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‘Advisory is not for everyone’, but it’s important
Not all accountants have to be advisers, as all areas of the profession are important, yet advisory is an important piece of the accounting puzzle that effectively helps ...
Payday Super, Div 296 changes to revive tax landscape activity
The introduction of Payday Super to Parliament and the backflip changes on Division 296 have reinvigorated the somewhat “quiet” tax landscape as of late, an expert ha...
Whistleblower takes ATO to court for alleged duty of care breach
A whistleblower is taking the Commissioner of Taxation to court for allegedly breaching his duty of care to protect whistleblowers from retaliation.
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SMSF Association appoints new technical manager
The SMSF Association has appointed a new technical manager to boost its technical support capabilities at a time of sweeping reform.
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ATO unveils long awaited strengthened vulnerability framework
The Tax Office is pledging to assist vulnerable taxpayers with tailored assistance and access to appropriate discretion as part of a strengthened vulnerability framework....
Can Do Accounting, no more: Tax agent terminated by TPB
Can Do Accounting’s tax agent has been terminated by the TPB for “serious breaches” of the Professional Code of Conduct.
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Tax agent speaks out after ATO denied hospitalised client’s lodgement deferral request
A tax practitioner has spoken out after the ATO denied her tax deferral request for a client who was hospitalised and going through divorce proceedings.
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‘We need more time’: COSBOA pushes back on Payday Super timeline
With Payday Super now introduced to parliament and set to take effect from 1 July 2026, the small business body is calling for a more realistic approach.
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Sussan Ley pledges to cut government spending, personal income taxes
Opposition Leader Sussan Ley has outlined the Coalition’s economic plan pledging to reduce personal income taxes, slash red tape and cut government spending.
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ACT payroll tax change set to create complexity, CA ANZ warns
Accountants are increasingly open about the complexities and frustrations surrounding payroll tax and the differences in all parts of Australia, with many professional bo...
Accountants, industry bodies rally behind Tax Ombudsman's ATO service review
Following on from the release of the Tax Ombudsman’s review into the ATO’s tax agent service, industry members and bodies are pushing for sustainable and meaningful c...
US-style small business loan scheme needed in face of looming ‘silver tsunami’
With so many Baby Boomers set to retire in the coming decade, advocates have said there is an urgent need to follow America’s lead and ensure profitable businesses do n...
Jailed property developer fails to overturn million-dollar tax debt
A property developer has failed to overturn a garnishee notice and a million-dollar tax debt, while serving a 10-year prison sentence for tax fraud.
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Lipo, lip filler, Botox not for early super access, ATO warns
The ATO and Australian Health Practitioner Regulation Agency are warning against "dipping in” to superannuation funds to pay for unnecessary cosmetic procedures masked ...
Why accountants are becoming the real dealmakers in property
The accountant’s role in property is expanding fast. We’re not just checking numbers at the end of a deal – we’re shaping the deal itself, writes Stuart Waugh.
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NTAA offers feedback on Tax Ombudsman’s ATO GIC remission review
Drawing from its member feedback, the National Tax and Accountants’ Association has provided input on the Tax Ombudsman’s current review into the ATO’s approach to ...
TPB continues compliance crackdown on PwC, broader industry
As the PwC tax leaks scandal remains front of mind for the industry, the Tax Practitioners Board is launching an investigation into current and former PwC partners for po...
The Tax Institute ‘pleased’ with ATO’s review of taxpayer relief provisions
Following the Tax Office’s changes to the tax treatment of GIC and SIC, The Tax Institute is welcoming its route to implementing a principles-based approach to taxpayer...
‘Overwhelmed, disappointed’: Tax Ombudsman slams ATO tax agent service
Tax agents are increasingly dissatisfied with the ATO, its poor service, and “strained relationships”, the Tax Ombudsman has revealed.
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AI uptake ramping up cyber threats for businesses, BDO says
Small businesses take over a week to recover from cyber attacks, and AI tools are ramping up firms’ exposure to threats, a white paper has revealed.
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