Posts tagged "cpa"

The federal government should legislate a standard tax deduction for work-from-home expenses, mirroring how drivers are reimbursed for every kilometre they cover for work, according to CPA Australia.

The last two years have shown that small business owners are falling on the wrong side of the digital divide, and this is about to become a significant problem for many larger Australian companies.

Accounting experts have urged Australian small businesses to prepare for the impact of inflation, after official figures confirmed the cost of living has surged at a rate not seen in more than a decade.

It’s federal budget season, and the nation’s small businesses are pondering whether there’s any good news on the horizon for what’s shaping up to be another challenging year.

CPA Australia is calling on the government to follow Singapore's lead and provide “significant funding” in next month's budget to help more SMEs go digital.

While disasters such as bushfires and floods happen every year, there is not currently a scalable framework for response, says CPA Australia.

Assistant Treasurer Michael Sukkar wants the ATO to be more engaged with accountants and have less, but more positive, interaction with small business.

Asked now to pat its belly while rubbing its head by administering the tax offset alongside STP, the tax office is still untying its hands.

Single Touch Payroll onboarding has seen the number of firms under the scheme almost double in a month, but many more are yet to make the switch.

Pay summaries are being phased out with the introduction of Single Touch Payroll, and the ATO is taking a proactive approach.

New research shows many micro employers are still not prepared for Single Touch Payroll, with most unaware they can apply for a deferral.

The ATO has lost its single touch payroll program lead just months from the reporting deadline for hundreds of thousands of small businesses.