Technology

Cyber start-up Trustmi launches bank account validation tool

Conventional methods for validating vendor payments fall short, it says.

13 December 2023 • By Christine Chen

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Regulation

Cairns woman gets 3 years’ jail for $283k GST fraud

Deborah Martin pleaded guilty to filing fraudulent BAS in the latest win for the ATO’s Operation Protego.

12 December 2023 • By Philip King

Regulation

Canberra scales up TPB sanction powers, penalties

Forging ahead with its response to the PwC tax scandal, the government proposes introducing a wider range of civil and...

12 December 2023 • By Christine Chen

Regulation

Code of conduct aims to tighten ethical standards

Draft provisions from the Assistant Treasurer include measures on integrity, conflicts of interest and confidentiality.

11 December 2023 • By Philip King

Technology

Zeller corporate card ‘pain relief’ for expense control

The banking disruptor for businesses claims the cards are “expense management your finance team will love”.

12 December 2023 • By Christine Chen

Business

Late payments threaten 4 in 5 businesses: CreditorWatch

Holiday period looms as critical for companies already facing a slowdown, survey finds.

11 December 2023 • By Philip King

Regulation

Director cops 1.5-year ban for failed companies owing $9.5m

Four businesses in the food services sector collapsed at the tail end of the pandemic.

11 December 2023 • By Philip King

Business

Profit-focused accounting events ‘have lost their way’

Vendors and event organisers need to rethink how they do content, according to marketing specialist Trent McLaren.

11 December 2023 • By Philip King

Business

Government unveils plans for ‘super complaints’ body

Small business and consumer advocacy groups will have a direct channel to bring “significant or systemic market...

11 December 2023 • By Christine Chen

Regulation

CPA Australia’s ‘final round’ of job cuts claims 4

“Years of expertise” depart with yesterday’s redundancies, which the body says completes its restructuring.

08 December 2023 • By Philip King

Super

ATO disqualifies 223 SMSFs trustees

Hundreds failed to comply with super laws or raised concerns about their suitability, the office says.

08 December 2023 • By Keeli Cambourne

Tax

ATO will scrutinise fine print in employee v contractor issues

The Tax Office outlines its long-awaited compliance framework for differentiating between an employee and a contractor.

08 December 2023 • By Christine Chen

Tax

Agribusiness guide update covers latest tax, legal issues

Law firm Cowell Clarke has revised its popular handbook for regional advisers.

08 December 2023 • By Philip King

Technology

Airwallex tackles challenge of KYC with gen AI

The cross-border payments facilitator says it has accelerated its onboarding process by 20 per cent by applying the...

08 December 2023 • By Christine Chen

Appointments

Chalmers names ‘tax expert’ Rob Heferen as next commissioner

Incoming ATO chief replaces decade-long incumbent Chris Jordan in March.

07 December 2023 • By Philip King

Regulation

Jones creates fee-free adviser category for banks, super funds

Government reforms aim for simple guidance at scale without “unnecessary red tape”.

07 December 2023 • By Philip King

Business

90% of SMEs to dial back borrowing in 2024, survey finds

Higher borrowing costs and living pressures have prompted small and medium businesses to adopt a raft of conservative...

07 December 2023 • By Christine Chen

Tax

ATO waives $48m under lodgement amnesty

Small businesses only have until the end of December to take advantage of the scheme, the Tax Office warns.

07 December 2023 • By Philip King