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ATO graduate program for 2025 closing soon The ATO is on the hunt for accounting, law, finance and commerce graduates for its 2025 graduate program. ...
ATO issues alert on false invoicing arrangements Businesses using illegal financing arrangements have been put on notice with the Serious Financial Crime Taskforce using improved analytics capabilities to identify these...
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First-ever accounting conference and expo launches Accountants Daily will host its inaugural ACE24 Accountants Daily Conference and Exhibition, where the ATO and other accounting specialists will share deep insights. ...
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Government warns taxpayers again of myGov ATO scams Fraudsters are still sending bogus messages to gain access to personal information and illegally claiming tax refunds, the government says. ...
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William Buck director fined $20.6k over audit independence concerns Nicholas Benbow is the first auditor ASIC has fined over allegedly breaking five-year rotation requirements for listed companies. ...
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ATO urges NFPs to start preparing for new reporting requirement The ATO has warned the 150,000 not-for-profits who currently self-assess as income tax exempt to get ready for their annual self-review return. ...
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Big 4 partners, directors jump ship as mid-tier demand surges Partners and directors from EY and Deloitte have moved to BDO and RSM in a flurry of recent appointment activity. ...
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ATO to boost affirmative action after missing Indigenous staff targets A mid-year report has shown the Tax Office is struggling to meet 2023–24 staff representation targets, with the problem particularly pronounced at senior levels. ...
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Tax agents ‘relentlessly pushed to self-serve’ on ATO systems, says CA ANZ Practitioners are frustrated with the increasing amount of administrative work they are required to do due to inefficiencies with Online Services for Agents, says the ass...
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GST, PAYG withholding a ‘significant portion’ of $50bn tax debt Small businesses are increasingly falling behind on debts, with two-thirds of all debt owed by small business, the ATO warns. ...
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Discretionary spending by households dips in latest data A slight fall in discretionary spending suggests consumers may be shifting their spending due to cost-of-living pressures, according to the ABS. ...
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Accounting bodies pin hopes on UK deal to relieve auditor shortage A mutual recognition agreement between Australian and UK regulators should increase talent flows and be a "major drawcard" for an audit career. ...
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Households face highest tax levels in 2 decades, analysis shows State and federal governments must make a concerted effort to curb spending or risk a record tax blowout, according to the Centre of Independent Studies. ...
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Government’s ‘high-taxing agenda’ damaging small business, says Peter Dutton Complex changes to the IR system, increased taxes and rising energy costs are crippling small business and impacting productivity, says the Opposition leader. ...
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PKF appoints 2 Newcastle audit partners Auditors Kevin Helmers and David Hutchison have been promoted after working at the mid-tier firm for over a decade. ...
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Revenues fall for over 1 in 3 sole traders, survey finds The result from Hnry’s sole trader survey bucks a two-year trend of post-pandemic growth. ...
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Deakin tax tool to help NFPs cope with ATO’s ‘ticking time bomb’ New reporting requirements threaten the tax-exempt status of thousands of NFPs without accounting experience, Deakin University says. ...
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Aged care reforms need more consideration: joint bodies Professional accounting bodies have said the government needs to carefully consider funding arrangements before implementing reforms in the aged care sector to ensure t...
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Common FBT mistakes flagged as FBT season kicks off BDO has outlined several areas within fringe benefits tax that employers and accountants should pay close attention to. ...
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ATO responds to tax agent gripes over TPAR obligations Tax agents have expressed frustration over a lack of visibility with client lodgment obligations and the time frame for reporting. ...
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