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ATO rental property focus to keep accountants on their toes
An understanding of how CGT works for homes and rentals is vital, says HLB Mann Judd.
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$4.4m in back pay: UTS joins list of universities short-changing staff
More than 2,777 employees were underpaid over seven years with some individual shortfalls exceeding $200,000.
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Finalists announced for 10th Australian Accounting Awards
Over 280 finalists have qualified to battle it out at the prestigious Australian Accounting Awards 2023, to be held in June.
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Budget funds next stage of nationwide digital ID program
The expansion of the digital ID program is a positive step but accessibility and ease of use will be critical to making it work, says an ID verification specialist.
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Sun about to set on range of popular tax measures, ATO warns
Accountants should tell clients to act fast on full expensing and loss carry back because their days are numbered.
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Budget trumpets a surplus, lower inflation and real wage growth
Australia is well placed to weather the global economic slowdown with minimal impacts to GDP and employment, the Treasurer says.
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Small business laments lack of targeted support for sector
Cost-of-living measures, energy subsidies and other initiatives will help, it says, but much more could have been done.
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Budget sheds light on 2 key issues for super
The government has outlined the direction it will take with non-arm’s length income and signalled the $3 million tax threshold is here to stay.
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Budget: the tax profession delivers its verdict
Experts from across the industry pronounce judgment on the Treasurer’s centrepiece during uncertain times.
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Key budget takeaways for agents, accountants
A rundown of the main points, focusing on what matters to the tax profession.
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FYI celebrates 1,000th customer in NZ firm Sidekick
The Adelaide start-up says its document management system has been winning over accountants, with one South Island practice helping it to a milestone.
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Lodgment deferral upgrade quicker, spots problem requests
ATO’s linked system prefills forms, cuts decision times and highlights any misbehaviour.
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Seymour steps down as PwC chief
Firm “committed to learning from its mistakes” and acknowledges an immediate “need to rebuild trust”.
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Darkwave spread its wings with business division
After almost two decades specialising in accountancy for the music and entertainment industry, Darkwave expands its services.
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Small business names inflation as first priority in budget
Two SME surveys put cost-of-living pressures well ahead of traditional concerns over tax rates and red tape.
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EY staff shun internal workplace culture survey due to ID links
Firm wants to know about racism, bullying, sexual harassment, workload pressure and alcohol at team events in the wake of last year’s suicide.
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Second member of $105m fraud syndicate sentenced to 9 years
Plutus payroll tax conspirator who controlled key bank accounts gets long jail term.
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8 months after suicide, nervous EY staff await review ‘in weeks’
The firm says it will release the findings of an independent report as employee concerns over safety increase.
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Female business owners ‘a huge advice opportunity’
More businesses are started by women than men but financial literacy is holding them back, says Shaye Thyer of Intuit QuickBooks.
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CountPlus unveils brand transformation
Wealth and accounting provider CountPlus is set to rebrand in a bid to attract new clients, employees, and acquisitions.
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