Tax

Federal Court hears ATO’s appeal of landmark Bendel decision

The Tax Office hopes to quash a tribunal ruling that cast doubt on how it treated unpaid trust entitlements for the...

26 August 2024 • By Christine Chen

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Business

COSBOA program to address SME knowledge gaps with major IR changes

The advocacy group has launched the ‘Small Business Peak Program’ to help SMEs navigate the impacts the new industrial...

27 August 2024 • By Imogen Wilson

Super

Early super release scheme was ‘ineffective’, says e61 Institute

The ‘Early Release of Super’ scheme was not as effective as it was intended to be in stimulating spending, reducing...

27 August 2024 • By Imogen Wilson

Business

Liberal senator urges colleagues to join fight against TASA changes

Dave Sharma has highlighted the new rules’ impact on privacy and client relationships issues ahead of a crucial Senate...

26 August 2024 • By Christine Chen

Tax

ATO warns businesses on looming TPAR deadline

The ATO is reminding businesses to lodge their tax payable payment annual report by 28 August after issuing around $9...

26 August 2024 • By Miranda Brownlee

Business

New CBA collaboration will enable 60-second cross-border payments

A new cross-border payment collaboration between the Commonwealth Bank and The Bank of New York Mellon will allow...

26 August 2024 • By Imogen Wilson

Business

Submissions open for brand-new Commercial Finance Awards 2024

Accountants Daily is pleased to launch the inaugural awards, which champion members of the commercial finance industry.

23 August 2024 • By Miranda Brownlee

Regulation

ASIC sharpens focus on greenwashing, super misconduct, AI

The watchdog’s new priorities aim to keep pace with rapid technological changes, demographic shifts, and increasing...

23 August 2024 • By Christine Chen

Tax

‘Unjust’ foreign resident CGT changes could spook investors

Complex reforms broadening the regime without a transitional period make Australia a less attractive destination for...

23 August 2024 • By Christine Chen

Business

Upcoming election to bring tax system ‘back in focus’: Tax Institute

Debate around the sustainability of the tax system is likely to heat up as the federal election draws closer, says The...

23 August 2024 • By Miranda Brownlee

Super

SMC calls for ‘swift’ legislation of parental leave scheme

The Super Members Council has urged the government to swiftly legislate the bill to pay super on paid parental leave...

23 August 2024 • By Imogen Wilson

Regulation

ATO expands guidance on promoter penalty laws after new legislation

The Tax Office has revised its practice statement on the application of the promoter penalty laws following the...

22 August 2024 • By Miranda Brownlee

Regulation

Tax agent and client hit with 5-year sentences for ‘cheating tax system’

A former tax agent and client have been sentenced to a combined 10 years and six months’ imprisonment for refund fraud...

22 August 2024 • By Imogen Wilson

Business

Australian businesses face cash flow and credit challenges, survey reveals

Australian SMEs are dissatisfied with their current working capital and large businesses are struggling to access...

22 August 2024 • By Imogen Wilson

Business

KPMG to provide $33k to the Griffith Tax Clinic

The big four company announced it will provide the Griffith Tax Clinic with $33,000 in funding to supplement critical...

22 August 2024 • By Imogen Wilson

Business

Is it time to talk about quotas in financial services?

An executive at the Institute of Public Accountants has suggested that a discussion around the need for gender quotas...

20 August 2024 • By Miranda Brownlee

Regulation

Funding, resource shortages threaten TPB oversight

A growing workload from new obligations and the PwC probe strains the small regulator’s limited resources.

21 August 2024 • By Miranda Brownlee

Regulation

Government urged to exempt small firms from TPB reforms

The lower risk profile of small practices means they should not face the same scrutiny as larger ones, the NTAA says.

21 August 2024 • By Christine Chen