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ASIC and ATO circle 21 directors as part of illegal phoenixing surveillance campaign
ASIC and the ATO have successfully engaged with 21 directors across the 2020-21 financial year as part of the corporate regulator's Phoenix Surveillance Campaign.
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BDO recruits Brisbane tax partner
BDO has continued its partner growth trajectory with an appointment of an experienced tax professional.
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1 in 5 SMEs targeted with fraudulent invoices
New research has found the prevalence of invoice fraud in Australia continues to rise, with small business and sole traders experiencing an average loss of $15,500 this y...
ATO flags awareness on rising scams across the year
The ATO is encouraging individuals and businesses along with related SMSFs to share tips and experiences with each other as scams continue to be seen across the year.
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Chartered accountants among most trusted professionals: report
New research has found chartered accountants are considered among the most trusted professionals, catching up to doctors, engineers, nurses and teachers, and ahead of gro...
Director disqualified for failing to comply with tax obligations
A Victorian-based director has been disqualified from managing companies for four years for failing to comply with directors’ duties, tax obligations and employment l...
‘A shock to the system’: Federal Court spousal asset ruling to impact accountants
A recent judgment heard by the Full Court of the Federal Court will have a profound impact on the way accountants approach matters concerning spousal assets.
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FWO circles Launceston businesses following vulnerable worker tip-offs
The Fair Work Ombudsman will audit up to 30 businesses across the Launceston region this week after fresh intelligence suggested employees might not be receiving the righ...
FASEA consults feedback before Standard 3 amendments
FASEA is inviting feedback on proposed amendments to the wording of the contentious Standard 3 of its code of ethics.
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Pitcher Partners Adelaide appoints CEO
Pitcher Partners Adelaide has welcomed a chief executive as it looks to capitalise on growth opportunities seen throughout the COVID-19 pandemic.
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Further super reforms to ‘safeguard’ Australians’ retirement: Frydenberg, Hume
Treasurer Josh Frydenberg and financial services minister Jane Hume have encouraged citizens to get behind super reform changes that have come into effect this month, cit...
BDO welcomes corporate tax partner
An experienced corporate tax partner will join BDO’s Sydney office this month following her departure from KPMG.
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RBA delivers November cash rate call
The Reserve Bank of Australia (RBA) has delivered its second last cash rate call for the 2021 calendar year.
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William Buck completes 7th merger in 3 years
Mid-tier firm William Buck has completed its seventh merger since 2019. This time with a Brisbane-based high-net-worth advisory firm.
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Small-business jobs enter negative territory
New data from Xero has revealed the increasingly poor health of Australian small businesses.
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Director IDs now available online
Australia’s 2.7 million company directors can now apply for their new director identification numbers (director ID) using the Australian Business Registry Services (ABR...
Value-adds to strengthen client relationships
Providing “value-add” services to customers can often strengthen the relationship and lead to increased advocacy. The challenge is to find something that will add val...
Tax Avoidance Taskforce claims another win
The Tax Avoidance Taskforce is continuing to make strides following the settlement of a multimillion-dollar dispute, according to the ATO.
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ATO appoints Second Commissioner
The ATO has confirmed it has appointed a “strong and capable lead” to the role as Second Commissioner for the Tax Office.
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FASEA transition plans ‘imminent’
ASIC has remained tight-lipped on the process for the forthcoming transition of FASEA but promises that plans to announce it are “imminent”.
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