaking at the National Small Business Summit in Melbourne, ombudsman Sandra Parker outlined the regulator’s core focus areas for the current financial year, one of which being about changing the tone of its activities to be more about education. Read more at...
