Business

‘Higher tax on entrepreneurship’: CGT reforms ‘meaningless’ for new businesses

The controversial CGT changes punish entrepreneurs who take a calculated risk to grow businesses and investments,...

13 October 2026 • By Malavika Santhebennur

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Tax

Tax Office wins $1m summary judgment over failed liability payments

The Deputy Commissioner of Taxation has succeeded in the Supreme Court of Western Australia for a summary judgment of...

13 October 2026 • By Carlos Tse

Business

ATO credit card ban delay could lead to higher usage

The IPA has warned that the extension could lead to more taxpayers using credit cards to meet their tax obligations...

12 October 2026 • By Malavika Santhebennur

Business

Is this the ‘optimal path’?: Trust tax reform creates burdensome system

A tax lawyer wonders if the government could have taken a simpler path to achieve its discretionary trusts objectives.

12 October 2026 • By Malavika Santhebennur

Business

ATO extends credit card payment option to 30 June 2027, silent on initial...

The ATO has extended the acceptance of credit cards for tax debts until 30 June 2027, and while the expanded timeline...

12 October 2026 • By Carlos Tse

Business

Minimum tax on discretionary trusts: the draft law lands, and the concerns...

Four bills, 16 days of consultation, and legislation expected just days away. What practitioners need to know now.

09 October 2026 • By Robyn Jacobson, National Tax & Accountants' Association

Business

‘It hurts’: ATO credit card ban another hit to small business

Small businesses have taken multiple hits in the recent past, and the ATO’s credit card ban only adds to the pain,...

09 October 2026 • By Malavika Santhebennur

Business

Tax reform measures risk adding to red tape burden: CPA Australia

As the release of the Red Tape Reduction Review is awaited, the accounting body said it is hard to reconcile adding...

09 October 2026 • By Malavika Santhebennur

Business

Accountant thrown under bus in director’s judgment debt fight

A director has agreed to a default judgment of nearly $3 million after non-participation in proceedings that canvassed...

09 October 2026 • By Carlos Tse

Business

Grant Thornton Australia appoints financial advisory partner in Melbourne

The mid-tier firm has welcomed a new partner to its financial advisory practice in its Melbourne office.

09 October 2026 • By Carlos Tse

Business

‘ALP has never liked trusts’: Government denounced for rushing trust tax reform

The government has failed to “dot their i’s and cross their t’s” in their discretionary trust tax proposals and...

08 October 2026 • By Malavika Santhebennur

Business

Accounting finalists shine at Commercial Finance Awards

An exceptional group of finalists from the accounting profession have been revealed for the third annual Commercial...

08 October 2026 • By Malavika Santhebennur

Business

‘Never set foot in Australia’: Offshore accountant files unfair dismissal...

An employer has lost its jurisdictional objection case after a Philippines-based accountant claimed unfair dismissal...

08 October 2026 • By Carlos Tse

Business

Can paying tax in the wrong year prevent being taxed in the right year? Court...

A recent court case has shown that a taxpayer paying CGT on a sold property in the wrong year did not stop the ATO...

07 October 2026 • By Malavika Santhebennur

Business

Tax reforms leave accountants, clients in planning ‘limbo’

A tax adviser has shared how his accounting firm is grappling with the complexity and uncertainty around the...

07 October 2026 • By Malavika Santhebennur

Business

‘Deplorable’: ATO’s bargain breakdown shifts red dot on business cash flow

With the ATO confirming that it failed to secure a lower surcharge with banks before bringing out the credit card ban...

07 October 2026 • By Carlos Tse

Business

CA ANZ pathways program delivers boost to membership numbers

The professional body plans to further expand accessible pathways into the profession through new student offerings...

08 October 2026 • By Miranda Brownlee

Business

‘We don’t have crystal balls’: Trust tax rigidity causing angst

The lack of flexibility in the trust tax legislation is a major concern for accountants and is going to require some...

06 October 2026 • By Malavika Santhebennur