Business

Australian small businesses trail rest of APAC: CPA

A recent survey from CPA Australia placed Australian small businesses last or near last on nearly all vital indicators.

26 March 2024 • By Nick Wilson

more from tag

Tax

Tax agents still failing Div 7A basics, ATO warns

The Tax Office has begun a year-long lecture series on Division 7A after finding most breaches related to...

25 March 2024 • By Christine Chen

Business

Law firm flags risk mitigation strategies for ATO audits

Making preparations and implementing strategies ahead of time can generate more favourable outcomes from ATO reviews,...

25 March 2024 • By Miranda Brownlee

Tax

$3m super tax to ‘disrupt’ small business and farmers, warns SMSFA

The government is facing renewed calls to consider alternative calculation methods for its Division 296 tax.

25 March 2024 • By Miranda Brownlee

Business

PwC global chair tells senators he won't share tax scandal report

In correspondence with Australian senators, PwC’s global chair has doubled down on the global organisation’s decision...

22 March 2024 • By Miranda Brownlee

Tax

HLB Mann Judd flags tax traps for clients working offshore

Businesses and employees must ensure they are aware of the potential implications of working offshore to avoid...

21 March 2024 • By Miranda Brownlee

Super

ATO’s SG activities expose ‘clearing house debacle’, says IPA

A ramp up in SG compliance activities has unearthed underlying issues concerning clearing house delays and draconian...

22 March 2024 • By Miranda Brownlee

Technology

A quarter of SMEs investing in AI, automation, NAB data reveals

Almost one in four SMEs have already invested in emerging technology solutions, while a further 20 per cent plan to in...

20 March 2024 • By Miranda Brownlee

Business

Submissions open for Australian Accounting Awards 2024

Accountants Daily is now accepting nominations and submissions for this year’s awards, now in its 11th year.

21 March 2024 • By Miranda Brownlee

Business

Integro Private Wealth boosts regional WA presence with partnership

The private wealth firm has partnered with accounting firm AMD Chartered Accountants to expand its services across...

20 March 2024 • By Miranda Brownlee

Tax

Bowerman decision highlights flaws with ATO approach to losses

The AAT decision demonstrates the reluctance of the ATO to allow tax deductions where profit-making activities lead to...

21 March 2024 • By Miranda Brownlee

Business

RBA 'cautiously' holds, ends hawkish stance

Economists predict rate cuts by the end of the year as the bank's latest monetary statement reveals a "shift" in tone.

20 March 2024 • By Christine Chen

Business

ATO admits to fast-tracking client linking over fraud concerns

The Tax Office says it rejected three alternative proposals and proceeded with the current process without industry...

20 March 2024 • By Christine Chen

Tax

DPNs surge to over 18k as ATO ramps up activity

The ATO is adopting a range of targeted strategies as it clamps down on the growth in collectable debt.

20 March 2024 • By Miranda Brownlee

Regulation

‘Uniform approach’ critical for resolving interstate EPOA issues, says barrister

Australian states must adopt a standard form for enduring powers of attorney to resolve the intestate issues plaguing...

19 March 2024 • By Miranda Brownlee

Business

Reserve Bank reveals latest cash rate decision

The RBA has kept rates on hold again as its grapples with the combination of slowing growth, rising unemployment and...

19 March 2024 • By Miranda Brownlee

Technology

HeirWealth partnership to streamline intergenerational wealth management

The fintech company has partnered with Envestnet Yodle to provide a more efficient process for transferring...

18 March 2024 • By Miranda Brownlee

Tax

Government unveils details of Division 296 tax for defined benefit interests

Treasury has released draft regulations outlining the calculation of the Division 296 tax for defined benefit interests.

18 March 2024 • By Miranda Brownlee