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Insight

Tax

Why Division 296 sets a stressful precedent

In imposing a levy on unrealised gains, the $3 million super tax bucks basic principles.
10 November 2023 • By Robyn Jacobson

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Technology

Why modern revenue management could secure a stronger 2024

Better billing systems make it easier to embrace fresh business models, cut costs and improve customer experience.
27 October 2023 • By Carl Warwick
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How the selling myth holds accountants back

Many practice professionals hate the idea of having to sell, but the more senior you become the more valuable your...
27 October 2023 • By Trevor Marchant
Tax

How the ATO has morphed into a quasi-lawmaker

A recent AAT decision overturns years of Tax Office thinking about trusts and Div 7A loans – and highlights how it...
20 October 2023 • By John Jeffreys
Business

Why workplace accountability fails – and how to fix it

If your staff aren’t high-fiving each other in the hallways, perhaps something’s gone awry in your KPIs.
20 October 2023 • By Barbara Selmer Hansen
Business

Ticket to ride? Qantas compliance record crashes and burns

The airline has a lot of work to do to repair its reputation and rebuild trust among Australians who just want fair...
13 October 2023 • By Tony Horn
Business

5 essentials for guiding clients into private credit

Increasingly, traditional banks lack the appetite – or freedom – to lend to SMEs without the backing of real estate...
13 October 2023 • By GCI
Tax

Why it’s a tricky job telling contractors from employees

Recent case law offers some clarification but uncertainty remains, particularly in the medical space.
06 October 2023 • By Jeremy Makowski
Business

How tight credit risk processes deliver paybacks all round

Accountants are well placed to put clients on the road to best-practice evaluations.
06 October 2023 • By Brendan Sherry
Tax

Why revised promoter penalties need clear boundary maps

With a substantial increase in maximum fines, exemptions for the provision of advice will have to work effectively.
29 September 2023 • By Robyn Jacobson
Tax

How capital asset creation can make labour costs non-deductible

Wages and salaries should be capitalised where they relate to the construction or creation of capital assets, TR...
29 September 2023 • By Dennis Tomaras and Ellen Karakoussis
Regulation

Why ASIC has changed tack with audit reviews

The revised approach relies on an analysis of the “financial reporting chain” to select audit files for review.
22 September 2023 • By Greg Yanco
Regulation

Why adviser misconduct crackdown must focus on miscreant minority

Honesty and integrity remain hallmarks of the profession despite the aberrant behaviour of a few.
22 September 2023 • By Robyn Jacobson
Technology

How tax time highlights the need to jettison tradition

Accountants face their own productivity slump during the busiest time of year without the help of digitised systems.
15 September 2023 • By David Fitzgerald
Regulation

Why accountants must be alert to shady green claims

Businesses increasingly market themselves as environmentally sound, but accountants must be aware of the risks and...
15 September 2023 • By Trevor Withane
Business

How to navigate the tricky territory of customer credit

A well-designed process will ensure the right checks are in place at every step, from onboarding to payment.
08 September 2023 • By Patrick Coghlan
Tax

How Victoria sows uncertainty with land Windfall Gains Tax

In operation since July, the levy on uplift from rezoning adds another layer of cost and complexity to land...
08 September 2023 • By Jeremy Makowski
Technology

5 essentials to keep cyber crims locked out

Accounting firms hold treasure troves of personal information and hackers can exploit a single weak spot in your...
01 September 2023 • By Tarun Sawney