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CreditorWatch achieves ATO Digital Service Provider certification The firm’s procedures saw it pass the ATO’s Operational Security Framework with a maintained uptime of 99.95 per cent over the past three years. ...
Business penalised $90,000 for underpaying workers  The commercial laundry business was found by the FWO to have underpaid 22 workers across four locations nationally. ...
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Businesses face loyalty tax to retain staff The skills shortage that caused firms to pay more for new employees now looks to force organisations to increase pay for existing staff. ...
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William Buck promotes three directors to New Zealand team The Auckland-based trio all bring extensive experience in advising businesses from SMEs to multinationals. ...
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TBC increase to add further complexity, advisers warned With the general transfer balance cap set to increase to $1.9 million from 1 July, the SMSF Association has highlighted some of the potential strategies and pitfalls with...
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Automation the answer to inflation, say Australian businesses While overall business confidence dropped 17 per cent from the first half of 2022, more businesses are investing in technology. ...
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Protect migrant workers from exploitation, government told  As a key part of the answer to the skills shortage, COSBOA believes more must be done to maintain trust in the visa system. ...
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RBA rise ‘more likely’ after 7.8 per cent CPI result However, home builders are encouraged by the first signs of slower increases in the costs of labour and raw materials. ...
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Fuel, travel and housing drive inflation to 30-year high The ABS figure for the December quarter pushes annual figure to 1990 level. ...
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Guardian AIT decision leaves s100A questions hanging Federal Court clears up doubts over reimbursement agreements but leaves a core question untouched. ...
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NALI proposal to impose 225% tax rate for general expense breaches While the super industry has welcomed government consultation on the NALI provisions, there are concerns the proposals may still result in disproportionate outcomes for S...
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FWO targets crane and transport businesses The ombudsman secured penalties of almost $19,000 against a crane company and seeks $10,000 against a transport firm. ...
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Pay secrecy law reform a ‘positive first step’, says KeyPay co-founder As the topic of remuneration becomes less taboo it should help reduce gender pay gaps, he says. ...
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Grant Thornton reveals slew of additions and changes The firm has appointed two partners along with existing partners taking on supplementary roles. ...
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Federal Court decides Guardian AIT appeal on s100A Long-awaited decision leaves a central question about “ordinary family or commercial dealings” unaddressed.  ...
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Treasury consults on non-arm’s length expense rules The government has now released consultation on options for amending the non-arm’s length income provisions for super funds. ...
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Former PwC partner banned for sharing secret Treasury docs Clients and other staff were given confidential information about impending changes to multinational tax rules. ...
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Beware promoters of early super access schemes, ATO warns Vulnerable people are targets for scammers offering to help set up an SMSF as a way to get a hold of savings illegally. ...
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Tax Institute appoints Marg Marshall 2023 president The experienced technical advice specialist plans to develop the institute’s education and resources. ...
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Unfit-for-purpose insolvency law needs complete overhaul: ARITA Australia needs a simplified system with a single regulator for both company and personnel bankruptcy, says restructuring association. ...
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