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Asset betterment
Business

Asset betterment: operation, obligation and onus

The recent decision in Le v Commissioner of Taxation has renewed attention on the ATO’s use of assessment betterment...
29 April 2021 • By Robyn Jacobson, The Tax Institute

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SMEs considering non-bank financing options at new high
Business

SMEs considering non-bank financing options at new high: Scotpac

Despite government stimulus introduced to encourage bank borrowing among SMEs, business owners are turning away from...
29 April 2021 • By John Buckley
ATO
Business

Pre-insolvency adviser charged over illegal phoenix activity

A pre-insolvency adviser now faces close to $850,000 in charges and possible jail time after allegedly facilitating...
28 April 2021 • By Jotham Lian
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Business

Victorian ombudsman finds 12,000 businesses ‘unfairly denied’ COVID-19 grants

About 12,000 Victorian businesses could now be eligible for retrospective COVID-19 grants of up to $10,000 after the...
28 April 2021 • By John Buckley
CountPlus acquires Victorian financial advice practice
Business

CountPlus acquires Victorian financial advice practice

A Melbourne-based CountPlus member financial advice firm has acquired a small financial planning practice in a bid to...
28 April 2021 • By John Buckley
Victorian director charged with breaching duties
Business

Victorian director charged with breaching duties

A former director who skimmed money from her insolvent employer, which had debts to the ATO and the State Revenue...
26 April 2021 • By John Buckley
Vaccine rollout
Business

Vaccine rollout key to Australia’s economic recovery

While the Australian economy has shown positive signs of recovery, challenges still remain, says the Grattan Institute.
26 April 2021 • By John Buckley
Mid-tier accounting network acquires Newcastle firm
Business

Mid-tier accounting network acquires Newcastle firm

An ASX-listed accounting network has acquired a practice in the Hunter as part of a five-year expansion plan.
23 April 2021 • By John Buckley