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Appointments

Findex recruits experienced C-suite professional as CFO

The financial services veteran has over 30 years of experience in the finance industry.
22 February 2023 • By Josh Needs

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Tax

‘When the audits start, all hell will break loose’

Professionals are being singled out to pay more tax under the ATO’s “discriminatory” profit allocation guidance, says...
21 February 2023 • By Philip King
Tax

TPB bans tax agent for five years over fraudulent grants

The agent falsified statements to support the inappropriate applications for grants.
21 February 2023 • By Josh Needs
Appointments

French connection to strengthen advice team: Mazars

A partner from its Paris office will bring international expertise and bolster client service capabilities, the firm...
21 February 2023 • By Josh Needs
Tax

Ampol pays $157m to settle transfer pricing dispute

The ATO welcomes arrangements with the company’s Singapore operations that stretch forward a decade.
20 February 2023 • By Philip King
Super

Government releases proposed objective for super

The government has today released its proposal for the objective of superannuation as part of a consultation paper.
20 February 2023 • By Miranda Brownlee
Super

Parental leave extensions fail to fix ‘super’ problem

Although the government looks to extend its parental leave program, mothers will still be left with less financial...
20 February 2023 • By Josh Needs
Regulation

Disqualified agents to be ‘weeded out’ if law passes

Entities will need to ensure any tax agents they hire have not been precluded from providing advice, according to a...
20 February 2023 • By Josh Needs
Tax

Accountants face client backlash over blizzard of tax changes

Revised rules require fresh advice but clients often blame their tax professional, says Tim Munro.
20 February 2023 • By Philip King
Tax

‘Many more arrests to come’ over billions in GST fraud

The ATO and AFP say they have acted against more than 53,000 people and prevented almost $2.5 billion in wrongful...
17 February 2023 • By Josh Needs
Regulation

Former GetSwift directors hit with millions in fines

The Federal Court has handed down some of the largest penalties ever for corporate misconduct.
17 February 2023 • By Philip King
Tax

Most taxpayers ‘will be in the dark’ about WFH changes

The ATO should have postponed its revisions to the work-from-home claims regime until next financial year, says H&R...
17 February 2023 • By Philip King
Tax

ATO defends changes to WFH rate, record-keeping regime

Media campaign will get taxpayers up to speed but most are already keeping good records, assistant commissioner says.
17 February 2023 • By Philip King
Business

Unemployment climbs for second month, KPMG sheds staff

Slowdown in consulting work hits big four firm as jobless rate accelerates.
17 February 2023 • By Philip King, Josh Needs
Business

Mazars Australia double-digit growth feeds record global figure

The organisation achieved landmark revenue of €2.45 billion in an “eventful year”.
17 February 2023 • By Josh Needs
Business

Government must fund domestic violence leave for SMEs: COSBOA

The council also calls for the regulation of BNPL products, insurance reform and the restoration of instant asset...
17 February 2023 • By Josh Needs
Tax

ATO sticks to its guns in revised WFH deductions regime

The finalised guidance, released yesterday, introduces stricter record-keeping requirements and a fresh rate per hour.
16 February 2023 • By Philip King
Business

Construction companies account for 30% of insolvencies

Labour shortages, supply chain issues and weather all took their toll, BDO survey finds.
16 February 2023 • By Keeli Cambourne