by Shared by AccountantsDaily | Aug 23, 2018 | News
The government’s plan to reduce the tax rate for businesses with an annual turnover of over $50 million to 25 per cent was defeated in the Senate, despite a late carveout to exclude the large authorised deposit-taking institutions. Read the full article at Accountants...
by Shared by AccountantsDaily | Aug 22, 2018 | News
In a poll of 70 Australian venture-back start-ups by KPMG Australia’s High Growth Ventures, 66 per cent said they were very or extremely stressed, with 57 per cent noting that the stress was detrimental to their ability to push the start-up to succeed.Read the full...
by Shared by AccountantsDaily | Aug 21, 2018 | News
ATO assistant commissioner Tara McLachlan said at 30 July this year, 90 per cent of SMSFs had lodged on time. This is a slight drop on the financial year before, when the rate was 93 per cent.Read the full article at Accountants Daily.
by Shared by AccountantsDaily | Aug 17, 2018 | News
The latest findings from the Governance Institute of Australia’s annual Ethics Index found that the banking, finance, and insurance sector has scored the lowest in the index, falling 15 points from the year before.Read the full article at Accountants Daily.
by Shared by AccountantsDaily | Aug 16, 2018 | News
The ATO’s individuals not in business tax gap report released last month, revealed an $8.76-billion tax gap, with tax agents in the firing line as its random enquiry program showed tax agent-prepared returns requiring more adjustments compared with self-prepared...