Tax

ATO offers guidance to NFPs on assessing charitable purposes

The ATO has provided tips for not-for-profit organisations that are uncertain if they meet the requirements to be...

10 September 2024 • By Imogen Wilson

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Regulation

ATO rules out simplifying NFP rules despite ‘pockets of confusion’

The Tax Office insists the process for lodging annual self-reviews is “basic” and “not that hard”.

09 September 2024 • By Christine Chen

Business

Mental health of SME owners in rapid decline, research reveals

Australian SME owners are feeling the pressure and are overwhelmed trying to navigate the current challenges of the...

09 September 2024 • By Imogen Wilson

Business

Cost-of-living crisis spurs ‘side hustle’ culture: Great Southern Bank

Around two-thirds of home owners with a mortgage have started or are considering a second job or hobby business to...

09 September 2024 • By Imogen Wilson

Tax

Demographic trends likely to result in future wealth tax, says specialist

Increasing inequality and a growing proportion of renters will put greater pressure on the government to implement...

06 September 2024 • By Miranda Brownlee

Super

$3m bill set for debate next Thursday

The controversial $3 million super tax bill is due to be debated again in Parliament next Thursday.

06 September 2024 • By Keeli Cambourne

Tax

Small-business collectable debt ‘slowing down’, says ATO

The growth in collectable debt among small businesses is slowing, but too many businesses are still deprioritising...

06 September 2024 • By Imogen Wilson

Technology

Grant Thornton urges businesses to adapt to changing financial landscape

The transition to real-time instant payments in Australia is another element businesses need to effectively tackle in...

06 September 2024 • By Imogen Wilson

Business

BDO doubles Melbourne office to accommodate expanding team

The Melbourne BDO office is set to relocate to Collins Street next year following the growth within its...

05 September 2024 • By Miranda Brownlee

Super

Merchant decision ‘does not displace longstanding principles’, says ATO

The decision by the AAT to overturn a trustee disqualification has “limited broader application” given the peculiar...

05 September 2024 • By Keeli Cambourne

Business

SMEs don’t need to ‘tough it out on their own’, says joint bodies

Peak industry associations have banded together to help struggling small businesses repay debt on time with the...

05 September 2024 • By Imogen Wilson

Tax

Accounting bodies demand action on code changes in letter to PM

Various accounting bodies have called for amendments to be made to the Tax Agent Services Determination ahead of a...

05 September 2024 • By Imogen Wilson

Business

Grey zone warfare, state competition investigated in Australian-first podcast

Contested Ground, a new podcast investigating the complex and murky world of grey zone warfare as nations compete on...

04 September 2024 • By Liam Garman

Tax

ATO predicts further jump in tax debt disclosures to credit agencies

The Tax Office expects the use of intent-to-disclose notices will ramp up further this income year based on trends...

04 September 2024 • By Miranda Brownlee

Business

Skincare brand CEO shares how she pivoted during COVID-19

Ahead of her keynote address at the Women in Finance Summit 2024, Ella Baché CEO Pippa Hallas has outlined how her...

04 September 2024 • By Pippa Hallas

Tax

ATO reveals common rental property errors from data-matching program

Recent results from the data-matching program identified issues around the reporting of rental income and claims for...

04 September 2024 • By Imogen Wilson

Business

Renewable energy scheme has left SMEs fighting for compensation: NSWSBC

Small renewable energy businesses have been left ‘out of pocket’ for completed work due to the ‘Small-scale Renewable...

04 September 2024 • By Imogen Wilson

Business

Accountants lack crucial crypto knowledge, warns industry professional

Australian accountants need to improve their crypto expertise to meet increasing market and industry demands, an...

03 September 2024 • By Imogen Wilson