Regulation

Two tax agents banned after falsifying SMSF auditor numbers

Agents found to have acted dishonestly with false statements concerning dozens of SMSFs.
17 October 2022 • By Miranda Brownlee

more from tag

Super

SuperStream issues mean ATO should tread softly: SMSF industry

With the office likely to be “bombarded” with breaches, the SMSF industry hopes it will take an “educative approach”.
17 October 2022 • By Miranda Brownlee
Tax

Top 1,000 taxpayers paid more than $44bn: ATO

One-fifth of corporate income tax and about one-third of GST comes from our largest entities.
17 October 2022 • By Keeli Cambourne
Technology

Lean on specialists for tech and learn to say ‘No!’

Let accountants get on with what they do best and your practice will thrive, Damien Greathead of Intuit says.
17 October 2022 • By Philip King
Technology

Preparation and speedy response key to cyber protection, experts say

Specialists agree each breach is unique, but every business should prepare an emergency plan.
14 October 2022 • By Josh Needs
Regulation

Get advice before it’s too late, CA ANZ warns NSW first home buyers

An annual tax instead of stamp duty might fail to leave consumers better off, the professional body cautions.
14 October 2022 • By Josh Needs
Business

Most CEOs expect recession, plan hiring freeze: KPMG

The firm’s annual global survey paints a gloomy prospect for the next 12 months.
14 October 2022 • By Philip King
Regulation

Tassie food outlets forced to back pay workers $120,000

FWO raids found almost 150 workers being underpaid by 24 cafes and restaurants across Launceston.
14 October 2022 • By Josh Needs
Regulation

Accountants first line of scam defence, says TPB

Board urges agents to raise client awareness of increasing cyber fraud.
13 October 2022 • By Josh Needs
Tax

Revenue ‘too reliant on income tax, with or without stage 3 cuts’

Even with the controversial reductions, taxes on individuals will soon reach record levels and Australia needs to...
13 October 2022 • By Philip King
Super

Pay super with wages to end billions in shortfall: ISA

Industry Super Australia says the upcoming budget should mandate the change to end the “unpaid super scourge”.
13 October 2022 • By Philip King
Regulation

ASIC outlines key strategies for crypto regulation

The Commissioner also reiterated its stance on cyber attacks and companies that fail to protect personal data.
13 October 2022 • By Josh Needs
Regulation

Widespread use of crypto increases risk of disruption, says RBA

In its latest Financial Stability Review, the central bank says digital currencies have similar hazards to other...
12 October 2022 • By Malavika Santhebennur
Appointments

EY Oceania acquires technology services business

The move comes as the firm is “experiencing unprecedented growth” and demand from clients of its technology services,...
12 October 2022 • By Josh Needs
Tax

Tax chief refuses to rule out third term

Despite signalling he would leave in 18 months, Chris Jordan could see his digitisation project through to the end of...
12 October 2022 • By David Walker
Regulation

EV take-up by long-distance commuters ‘key to reducing emissions’

As governments target 50 per cent of new car sales to be electric by 2030, report finds the most reluctant buyers...
12 October 2022 • By Josh Needs
Regulation

Tax objections report uncovers strange results, says IGTO

A surprising number of counter-intuitive findings emerge from an inquiry into ATO objections.
12 October 2022 • By Philip King
Tax

Stop tinkering, get cracking on bold tax reform: BDO partner

The government has time on its side when it comes to stage three tax cuts, he said, but should aim for a revamped tax...
11 October 2022 • By Josh Needs