Business

Bentleys snaps up Victorian boutique firm, eyes regional expansion

The deal capitalises on growth in Melbourne’s north, fuelled by the government’s Inland Rail project.

25 October 2023 • By Christine Chen

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Tax

Mid-year WFH changes ‘will catch out many taxpayers’

The ATO is cracking down on work-related expenses but many self-lodgers will still be in the dark about the revised...

24 October 2023 • By Philip King

Regulation

Aged care provider pays back $2.1m in missing penalty rates

The Fair Work Ombudsman says payroll compliance in the sector will be a focus after 2,800 staff were underpaid for...

24 October 2023 • By Philip King

Tax

ATO reaps record $6.4bn from large corporates

Much of the additional revenue came from the oil and gas sector, helped by the work of the Task Avoidance Taskforce.

24 October 2023 • By Miranda Brownlee

Tax

Prepare for surge in GST audits, ATO warns tax agents

The Tax Office has revealed its criteria for audit selection and what raises red flags.

23 October 2023 • By Philip King

Regulation

TK Maxx faces 33 charges over child labour laws

Victorian store in court after Wage Inspectorate raids scores of businesses during the school holidays.

23 October 2023 • By Philip King

Regulation

ASIC bans man at centre of PwC scandal for 8 years

Former partner Peter-John Collins is forbidden from providing financial services in addition to TPB deregistration.

20 October 2023 • By Philip King

Technology

Airwallex buys into Latin America with Mexican takeaway

The purchase of MexPago is critical to the fintech’s ambitions in the region, it says.

23 October 2023 • By Philip King

Technology

EzyCollect adds payment plans to accounts receivable platform

The new addition seizes the rising rates of e-invoicing adoption among businesses.

20 October 2023 • By Christine Chen

Business

‘Bloated’ CA ANZ blasted over $90m payroll bill

Two members take a fine-tooth comb to its finances and puzzle over its headcount comprising 1,300 staff, including...

20 October 2023 • By Philip King

Regulation

Curb opaque powers of Commissioner, tax watchdog urges

An investigation by the Inspector-General of Taxation and Taxation Ombudsman finds the Commissioner’s discretion often...

20 October 2023 • By Christine Chen

Super

Farmers, small business ‘to bear brunt of $3m super tax’

Those with illiquid assets such as premises or land in super could struggle to pay the tax, the SMSF Association says.

20 October 2023 • By Philip King

Regulation

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.

19 October 2023 • By Philip King

Business

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.

19 October 2023 • By Miranda Brownlee

Regulation

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.

18 October 2023 • By Philip King

Business

Outdated views of finance deterring women: WGEA

The financial services industry could attract more women by dispelling the myth that it solely requires strong...

18 October 2023 • By Malavika Santhebennur

Regulation

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”.

18 October 2023 • By Philip King

Tax

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...

18 October 2023 • By Miranda Brownlee