Business

Tax accountant the ‘great winner’: Government introduces next tranche of trust...

The Labor government has introduced its legislation for a minimum 30 per cent tax on discretionary trusts to...

15 October 2026 • By Malavika Santhebennur

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Business

Shouldering the user uptick after the restructuring storm: ASBFEO

The Australian Small Business and Family Enterprise Ombudsman (ASBFEO) discusses the flow-on potential impacts of the...

15 October 2026 • By Carlos Tse

Business

Tax agency terminated for serious breaches

The TPB has ended the registration of a tax agent company over client verification failures and offering clients...

14 October 2026 • By Malavika Santhebennur

Business

Tax reform uncertainty causing decision ‘paralysis’

A tax specialist has urged the government to provide certainty over its proposed tax reforms as the industry awaits...

14 October 2026 • By Malavika Santhebennur

Business

Standard deduction final ruling needs more detail than its draft: CPA Australia

For a measure intended to simplify compliance, the accounting body has stressed that further clarity and detail are...

14 October 2026 • By Carlos Tse

Tax

Government’s denial of the minimum tax offset doesn’t add up, says senior...

Anticipated to be introduced this week, the proposed discretionary trust tax legislation has practitioners scratching...

14 October 2026 • By Carlos Tse

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

Tax

Editor’s note: Correction and apology to Chief Group Services

An editor’s note in response to an article published on Accountants Daily.

13 October 2026 • By Accountants Daily

Business

CGT reform for innovative start-ups risks limiting effectiveness

Several aspects of the proposed innovative business CGT concession could risk limiting its effectiveness in supporting...

13 October 2026 • By Malavika Santhebennur

Business

NTAA calls for greater clarity on WRE draft ruling

The accounting body has asked the ATO to provide greater detail in its draft ruling on its work-related expenses...

14 October 2026 • By Carlos Tse

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