Business

‘I found that wild’: Tax adviser ‘astounded’ by academics’ views on trusts

After watching the Senate hearings into the proposed trust tax reforms, a tax adviser said he was concerned that...

13 November 2026 • By Malavika Santhebennur

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Business

ATO’s ‘Direction to Pay’ power

The Tax Office’s power to issue a direction to pay is fair, according to one restructuring adviser; however, he said...

13 November 2026 • By Carlos Tse

Tax

GIC isn’t deductible any more: The conversation to have with clients carrying...

For years, plenty of small business owners treated their ATO balance as a line of credit. It was always there, it...

13 November 2026 • By Gary Gipp

Technology

Avoiding ‘zero-thought’ AI

Finding the right AI tool amid a heavily competitive tech market can feel daunting; it’s crucial that business goals...

12 November 2026 • By Carlos Tse

Technology

Xero offers expertise for accounting firms’ AI transformations

The tech firm has launched Xforce, an initiative connecting forward-deployed engineers and partner consultants to...

12 November 2026 • By Carlos Tse

Business

Dealing with a shifting accounting environment

Shifts in the accounting profession are changing the way technology such as AI is being used, with MYOB research...

12 November 2026 • By Carlos Tse

Business

Advocacy group calls for ‘independent’ cost analysis of trust tax reform

The group said it would like to see independent analysis of the costs of the proposed reforms rather than it coming...

12 November 2026 • By Malavika Santhebennur

Tax

Tax changes pushing SMBs to burn the candle at both ends

One accountant has spoken out against the government’s tax reform and its impacts on small businesses.

12 November 2026 • By Carlos Tse

Tax

Does July 2028 mark the end of discretionary trusts?

Accountants are pondering the fate of discretionary trusts following the government's introduction of its next tranche...

12 November 2026 • By Carlos Tse

Tax

‘Contact your MP’: Main residence exemption pulled for expats out of the...

One accountant has said that the folly in the government’s reforms is in the legislation being released tranche by...

12 November 2026 • By Carlos Tse

Business

Billabong co-founder loses Part IVA appeal in Merchant case

The High Court has unanimously held that the tax scheme related to the sale of Billabong shares from a family trust to...

11 November 2026 • By Malavika Santhebennur

Business

ATO should be exempt from credit card surcharge, accountant says

An accountant and tax lawyer has said she wants the law to be amended so the ATO is exempt from the RBA’s ban on...

11 November 2026 • By Malavika Santhebennur

Business

Right Property Group confirmed as principal partner for Women in Accounting...

Accountants Daily’s inaugural Women in Accounting Awards, celebrating trailblazing women across the accounting...

11 November 2026 • By Jerome Doraisamy

Business

Trust tax to earn government $720m from SMBs, Treasury confirms war on trust...

The Treasury has revealed its stance on the discretionary trust being used by small businesses, arguing that applying...

11 November 2026 • By Carlos Tse

Business

Ex-tax agent’s stay application of TPB’s civil case dismissed

The Federal Court has dismissed a tax agent’s applications for a stay of the TPB application to seek declarations, a...

10 November 2026 • By Malavika Santhebennur

Business

‘This is a bad tax bill’: COSBOA presses for trust tax bill to be scrapped

The peak body for small businesses has strongly suggested that the discretionary trust tax bill does not proceed and...

10 November 2026 • By Malavika Santhebennur

Tax

The retiree client the trust tax forgot

I’m a 70-year-old self-funded retiree, and I’m the kind of client many accountants will be hearing from as the minimum...

10 November 2026 • By Anonymous

Tax

Victoria’s potential amid crushing business taxation

One academic has stressed that Victoria should not be overlooked as a business destination despite its militant tax...

10 November 2026 • By Carlos Tse