Miranda Brownlee

ATO to increase fixed rate for working from home expenses to 70c

The ATO will increase the fixed rate for calculating working from home expenses to 70 cents per hour from 1 July 2024.

BUSINESS • Mon, 21 Apr 2025

TPB reveals top breaches reported under the dob-in obligations

The board has outlined the common code items reported so far and assured practitioners that no “frivolous or vexatious” reports have been received.

REGULATION • Sun, 20 Apr 2025

ART affirms TPB decision on registration of tax agent

The Administrative Review Tribunal has upheld a decision by the TPB to reject a former tax agent’s request for registration as a tax agent.

REGULATION • Tue, 15 Apr 2025

Labor’s standard deduction may expose taxpayers to ‘future tax consequences’

The $1,000 instant deduction could see taxpayers miss out on critical conversations with their accountant, exposing them to potential tax issues in the future, accounting ...

TAX • Tue, 15 Apr 2025

ATO's processes with third party data-matching in need of review, says CA ANZ

The professional body says a review should be undertaken into how the ATO assesses the appropriateness of the data it relies on for its data matching programs.

REGULATION • Mon, 14 Apr 2025

Howarth reaffirms plans to expand provision of advice by accountants

Shadow financial services minister Luke Howarth has said he would support making it easier for accountants to provide advice, particularly SMSF advice, if the Coalition ...

REGULATION • Mon, 14 Apr 2025

‘Erroneous’ ATO letters burden tax agents with additional work and stress: IPA

Poorly executed communications by the ATO in recent months has confused taxpayers and created extra work for tax practitioners, the professional body has said.

REGULATION • Sun, 13 Apr 2025

Urgent action needed to improve audit regulation, warns CPA

CPA Australia is calling for significant improvements to be made to ASIC’s audit oversight to restore trust and safeguard the future of the profession.

REGULATION • Sun, 13 Apr 2025

New Payments Platform ‘no magic bullet’ for payday super issues: GNGB

The government must allow more time for the New Payments Platform to mature before expanding its use as part of the rollout of payday super, the Gateway Network ...

SUPER • Mon, 07 Apr 2025