Displaying items by tag: Taxation

The decade old AUSKey and Manage ABN Connections services are set to be retired by the Australia Tax Office (ATO).

Deliveroo is partnering with Australian fintech app, Solo & Smart, in a deal the food delivery company says will make it easier for its 8999 riders to automatically save a percentage of their income to meet their tax obligations.

Global global software provider Rimini Street has obtained Single Touch Payroll certification by the Australian Taxation Office for PeopleSoft Global Payroll and SAP HCM Payroll.

Tax preparation firm H&R Block has deployed software from accounting, payroll and payment systems provider Sage to manage the preparation of approximately 800,000 tax returns annually.

Small business operators are planning to complete their own tax returns, increasingly using cloud solutions rather than relying on older desktop software, according to a new report.

New tax regulations will require large Australian and global businesses to become more transparent than ever when it comes to tax. Technology will play an integral role in meeting these new standards.

Australia’s peak telecommunications industry body, the Communications Alliance, says the new tax arrangements for satellite apparatus licences announced on Tuesday should encourage more efficient use of spectrum and greater investment in the satellite sector.

The top three issues that will create the biggest challenge for Australian small businesses in 2017 are lack of business infrastructure, too much government bureaucracy and taxation rates, according to newly published research from accounting software provider Sage.

Peak telecommunications industry group, Communications Alliance, has recommended the need for further adjustment to proposed reforms to taxation arrangements for satellite services in Australia to better support commercial, regulatory and national interests.

Medibank has assured its customers it is working around the clock to fix a problem with its systems, but has warned the problems are likely to prevent it providing annual tax statements to a majority of its customers by 15 July.

Cloud accounting software provider MYOB has welcomed changes to company tax rates in the Budget but says small business operators need the changes to be implemented now, not in 10 years’ time.

Macquarie Telecom says the so called Panama Papers leak showed global tax avoidance was a cancer that had to be tackled with every tool available to governments.

Small business owners believe that the company tax rate should be cut for Australia to remain globally competitive, and if the rate was lowered many of the SMEs say they would be more likely to invest the savings back into their business.

The Australian Taxation Office (ATO) has moved to clarify employee/contractor employment arrangements with the release of a mobile-friendly update application.

The Australian Taxation Office continues to ramp up the transformation of services to taxpayers to the online environment, with its latest improvement involving the extension of voice authentication to the ATO app.

In the not too distant future the vast bulk of Australia’s taxpayers will conduct their business with the Australian Taxation Office almost entirely online by using the ATO’s digital services.

Australian Competition and Consumer Commission Chairman Rod Sims says improvements to the tax system, industrial relations and competition policies will make the biggest contribution to promoting innovation in Australia.

The Australian Taxation Office (ATO) is the first organisation in Australia to deploy voice biometrics as a means of authenticating customers by the sound of their voice.

Online sales of goods and services in Australia are steadily increasing, with the end of the financial year spending showing a steep rise as businesses took advantage of the government’s tax incentives for purchases up to a value of $20,000.

Many small business owners are planning to take advantage of the federal government’s changes to immediate asset deductions but say they are concerned about the length of time it takes to complete their tax obligations.