Insight

Regulation

Is the Commissioner’s speech a turning point for the profession?

Rob Heferen’s recent speech at the Tax Institute suggests a positive shift in the way the ATO views the tax profession.

20 September 2024 • By Miranda Brownlee

more from insight

Technology

From Automation to Insights: Microsoft & Copilot AI for Smarter Accounting

Is your accounting firm equipped to stay competitive? Keeping up with tech growth is tough, but firms on Microsoft can...

13 September 2024 • By Kloud Connect

Business

RUOK with ageist hiring attitudes?

RUOK Day offers an opportunity to reflect on recruitment processes and how they can affect mental health.

11 September 2024 • By Sue Parker, DARE Group

Tax

What PCG 2024/D2 means for small businesses

Thousands of small businesses could be hit with higher tax following the recent ATO guideline.

06 September 2024 • By John Jeffreys, John Jeffreys Tax Pty Ltd

Super

Little progress on superannuation and other measures

Crucial time is passing as the industry waits to see whether laws will be passed to enact the proposed Division 296...

06 September 2024 • By Robyn Jacobson, The Tax Institute

Tax

The permanency of the permanent: The ‘vacant’ landholding provisions

Are interest costs incurred on borrowings for land acquisition deductible to an entity undertaking a property...

30 August 2024 • By Phillip London, TaxBanter

Regulation

Court decision offers clarity on varying trust deeds to remove an appointor

As the ubiquitously stated trust mantra confirms, it is critical to ‘read the deed’, particularly where an intended...

23 August 2024 • By Matthew Burgess, View Legal

Technology

Are Australian companies prepared for the US-led payroll compliance shift?

Over the next couple of years, major US companies will be experiencing a significant shift in employee compensation...

16 August 2024 • By Marcus Zeltzer, Yellow Canary

Regulation

Profession’s pyrrhic victory

While the delay to the controversial code changes may have given some relief to the industry, deeper issues...

09 August 2024 • By John Jeffreys, John Jeffreys Tax Pty Ltd

Technology

Breaking down the latest in accounting technology

Keeping abreast of what’s happening in the fast moving accounting technology space is like drinking from a fire hose....

09 August 2024 • By Heather Smith, ANISE Consulting

Regulation

Decoding the changes to the Code of Professional Conduct

Sweeping changes to the Code of Professional Conduct leave registered tax practitioners uncertain and confused about...

09 August 2024 • By Robyn Jacobson, The Tax Institute

Regulation

We need to cap the ATO’s access to personal data

The ATO’s continually growing powers, scrutiny of taxpayers, and access to taxpayers’ personal information have become...

26 July 2024 • By Nicole Kelly, TaxTank

Super

SMSF trustee disqualification: A win for the ATO

Following a recent high-profile SMSF trustee disqualification decision involving Billabong Surf Clothing co-founder...

26 July 2024 • By Matthew Burgess, View Legal

Business

Helping NFPs get to grips with new tax rules

NFPs looking to retain their tax-exempt status will need to avail themselves of new mandatory self-reporting...

19 July 2024 • By Sam Allert, Reckon

Regulation

Over $20m in fines imposed against Vestey Trust promoter

The asset protection strategy often referred to as a 'gift and loan back' arrangement (and various iterations of it)...

19 July 2024 • By Matthew Burgess, View Legal

Business

Common accounts receivable fails and how you can fix them in FY2025

When times are tight, optimising your accounts receivable process is critical.

12 July 2024 • By Carl Warwick, BillingPlatform

Tax

The ATO’s loss to PepsiCo in the Full Federal Court

The decision provides clarity around royalty withholding tax as well as diverted profits tax.

05 July 2024 • By Jeremy Makowski, Coghlan Duffy

Business

Some certainty on the small business instant asset write-off

Small businesses can now claim the $20,000 instant asset write-off for 2023–24 with certainty.

04 July 2024 • By Robyn Jacobson, The Tax Institute