Business

Business

COSBOA welcomes Coalition’s $20k tax deduction proposal

The Coalition has announced a proposed $20,000 tax deduction for business-related meal and entertainment expenses...

21 January 2025 • By Imogen Wilson

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Business

Loan industry flatlines amid sluggish economic activity

Small business loan activity has remained stagnant across 2024 due to negative business conditions and confidence,...

21 January 2025 • By Imogen Wilson

Business

Australia records 52% drop in scam losses, data reveals

Australia’s overall scam losses have begun to trend downward over the past 12 months, according to a recent BDO report.

20 January 2025 • By Imogen Wilson

Business

‘Significant variation’ in ATO’s approach to financial abuse matters

Tax professionals say while some interactions with the ATO regarding financial abuse matters have led to positive...

17 January 2025 • By Miranda Brownlee

Business

COSBOA lobbies for ASBFEO funding boost

The small business advocacy group has called for funding to be restored for the ASBFEO due to its increasing workload.

17 January 2025 • By Emma Partis

Business

ATO ramps up landlord crackdown using rental bond data

Records of around 2.2 million landlords, tenants and property managers will be used to track down underreported income.

16 January 2025 • By Christine Chen

Business

Defaults on tax debts a major driver for business insolvencies, data reveals

Thousands of Australian private businesses have become insolvent over the past 12 months after failing to fulfil ATO...

15 January 2025 • By Imogen Wilson

Business

AccountsIQ acquires ExpenseIn to expand capabilities

Accounting software provider AccountsIQ has acquired expense management software company ExpenseIn.

15 January 2025 • By Emma Partis