Business

Business

Extra tax on discretionary trusts only material for sufficiently profitable...

With insolvency risk on the horizon for struggling small businesses, one registered liquidator has said that the...

14 July 2026 • By Carlos Tse

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Business

Accounting bodies urge Treasury to take its time with big firm regulation

Professional bodies are urging the government to approach any changes to the regulatory framework for accountants with...

10 July 2026 • By Carlos Tse

Business

Further relief needed for genuine employers under Payday Super: The Tax...

A tax counsel has called for further improvements to the Payday Super regime, with employers still facing substantial...

10 July 2026 • By Carlos Tse

Business

Why a looming $18m penalty cap has the profession on edge

Following Treasury's unveiling of new sanctions for tax agents on 2 July, one senior tax advocate has said that while...

09 July 2026 • By Carlos Tse

Business

Trust change uncertainty doesn’t rule out illegal phoenixing activity,...

The contentious discretionary trust taxes incur significant time and financial costs for SMEs restructuring out of...

09 July 2026 • By Carlos Tse

Business

Managing client anxiety about when to lodge tax returns

With mainstream media outlets awash with think pieces saying everything from ‘lodge now before it’s too late’ to...

09 July 2026 • By Jerome Doraisamy

Business

Joint bodies say employers are ‘set up to fail’ in Payday Super regime

Industry bodies say the new regime relies heavily on administrative tolerance rather than legal certainty and have...

08 July 2026 • By Carlos Tse

Business

Most accounting firms can be impersonated by email – we checked 275 of them

A scan of 275 Australian accounting firm domains found 76 per cent have no enforced protection against email spoofing,...

08 July 2026 • By Peter Mastras