The ATO recently disclosed that more than 180,000 tax returns, or around 4 per cent of the 4.5 million tax returns filed in July, were either manually reviewed by an ATO employee to verify claims and/or adjusted by the ATO.
The ATO has pointed the finger squarely at early lodgments as the culprit for the high number of returns which needed reviewing or fixing.
Does it make more sense to delay the start of tax time? Listen now.
Organisations around the world are grappling with an array of complex global issues right now. That said, those businesses prioritising technology and digital skills are in a much better position to handle these challenges. CPA Australia recently published its Business Technology Report 2022. Jonathan Ng, policy adviser in CPA Australia’s Hong Kong office, coordinated this major research piece, and in this week’s podcast he discusses the findings.
In this podcast, public practitioner at Future Advisory and CPA Australia public practice committee member Jason Robinson explores some of these challenges and shares his insights into how the industry is handling these issues.
There is a global push for businesses to increase the disclosures of the environmental risks their operations pose. With the new draft of International Sustainability Standards Board (ISSB) standards recently released, we discuss the Board’s approach and how it might compel businesses to disclose their sustainability practices, or lack thereof, to the public.
When creating a line chart in Excel, you may need to insert a vertical line to mark something on the chart. Listen to this podcast episode to learn how to do it.
Until recently, Buy Now Pay Later services have flown under the radar in terms of regulation. They have not typically been considered “credit” and so have been exempted from laws that apply to credit cards and personal loans.
But with this space worth A$14.3 billion to Australia’s GDP in the most-recent financial year ̶ and with user debt also a concern ̶ should there be more regulatory scrutiny on this booming micro-credit industry?