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

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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

Business

SME owners ‘fearful’ about not being paid, says ASBFEO

Australian small-business owners are becoming increasingly concerned about missed payments from other businesses...

03 September 2024 • By Imogen Wilson

Regulation

‘Brazen’ ATO bribes land man behind bars

A man has been sentenced to three years and 14 days’ imprisonment for paying a bribe to a former ATO employer in...

03 September 2024 • By Imogen Wilson

Tax

ATO practice statement lays down law on illegal early release perpetrators

Recent updates in the Practice Statement Law Administration (PS LA) 2021/1 show that the ATO means business when it...

03 September 2024 • By Keeli Cambourne

Business

Aussie small business facing ‘rocky road ahead’: Sussan Ley

More must be done to reduce the burden of red tape for small businesses and the accountants servicing them, according...

31 August 2024 • By Miranda Brownlee

Regulation

‘Disturbing’: Tax lawyers push back on proposal to register with TPB

Taxation lawyers have slammed the “ill-advised and regrettable” proposal that they register with the Tax Practitioners...

02 September 2024 • By Imogen Wilson

Super

‘Clock is ticking’ for payday super legislation, says SMC

The super peak body has called for urgent legislative reform of the Australian superannuation system to ensure...

02 September 2024 • By Imogen Wilson

Regulation

Coalition to push ahead with disallowance motion for TASA changes

The latest concessions offered by the Assistant Treasurer in regard to the code changes “are too little too late”,...

30 August 2024 • By Miranda Brownlee & Christine Chen

Tax

PCG 2024/D2 poses ‘higher taxes for thousands of businesses’, warns tax expert

The ATO’s draft guidance on personal service income and the general anti-avoidance provisions is likely to be a shock...

30 August 2024 • By Miranda Brownlee

Regulation

Property developer to repay $11m ‘washed’ in Plutus blackmail plot

Michael Teplitsky helped move hush money paid to keep Australia’s largest corporate tax fraud hidden, a court has found.

30 August 2024 • By Christine Chen

Technology

SMEs at risk of cyber crime, MYOB data reveals

Data from the business management platform has revealed most Australian SMEs have experienced a cyber attack or cyber...

30 August 2024 • By Imogen Wilson

Super

Payday super ‘couldn’t come soon enough’, says Cbus

The fund has reported a record recovery of almost $200 million in unpaid super over the last financial year.

30 August 2024 • By Imogen Wilson

Regulation

Further work to be done on TASA changes, says Tax Institute

The Tax Institute has welcomed the government’s amendments to the code obligations, but remains concerned about the...

29 August 2024 • By Miranda Brownlee

Business

How tracking data could help overcome gender biases

Anja Pannek has urged organisations to measure their recruitment, retention, and incentive strategies to ensure that...

29 August 2024 • By Imogen Wilson

Regulation

Assistant Treasurer makes changes to transitional rule for code changes

Stephen Jones has made amendments to the transitional rule for the Code of Professional Conduct changes and will...

28 August 2024 • By Imogen Wilson

Technology

Class launches tech to support accountants with new ATO requirements

The wealth accounting technology company has added a new feature to its trust account and administration software...

29 August 2024 • By Imogen Wilson