Business
ATO crackdown pushes north with 750 businesses targeted
The ATO has earmarked close to 800 small businesses in Darwin and far north Queensland for a visit as it follows up on intelligence suggesting failure to comply with tax ...
Robo-call scams pick up speed this tax time
A number of robo-call scams have been doing the rounds in the community this tax time, with the ATO reinforcing that it will never send unsolicited pre-recorded messages ...
Industry fund ramps up pay day super lobby
The government’s proposal to close a loophole that allows employers to reduce their SG contributions when employees salary sacrifice only solves “17 per cent” of th...
Accountants Daily launches industry-first 30 Under 30 Awards
Accountants Daily is pleased to announce the launch of the inaugural 30 Under 30 Awards for Australian accountants.
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Spate of terminations as TPB puts down a marker
The Tax Practitioners Board has moved to terminate a number of individual and company tax agent registrations due to code breaches as it looks to send a warning this tax ...
PwC posts double-digit revenue growth
A strong year of growth in its assurance and consulting business has led the way for big four firm PwC to post double-digit revenue and profit growth.
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KPMG credits royal commission fallout for strong FY19 results
KPMG has recorded its sixth sequential year of growth, boasting a 9 per cent increase in revenue as it attributes its success to the uptake in risk and compliance service...
Scam losses set to exceed half a billion dollars for the first time: ACCC
An estimated $532 million in losses has been projected to be lost to scammers this year, with taxpayers warned against increasingly sophisticated scams.
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AAT refuses long-standing tax agent’s application ‘in public interest’
The Administrative Appeals Tribunal has refused an FCA’s application to halt the Tax Practitioners Board’s decision to terminate his tax agent’s registration, takin...
Data analytics a value booster for business clients
Making use of data analytics can help accountants to add value to their client relationships by highlighting opportunities, weaknesses and areas to drive efficiency for s...
Federal Court shoots down Sydney accountant’s ban appeal
The Federal Court of Australia has dismissed an appeal from a Sydney-based accountant against his permanent banning from providing financial services.
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myGov tax-time scams set to surge amid STP changes
Tax-time scams involving myGov and the ATO are set to surge this year, the Australian Cyber Security Centre has warned.
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