‘No reason’ for gas industry’s generous anti-avoidance rules
The federal government has been consulting on new legislation designed to correct the “asymmetry” of the gas industry’s tax avoidance rules.
BUSINESS • Thu, 22 Feb 2024
Xero spotlights carbon accounting in new partnership with Sumday
The integration will help advisers and businesses prepare carbon accounting reports to an “audit-ready standard”.
BUSINESS • Tue, 20 Feb 2024
PwC scandal goes deeper than a few bad apples, academic says
Regulators and advisers need more diversity of thought, and taxation is more than a cost to be minimised, a lecturer has said.
Data privacy the main hurdle to the national skills passport, expert says
A skills passport could alleviate accountant shortages, but only if users are willing to part with their data.
TECHNOLOGY • Tue, 20 Feb 2024
PKF Australia adds 3 principals to its Sydney team, promotes 8 others
PKF Australia has promoted 11 employees across its Sydney and Newcastle teams, including three new Sydney-based audit and assurance principals.
APPOINTMENTS • Mon, 19 Feb 2024
Everett assignments ‘dropping like flies’ as ATO cracks down
While the big end of town has copped the brunt of the ATO’s enforcement efforts on the income-splitting arrangements, smaller firms are not immune.
TAX • Mon, 19 Feb 2024
CBA hit with record $10m fine for knowingly underpaying staff
Justice Bromwich of the Federal Court said the penalty amount will serve as a warning to financial companies with inadequate compliance systems.
REGULATION • Sun, 18 Feb 2024
ATO taking R&D tax claims more seriously, expert says
A major funding boost for the research and development tax incentive scheme means greater oversight of participating businesses, according to HLB Mann Judd.
TAX • Sun, 18 Feb 2024
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