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

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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

Business

ABA calls for extension of SME loan exemption

The professional body has urged Treasury to extend the small-business responsible lending obligations exemption to...

21 August 2024 • By Imogen Wilson

Regulation

Lawyer to stand trial for alleged money laundering scheme

A prominent lawyer and an accountant are due to face a Supreme Court trial on money laundering charges.

20 August 2024 • By Miranda Brownlee

Regulation

Constant regulatory change threatens ‘future pipeline of tax profession’: SMSFA

Tax professionals are being hit with significant and cascading regulatory changes that are leaving them overwhelmed,...

20 August 2024 • By Miranda Brownlee

Technology

‘Stop, check and report’ scams, regulators warn

The Tax Office and ASIC have reminded businesses to stay cautious and vigilant towards suspicious cyber activity for...

20 August 2024 • By Imogen Wilson

Super

Joint bodies fight for crucial changes to $3m super tax bill

Industry associations continue their push for amendments to be made to the $3 million super tax bill after independent...

20 August 2024 • By Miranda Brownlee

Regulation

Unregistered tax preparer fined $1.8m for record TASA breaches

Sydney accountant Jayden Van Dyke illegally prepared 3,359 returns over four years.

19 August 2024 • By Christine Chen

Business

How women can harness ‘personal power’ in leadership

Former federal MP Julia Banks insists that all women can use their personal power to advocate for a more inclusive...

16 August 2024 • By Miranda Brownlee

Regulation

Proposed TPB reforms ‘weaken due process’

New registration criteria to protect consumers could lead to unfair and harsh outcomes for tax practitioners, CA ANZ...

19 August 2024 • By Christine Chen

Regulation

Victorian director gets 5-year ban for cooking the books

ASIC disqualified Richard Sparreboom after finding he falsified records and allowed two firms to trade while insolvent.

19 August 2024 • By Christine Chen

Business

Investors confident despite ‘economic headwinds’: CA ANZ

Australians are looking to increase the scale of their investments over the next 12 months despite inflation and...

19 August 2024 • By Imogen Wilson

Business

New Rising Stars Awards premiers for young accountants

Nominations and submissions have opened for the first-ever Rising Stars Awards for accountants aged 35 and under.

16 August 2024 • By Miranda Brownlee

Business

Unemployment rises to highest level since November 2021

Jobs growth in Australia was solid for July but a rise in the participation rate meant the unemployment figure rose to...

16 August 2024 • By Miranda Brownlee

Regulation

Coalition sets date for TASA showdown

Liberal MP Dean Smith will lodge a motion to force a Senate vote on the controversial changes next month.

16 August 2024 • By Christine Chen

Business

TPB revamps public register to protect consumers

Changes include listing practitioners’ past names and more details of misconduct issues, sanctions and matters under...

16 August 2024 • By Christine Chen