Tax

Sub-trusts ‘redundant’ under final Div 7A ruling

With interest-only loans no longer an option the commercial incentive for sub-trusts ends, says the Tax Institute.

15 July 2022 • By Philip King

more from tag

Business

Construction industry ‘on collision course with insolvency’

Fixed-price contracts signed months ago are squeezing builders out of business, says CPA Australia.

14 July 2022 • By Philip King

Technology

CA ANZ security hub to help SMEs after $33bn in cyber theft

Criminals are no longer trying to get in through the back door but through a laptop, says chief executive.

14 July 2022 • By Josh Needs

Tax

Student-run free NT tax clinic goes from strength to strength

The service gives students real-world experience while providing for those who cannot afford accountants, says Charles...

14 July 2022 • By Josh Needs

Business

ANZ confirms purchase talks for MYOB

The accounting software specialist is the subject of a potential acquisition by one of the Big 4.

13 July 2022 • By Philip King

Regulation

Former director charged with unlicensed advice offences

The sole director of a former AFS licence has been charged after allegedly providing unlicensed financial advice...

14 July 2022 • By Josh Needs

Regulation

TPB urges agents to renew registrations

The board has provided tips to take the stress out of the process for tax and BAS agents.

13 July 2022 • By Josh Needs

Business

Business confidence ‘teetering on the brink’

Adverse economic conditions will lift insolvency rates by the end of 2022, says the latest CreditorWatch report.

13 July 2022 • By Philip King

Technology

Archa adds expense management integration with Xero

The corporate card and expense management platform becomes a certified Xero app partner.

13 July 2022 • By Josh Needs

Appointments

Why practices must do more to promote talented women

Staff-starved accountancies cannot afford to leave obstacles in the way of female partnerships, says Shaye Thyer.

13 July 2022 • By Philip King

Business

SMEs face fines for failing to report cyber attacks

An expanded definition of critical infrastructure sectors may catch small businesses out, says RSM Australia

12 July 2022 • By Josh Needs

Regulation

ASIC strikes off five SMSF auditors and tightens leash on three

Breaches include failures to lodge annual statements and lack of independence.

12 July 2022 • By Philip King

Business

Staff shortage requires a rethink of what accountants offer

Paying to attract employees – and retain the best ones – delivers only a partial solution to the talent drought.

12 July 2022 • By Philip King

Technology

Virtual corporate cards ‘a risk-free perk’

Almost half of all Australian employees feel anxious about getting reimbursed for work expenses, says DiviPay.

11 July 2022 • By Josh Needs

Appointments

William Buck promotes four to director and seven to principal

The latest appointments cap a record year for career advancement at the firm.

12 July 2022 • By Josh Needs

Business

Tech-savvy operators deserting dinosaur practices

Frustrated by a lack of appetite for innovation, hungry accountants are going out on their own, says Shaye Thyer.

11 July 2022 • By Philip King

Technology

Australian businesses lose $227m in payment redirection scams

Small and microbusinesses were the hardest hit according to the ACCC report.

11 July 2022 • By Keeli Cambourne

Appointments

RSM, Findex bump up partnership numbers

Promotions expand the footprint of two top 20 firms.

11 July 2022 • By Josh Needs