Regulation

Charities stumble on pay disclosure rules, watchdog finds

Nearly a third of large charities misreported executive pay under new transparency requirements, according to the ACNC.

09 July 2024 • By Christine Chen

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Super

ATO flags important super changes for FY25

The ATO is reminding taxpayers of important changes that will impact their superannuation from 1 July.

09 July 2024 • By Imogen Wilson

Tax

Review of Qld property tax draws cautious support

Industry advocates support the move but want a commitment that it will not result in any new taxes being introduced.

08 July 2024 • By Juliet Helmke

Business

ATO teams up with private sector in anti-scam fight

The Tax Office has become the first government agency to join the Australian Financial Crimes Exchange.

08 July 2024 • By Christine Chen

Regulation

Rank audit firms and tie pay to quality, government told

The IPA has called for major reforms to address firm culture, including public performance ratings and quality-based...

08 July 2024 • By Christine Chen

Regulation

PayPal used unfair contract term with small business, court rules

The Federal Court has found fine print in the company’s user agreement had allowed it to retain unreported overcharges.

08 July 2024 • By Christine Chen

Tax

Accountant’s $340k BAS refund claim crumbles

The AAT has backed the ATO’s decision to deny input tax credits over a sham asset sale between two companies owned by...

05 July 2024 • By Christine Chen

Tax

Nearly half of crypto investors unclear on tax rules, survey finds

Traders have called for more guidance on how their assets are taxed following an ATO compliance crackdown.

05 July 2024 • By Christine Chen

Tax

Temporary FBT break lifts plug-in hybrid sales 130%

An industry body warns strong take-up will only continue if the generous tax break remains.

05 July 2024 • By Christine Chen

Business

Passage of payment times bill ‘a big win’ for small business

The passage of reforms to the payment times reporting framework is a welcome development for small business suffering...

04 July 2024 • By Miranda Brownlee

Regulation

Big 4 crusade could hurt high street accountants: CPA Australia

The accounting body says sweeping reforms in response to big four firms’ misconduct will burden smaller practitioners...

04 July 2024 • By Christine Chen

Appointments

OECD executive among 3 new ‘high calibre’ KPMG hires

The firm has enlisted the help of three senior business figures with extensive experience in guiding organisations...

04 July 2024 • By Christine Chen

Appointments

Ascendant mid-tiers boost partner ranks as big 4 scale back

RSM has appointed 22 new partners and directors while William Buck broke its own record by adding 19 partners and...

04 July 2024 • By Christine Chen

Business

Senate agrees to amendments to payment times bill

The amendments will see the regulator publish a list of fast small business payers as part of changes to the payment...

04 July 2024 • By Miranda Brownlee

Business

ATO portal’s 24-hour malfunction vexes tax agents

The disruption to online services used by practitioners on Monday coincided with reports of taxpayers waiting hours to...

03 July 2024 • By Christine Chen

Tax

ATO issues reminder on trust administration revamp

Changes that came into effect on 1 July aim to improve reporting and data accuracy and ease compliance.

03 July 2024 • By Christine Chen

Appointments

HLB Mann Judd, Pitcher Partners bolster partner ranks

The mid-tier firms have both made six appointments across their east coast advisory, audit, tax and finance practices.

03 July 2024 • By Christine Chen

Business

125% foreign student visa fee hike to worsen accountant shortage

The move to ramp fees up has been labelled as “outrageous” and akin to Australia “shooting itself in the foot”.

02 July 2024 • By Christine Chen