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Tax agent who lent registration number banned for 5 years The TPB strikes off a practitioner who enabled unregistered agents to access ATO online services. ...
Accounting firms blossoming in the regions, survey finds Two out of three are optimistic about the future although finding staff remains a challenge, says NAB.  ...
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High Court rules against Victoria’s electric vehicle road charge UPDATED: The state “imposes a duty of excise” within the meaning of s90 of the Constitution, its judgement says. ...
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Outdated views of finance deterring women: WGEA The financial services industry could attract more women by dispelling the myth that it solely requires strong numeracy skills, according to an executive. ...
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CA ANZ should ‘stick to your own lane’ on the Voice Members have slammed the body’s support for the referendum proposal as beyond its remit and “outrageously presumptuous”. ...
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Payroll tax ruling ‘financially devastating’, dentists warn As many as 60 per cent of dental practices in NSW are expected to receive tax bills, the Australian Dental Association says. ...
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Key business data points to ‘sharp rise in company collapses’ Business activity below pre-pandemic levels and rising payment defaults paint a gloomy picture, according to CreditorWatch. ...
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Small business ‘dying from a thousand cuts to consumer spending’ High street data from MYOB suggests every rate increase comes with a sharp downturn in purchases and Christmas is critical. ...
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You’re the voice and CA ANZ understands it Members are bound to disagree on the issue but the body remains committed to the Uluru Statement from the Heart, it says in wake of referendum loss. ...
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Government outlines rules regime for crypto platforms Digital asset providers will come under existing financial services laws and need an AFSL under proposals just released. ...
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Logistics company fined for underpaying hundreds of migrants $3.6m Federal Court imposes a $558,000 penalty on the business for deliberately short changing holiday visa holders over five years. ...
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Carbon acquires fourth Victoria office with bookkeeping takeover Based on the Mornington Peninsula, Rad Bookkeeping & Business Solutions is the group’s seventh acquisition this year. ...
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KPMG UK hit with record £30m for audit failures The firm overlooked numerous signs that multinational construction company Carillion was loss-making in the three years prior to its collapse, the FRC says. ...
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Accountants ‘should act early on tax debt red flags’ Seeking help sooner rather than later gives a business owner more options and leads to a better result for all the stakeholders, say two insolvency specialists. ...
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Tax Institute appoints Scott Treatt as CEO The former general manager of tax policy and advocacy takes over with a mission to empower the tax community. ...
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Disability NFP back pays staff $6.5m after ‘fundamental’ payroll error The FWO has secured its fifth enforceable undertaking in FY2023–24, and its third involving a not-for-profit care provider. ...
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Hackers eye financial businesses for payday, says cyber expert Security company Trustwave said hackers have been breaching businesses’ networks by crafting convincing phishing emails with generative AI. ...
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Xero adds gen AI to help desk, promises faster service The release underscores the accounting software company’s rapid adoption of AI. ...
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PwC has lost social licence to self-regulate: Senator Pocock The reforms PwC plans to adopt in response to the tax leaks scandal have no teeth and will not see a significant shift in behaviour, the Senate inquiry heard. ...
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ATO to launch upgraded website next month After almost a decade, the current design moves aside for a more streamlined, intuitive online service, the Tax Office says. ...
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