Tax
Raids stop $33m in tax avoidance, ATO claims
Charges are pending following an operation with the Australian Federal Police (AFP) that uncovered 70 sales systems...
13 December 2022 • By Josh Needs
Tax
100A ruling leaves trust decisions haunted by ‘uncertainty’
13 December 2022 • By Philip King
Business
‘Identify your most valuable clients – and sack the rest!’
13 December 2022 • By Philip King
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Business
Turn your office green 'or workers will stay at home’
Businesses need to increase workplace sustainability to entice staff back, according to Workspaces CEO.
15 December 2022 • By Josh Needs
Business
Local FTX creditors will need patience: KordaMentha
After meeting with its US counterparts, the Australian administrator says understanding the data is a huge challenge.
12 December 2022 • By Josh Needs
Regulation
FWO fines farms almost $80,000 for payslip breaches
Recent revisions to the award should have consigned handwritten timesheets to the past, the Fair Work Ombudsman says.
12 December 2022 • By Josh Needs
Business
ATO seizes over 270k illicit cigarettes from Queensland retailers
The action was part of the Tax Office’s crackdown on the $8 billion shadow economy.
12 December 2022 • By Josh Needs
Business
Decision on RBA board to come mid-2023, says Treasurer
The make-up of the bank and the governor’s tenure will be decided after the government receives its review.
09 December 2022 • By Josh Needs
Business
Accounting industry gives cautious thumbs-up to final s100A ruling
It could be “like having the ATO at the kitchen table” according to CA ANZ, but most find TR 2022/4 a “significant...
09 December 2022 • By Josh Needs
Appointments
Bosses warned: be wary of forcing workers back to the office
Two-thirds would look for another job, according to a survey by global payroll specialist ADP.
09 December 2022 • By Keeli Cambourne
Super
ASIC announces major changes to SMSF advice guidance
The corporate regulator has revised previous guidelines concerning minimum balances for SMSFs.
09 December 2022 • By Miranda Brownlee
Business
ATO issues final ruling on changes s100A
The decision comes after accountants had to rely on basic guidance for 30 June deadlines.
08 December 2022 • By Josh Needs
Business
KPMG nurtures local start-ups to solve post-pandemic problems
The Future Technology Program will strive to support innovative businesses looking to tackle the most pressing...
14 December 2022 • By Josh Needs
Business
Last one out for Christmas please arm the alarm!
Ensure physical files are locked away and log out of all devices before heading on holiday, say the ATO and CPA...
19 December 2022 • By Josh Needs
Business
Pessimistic CFOs fret over cyber risks, ESG and economy: Deloitte
Survey finds rising uncertainty and concerns over hacker threats and environmental pressures.
13 December 2022 • By Josh Needs
Business
Business, industry welcome review into payment times reporting
Suppliers rely on certainty that bills will be paid promptly within the 30-day limit, they say.
08 December 2022 • By Keeli Cambourne
Regulation
Extended ID deadline looms for 600k directors
Applications peaked in November, ATO says, and 50,000 preferred paper form.
08 December 2022 • By Philip King
Business
ASIC disqualifies director over four failed companies, debts of $8m
Victorian given a maximum ban after lodging false documents in attempt to avoid liability.
08 December 2022 • By Josh Needs
Business
Accounting, finance professionals the next CEOs: CPA Australia
Problem-solving skills will be in high demand while employees will swap the career ladder for a job lattice.
08 December 2022 • By Josh Needs
Business
RBA tightens reins on runaway Christmas spending
With retailers expecting sales to increase by $2 billion this year, the rate increase aims to prevent a splurge.
07 December 2022 • By Josh Needs