Senate passes bill on tricky super issues
A bill that will resolve a technical issue with reversionary transition to retirement income stream...
CGT bill delay prompts flak from Labor
Labor has hit out at the delays in debating a bill proposing changes to capital gains tax exemption,...
Tax agent intervention program ‘not an audit’
The Tax Office has detailed its tax agent early intervention program, emphasising that it will not b...
Tax & Compliance
Forced sale of 316 properties as tax rules breached
Properties with a total value of about $380 million have been forced on the market since 2...
Reporting issues persist for superannuation funds
The Tax Office is continuing to see a number of reporting issues crop up with commutation ...
Expat tax traps flagged for foreign transfers
Foreign transfers often trigger significant tax consequences, particularly from the US, pr...
M&A
CountPlus acquires minority stake in Victorian firm
One national accounting network has announced the acquisition of a minority stake in a Vic...
Xero acquires UK-based business
Accounting software provider Xero has announced that it is acquiring a UK cloud-based acco...
North American interest boosts strong M&A results
Continued investor confidence and strong economic outlook has resulted in a strong M&A...
Professional Development
CA ANZ backs latest round of education changes
Chartered Accountants Australia and New Zealand have welcomed the legislative guidance put...
Foreign qualifications get the nod in new education guidance
The federal government’s incoming education standards for those providing financial advi...
60 hours CPD likely for licensed accountants
The latest guidance on incoming education requirements for accountants operating under an ...
Appointments
BDO appoints new head of M&A
BDO has announced the appointment of a former big four director as head of its merger and acquisitio...
SMSF
Franking changes tipped to ‘strangle’ SMSFs
The federal opposition’s proposal to end refunds of excess imputation credits will potentially “...
Business
Revamp in the works for Tax Institute’s education arm
The Tax Institute will begin offering new learning methods, including shorter, digitally enabled con...
Technology
ATO splits IT contracts in search of reliability
The ATO will split its IT contracts into smaller bundles over the next three years as it looks to pr...
