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

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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

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

Business

$20k instant asset write-off passes lower house

It comes after the eleventh-hour passage of a bill that raised the threshold from $1,000 to $20,000 for FY24 last week.

01 July 2024 • By Christine Chen

Regulation

‘Don’t panic’ over new reporting rules, ATO tells NFPs

Thousands of not-for-profits will need to lodge annual self-reviews from 1 July to keep their tax-exempt status.

01 July 2024 • By Christine Chen

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