Business

Business

Popular $20k tax break fails to move needle on SME cost pressures

A MYOB survey finds the instant asset write-off scheme was the FY22–23 budget’s most popular relief measure for small...

15 May 2024 • By Christine Chen

more from business

Business

Chalmers confirms business tax incentives in budget

The Treasurer says the budget will prioritise boosting private sector investment to "fund and finance the future".

13 May 2024 • By Christine Chen

Business

Work/life balance trumps salary for accountants, Seek data shows

Job-hunting accountants value flexibility and the ability to work from home the most, while financial considerations...

13 May 2024 • By Christine Chen

Business

Senate committee gives $3m super tax bill the green light

The draft of the $3 million super tax legislation remains unchanged and will include the taxing of unrealised gains...

10 May 2024 • By keeli cambourne

Business

ATO urges professional firms to clean up distribution statements

Grant Thornton partner Paul Banister says the Tax Office’s most recent update suggests it is not getting the...

09 May 2024 • By Nick Wilson

Business

Coalition will oppose increase to sophisticated investor thresholds: Senator...

Shadow finance minister Jane Hume has expressed concern over Labor's proposed policies, which she believes will...

08 May 2024 • By Maja Garaca Djurdjevic

Business

ATO issues reminder on upcoming changes for trust tax returns

The ATO has outlined what types of information beneficiaries should be given to help them comply with their obligations.

08 May 2024 • By Miranda Brownlee

Business

Ageing business owners and rising insolvencies ‘creating perfect storm’

RSM Australia has urged the government to address issues threatening the sustainability of Australia’s small business...

08 May 2024 • By Miranda Brownlee