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Tag : compliance

superannuation piggy bank

ATO targeting SMSFs

Posted on 11/07/2022 by Omnis Group

ATO targeting SMSFs that fail to lodge annual returns The ATO has observed an increase in the number of SMSFs that fail to lodge their first annual return and become Read More…

Posted in Business Accounting & Taxation | Tagged Australian Tax Office ATO, compliance, self-managed superannuation SMSF, tax returns
reporting

Penalties for overdue TPAR

Posted on 16/05/2022 by Omnis Group

The Taxable payments annual report (‘TPAR’) must be lodged by 28 August each year Taxpayers who operate in certain industries and that make payments to contractors may need to report Read More…

Posted in Business Accounting & Taxation | Tagged Australian Tax Office ATO, compliance, penalties, taxable payments reporting system TPAR, taxpayers
small business tech-trends

Changes to AGMs and e-communications

Posted on 06/12/2021 by Omnis Group

Permanent changes to AGMs and electronic communications The Government has introduced into Parliament a Bill to permanently allow companies to use technology to meet their regulatory requirements, and ensure that Read More…

Posted in Business Advisory & Strategy | Tagged compliance, coronavirus COVID-19, technology
Mobile office

Director ID regime

Posted on 22/11/2021 by Omnis Group

Preparing for the new Director ID regime As part of its Digital Business Plan, the Government announced the full implementation of the ‘Modernising Business Registers’ program. This included recently enacted Read More…

Posted in Business Accounting & Taxation | Tagged compliance, directors responsibility, fraud, self-managed superannuation SMSF, Trusts
Business owner taking down notes in an advisorry meeting

Director identification numbers

Posted on 18/10/2021 by Omnis Group

Preparing for director IDs If you want to become a director or are already one, you’ll need a director ID. Apply for a director ID from November 2021 here: https://www.abrs.gov.au/director-identification-number Read More…

Posted in Business Advisory & Strategy | Tagged companies, compliance, directors responsibility
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