Appointments

PwC names 22 partners in first intake since tax scandal

The firm has made its first appointments since 2023 to help deliver on its governance and accountability commitments.

02 July 2024 • By Christine Chen

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Business

Airwallex posts 93% revenue surge in Australia

The payments platform attributes growth to strong product offerings and has flagged plans for further expansion.

01 July 2024 • By Christine Chen

Appointments

National Audits Group promotes 4 diverse auditors

The audit firm has promoted four multicultural auditors, including three women, in a diversity push.

01 July 2024 • By Christine Chen

Tax

PepsiCo wins appeal against Commissioner of Taxation

PepsiCo has successfully appealed a Federal Court finding that it was liable for royalty withholding tax payments.

28 June 2024 • By Naomi Neilson

Business

Air Accounting taps into e-commerce with Bean Ninjas partnership

The deal follows the acquisition of speciality hospitality accountants Cafe Bookkeepers last year.

28 June 2024 • By Christine Chen

Tax

Court rejects taxpayer’s attempt to pay $45k ATO debt with $47 cheque

Mesha Feet attempted to pay its debts with unconventional methods and then fined the Tax Office for failing to respond.

28 June 2024 • By Christine Chen

Business

Small business slams ‘absurd’ 11th-hour passage of tax breaks

The $20,000 instant asset write-off and small business energy benefits passed Parliament on Tuesday more than a year...

27 June 2024 • By Christine Chen

Tax

ATO’s outdated estate rules cause delays, confusion

The Tax Office has left issues dating back to 2011 unaddressed, the Tax Institute says.

27 June 2024 • By Christine Chen

Business

Government ‘unfairly’ refuses to refund on-hold debts paid to ATO

The Greens say the government has “shafted” the taxpayers who complied with the Tax Office's controversial campaign.

27 June 2024 • By Christine Chen

Appointments

KPMG announces over 50 partner promotions

The big four firm has announced 52 new partners across various divisions, despite recent job cut announcements.

27 June 2024 • By Jack Campbell

Business

Payment Times Reporting Bill enters the Senate

Measures to name and shame large businesses that are slow to pay small businesses have been introduced into the Senate...

26 June 2024 • By Christine Chen

Super

Family trust elections in ATO sights

The ATO is “cracking down” on family trust elections, warns a leading legal specialist.

26 June 2024 • By Keeli Cambourne

Business

Consultant boom threatens accounting sector, expert says

The Benchmarking Group says consultants are filling the demand for advisory work and presenting a more attractive...

26 June 2024 • By Christine Chen

Technology

Digitisation a boon for productivity in cost-of-living crisis: MYOB

A survey by the accounting software company has found that 40 per cent of SMEs that digitised more operations in the...

25 June 2024 • By Christine Chen

Business

ATO whistleblower prosecution to have ‘chilling effect’

The Human Rights Law Centre says the government must strengthen protections in the wake of Richard Boyle’s failed...

25 June 2024 • By Christine Chen

Tax

Hasty lodgers twice as likely to make mistakes, ATO warns

The Tax Office is warning taxpayers against rushing to lodge their tax returns on 1 July.

25 June 2024 • By Christine Chen

Business

Eastern states drive fall in job postings

As job ads fall, every industry is experiencing more applications compared to last year, SEEK data has shown.

24 June 2024 • By Christine Chen

Regulation

PKF Melbourne banned from expert reports after ASIC probe

The firm has been barred from the service pending a review of its conflict of interest management and documentation...

24 June 2024 • By Christine Chen