Business

Power to name and shame late payers is excessive, biased: Ai Group

Proposed reforms to improve small business payment times will allow the government to publicly denounce around 1,500...

03 May 2024 • By Christine Chen

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Business

Disqualified entities changes leaves tax agents ‘in the lurch’

Every tax practitioner must treat changes around disqualified entities with great importance and not dismiss them,...

02 May 2024 • By Miranda Brownlee

Appointments

Industry veteran Michael Croker retires from CA ANZ

CA ANZ Australian tax leader Michael Croker has announced his retirement after 40 years in the profession.

02 May 2024 • By Miranda Brownlee

Technology

MYOB simplifies business management with platform update

The accounting software provider has reduced technical jargon and introduced user-friendly features to make doing...

01 May 2024 • By Christine Chen

Regulation

TPB releases draft guidance on breach reporting obligations

The draft guidance aims to address the uncertainty and confusion surrounding the upcoming breach reporting obligations.

01 May 2024 • By Miranda Brownlee

Business

Accounting bodies slam ATO’s use of client linking to tackle fraud woes

IGTO report shows the ATO should have tried less burdensome anti-fraud measures before putting taxpayers and their...

01 May 2024 • By Christine Chen

Tax

ATO expands data-matching program for crypto assets

The ATO plans to collect cryptocurrency data for up to 1 million individuals as part of new compliance activities.

01 May 2024 • By Miranda Brownlee

Appointments

BGL announces spate of promotions to drive growth

Software firm BGL has made four key appointments to bolster its strategic growth and foster innovation.

29 April 2024 • By Miranda Brownlee

Business

ATO reports spike in errors with clearance certificates

The Tax Office is seeing mistakes being made with applications for clearance certificates for property purchases.

29 April 2024 • By Miranda Brownlee

Tax

Budget tipped to deliver tax breaks for business investment

BDO has highlighted the need for the federal budget to bring additional tax deductions rather than simply accelerated...

30 April 2024 • By Miranda Brownlee

Tax

ATO’s systems vulnerable to tax fraud, IGTO report cautions

The IGTO has found the ATO’s controls for preventing fraud inadequate, with fraudsters managing to lodge fraudulent...

30 April 2024 • By Miranda Brownlee

Business

PwC reveals new corporate strategy; former CEO Stubbins goes it alone

PwC Australia’s new corporate strategy is all about business reinvention; six months after her ousting, former chief...

29 April 2024 • By Christine Chen

Tax

Australians hit with biggest income tax increase in OECD

A 7.6 per cent spike in 2022–23, brought on by bracket creep and the end of the LMITO, has affected low- and...

29 April 2024 • By Christine Chen

Business

Family preferred to accountants for money advice, survey finds

Gen Z and Millennials are ditching the professionals and turning to mum and dad for advice and financial help,...

29 April 2024 • By Christine Chen

Tax

Top adviser calls for end to tax system tinkering in federal budget

When trust taxation, residency, Division 7A, and FBT issues even have accountants confused, it shows wholesale changes...

29 April 2024 • By Christine Chen

Regulation

Government shirks big 4, senator calls for government consulting revamp

Senator Barbara Pocock has called for reforms to government consulting engagements as the Department of Finance...

24 April 2024 • By Miranda Brownlee

Business

Higher-than-expected inflation figures to delay rate cuts, say economists

An interest rate cut is unlikely to occur until next year now with the consumer price inflation data for March above...

25 April 2024 • By Miranda Brownlee

Super

ATO issues alert to SMSFs on crypto scams and losses

The Tax Office is seeing instances of funds reporting losses with crypto investments due to scams and collapsed...

25 April 2024 • By Miranda Brownlee