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
17 February 2023 • By Philip King
Business
Unemployment climbs for second month, KPMG sheds staff
17 February 2023 • By Philip King, Josh Needs
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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
Regulation
ASIC to target environmental frauds in wider agenda
After achieving $76.3 million in civil penalties in the second half of last year, the commission has expanded its...
16 February 2023 • By Josh Needs
Super
Australian equities retain grip on SMSF assets
The largest portion of the SMSF investment pool is held in domestic shares, according to a recent survey.
16 February 2023 • By Miranda Brownlee
Business
Trade receivables plunge to record low: CreditorWatch
The agency’s business index for January shows key data going in a negative direction.
16 February 2023 • By Philip King
Business
Most bosses plan to mandate more office days for staff
Businesses believe corporate culture, skills development and productivity all benefit from being in the building, says...
16 February 2023 • By Josh Needs
Appointments
Stress, pay and robo-accountants top deterrents to profession: ACCA
Global talent survey highlights the main trends and challenges facing staff and employers.
15 February 2023 • By Philip King
Tax
ATO turns spotlight on holding companies set up to avoid tax
Involvement in such schemes could involve “serious penalties” for taxpayers and agents promoting them.
15 February 2023 • By Philip King
Business
Insolvency must accept overlap of small business, personal finance
Reform essential in the wake of the current review, says Bruce Billson of ASBFEO.
14 February 2023 • By Philip King
Business
$1,000-a-month average mortgage increase ‘too much for many’
One in eight missed a payment in the past six months and stress levels are rising, survey finds.
15 February 2023 • By Keeli Cambourne
Business
Consumer confidence plunges to recession levels
Family finances looks especially bleak for mortgage holders, the Westpac-Melbourne Institute February survey shows.
14 February 2023 • By Philip King
Regulation
TPB bans two tax agents for over $1.5m in unpaid debts
The board terminated their credentials and prohibited them from being re-registered for up to three years.
14 February 2023 • By Josh Needs
Regulation
Valentine’s Day a focus for $40m in fake romance scams: ACCC
With almost 3,700 reports of cold-hearted cons in 2022, the commission urges singles to watch out.
14 February 2023 • By Josh Needs
Appointments
BDO bolsters advisory and audit with two partner-level recruits
A former KPMG US director plus a former Grant Thornton director bring extensive experience to the firm.
15 February 2023 • By Josh Needs
Business
Personal insolvencies to spike in face of rising rates, CPI
Confronted with “significant financial stress”, more individuals will find themselves in bankruptcy says AFSA.
13 February 2023 • By Philip King