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TPB reports over 1k whistleblower reports under new regime The Tax Practitioners Board has received over 1,100 whistleblower complaints since the start of the new whistleblower arrangements in July.  ...
Business conditions continue steady decline in May: NAB Business conditions throughout May have eased again, continuing the steady fall from late 2024 to early 2025. ...
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Productivity roundtable must ‘explore all options’: CPA Australia The professional body has welcomed the prospect of a productivity roundtable in August as the government seeks solutions to boost Australia’s poor productivity growth. ...
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Grant Thornton Sydney adds audit partner to ranks The professional services firm has welcomed new audit partner, David Haynes. ...
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ATO issues reminder on looming interest deductibility changes Interest charged by the Tax Office for late payments or underpayments will no longer be tax-deductible as of 1 July. ...
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Government urged to build simpler, sustainable tax framework: The Tax Institute The Tax Institute is calling on the government to make crucial reforms to support a stronger and fairer tax and superannuation system. ...
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Be wary of all tax time communication, says CPA The accounting body is warning taxpayers to be wary of scams in the form of emails, text messages and other communications this upcoming tax time. ...
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Federal Court overturns ART decision on FBT liability The Federal Court has allowed an appeal by the Commissioner in a decision examining whether fringe benefits tax applied to directors of a corporate trustee. ...
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Trustees should review trust deeds to avoid breaches at EOFY: legal specialist SMSF trustees should carefully review their trust deeds and ensure adherence with current trust laws before 30 June to avoid breaches, penalties, or adverse tax consequ...
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4 Queenslanders charged in alleged money laundering scheme Four Queenslanders have been charged with allegedly smuggling cash across the country in an elaborate money laundering scheme. ...
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Serious Financial Crime Taskforce raises additional $718m in liabilities The Serious Financial Crime Taskforce has raised a total of over $2.9 billion in liabilities since its inception, the latest results show. ...
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BDO announces national office expansions, starting with Sydney The professional services firm is committed to growing its talent and client base through a national office expansion plan.  ...
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Taxpayer loses appeal in case involving unexplained bank deposits The Administrative Review Tribunal has ruled that amended assessments that increased a taxpayer’s assessable income by around $920,000 were not excessive. ...
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Treasurer’s claims about Div 296 ‘farcical’, industry bodies say The SMSF Association has said the Treasurer’s comments that no alternative to the $3 million super tax had been put forward are “farcical”. ...
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1 in 3 Aussies desperate for tax time cash injection, data reveals Thousands of Aussies are in critical need of their tax refund as tax time creeps closer, new research from Finder has found. ...
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Amendments to NSW workers comp reform ‘fall short’: Law Partners The law firm says the reforms remain "fundamentally flawed" despite some of the improvements made to the bill.  ...
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Australia to fall behind without mandatory digital reporting, CA ANZ cautions Australia’s failure to mandate digital reporting practices has placed it at a disadvantage in global capital markets, CA ANZ has warned. ...
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Accountants can play vital role in philanthropy tax planning Tax professionals can provide significant value to clients by providing guidance on the structures and tools they should be using for their philanthropic activities, says...
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Finalists revealed for Australian Accounting Awards 2025 Accountants Daily has unveiled over 300 finalists for this year’s Australian Accounting Awards.  ...
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Greens in discussions with Labor over Div 296 tax The Greens have said they will work constructively with the Treasurer to ensure the proposed tax for wealthy superannuants is “strong and fair”. ...
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