Login
iscover
News
ATO expands data-matching program for crypto assets
The ATO plans to collect cryptocurrency data for up to 1 million individuals as part of new compliance activities.
...
BGL announces spate of promotions to drive growth
Software firm BGL has made four key appointments to bolster its strategic growth and foster innovation.
...
ATO reports spike in errors with clearance certificates
The Tax Office is seeing mistakes being made with applications for clearance certificates for property purchases.
...
Budget tipped to deliver tax breaks for business investment
BDO has highlighted the need for the federal budget to bring additional tax deductions rather than simply accelerated deductions.
...
ATO’s systems vulnerable to tax fraud, IGTO report cautions
The IGTO has found the ATO’s controls for preventing fraud inadequate, with fraudsters managing to lodge fraudulent returns undetected.
...
PwC reveals new corporate strategy; former CEO Stubbins goes it alone
PwC Australia’s new corporate strategy is all about business reinvention; six months after her ousting, former chief executive Kristin Stubbins announces her new ventur...
Australians hit with biggest income tax increase in OECD
A 7.6 per cent spike in 2022–23, brought on by bracket creep and the end of the LMITO, has affected low- and middle-income earners the most.
...
Family preferred to accountants for money advice, survey finds
Gen Z and Millennials are ditching the professionals and turning to mum and dad for advice and financial help, according to the Great Southern Bank.
...
Top adviser calls for end to tax system tinkering in federal budget
When trust taxation, residency, Division 7A, and FBT issues even have accountants confused, it shows wholesale changes are needed, according to William Buck’s head of t...
Government shirks big 4, senator calls for government consulting revamp
Senator Barbara Pocock has called for reforms to government consulting engagements as the Department of Finance continues to review PwC's government contracts.
...
Higher-than-expected inflation figures to delay rate cuts, say economists
An interest rate cut is unlikely to occur until next year now with the consumer price inflation data for March above market expectations.
...
ATO issues alert to SMSFs on crypto scams and losses
The Tax Office is seeing instances of funds reporting losses with crypto investments due to scams and collapsed trading platforms.
...
AAT upholds ATO decision on self-education expenses
The tribunal has dismissed an appeal relating to self-education expenses claimed as deductions by a dental technician.
...
Q1 hiring boom spurs small business recovery: Xero
Latest data shows March recorded the largest rise in jobs since October 2022.
...
CGT, negative gearing reform could save $60bn, analysis finds
Modelling for proposals to dial back property tax concessions finds billions could be freed up every year to address the housing crisis.
...
‘Take advantage of deductions’ ahead of tax cuts, tax expert advises
Accountants should look for opportunities to bring forward deductions and apply them to this year’s income ahead of the personal tax changes on 1 July, says HLB Mann Ju...
Prospa integration to streamline business finance
Small business lender Prospa has integrated its Prospa Business Account with Xero to reduce administration for SMEs.
...
QuickBooks, GoCardless launch integration to alleviate cash flow crisis
Intuit QuickBooks and GoCardless have announced an integration that will assist its quarter of a million SMB customers get paid on time.
...
Accountants cautioned on ‘unexpected tax consequences’ with Division 7A loans
The ATO has reminded tax professionals about the critical requirements for correctly managing Division 7A loans for their clients.
...
ATO ‘underestimated’ impact of Collins licensing decision: Hirschhorn
The second commissioner told the Inquiry into Consulting he regrets not escalating the PwC matter more rapidly given the dramatic impact the TPB’s decision had.
...
Page 61 of 188
