Tax

Controversial changes to GIC deductions pass parliament

Amendments to deny deductions for GIC and SIC have now passed both houses.

27 March 2025 • By Miranda Brownlee

more from tag

Tax

Labor passes income tax cuts with support from the Greens

Parliament has passed Labor’s bill to decrease the lowest income tax rate from 16 per cent to 14 per cent from July...

28 March 2025 • By Emma Partis

Tax

Howarth reaffirms Coalition support for instant asset write-off measure

The shadow minister has promised to deliver a permanent instant asset write-off threshold at $30,000 if elected,...

28 March 2025 • By Miranda Brownlee

Business

Dealmakers could be impacted by rapidly evolving market, says M&A expert

Mid-market dealmakers are “cautiously optimistic” for the year ahead based on economic and political uncertainty, an...

27 March 2025 • By Imogen Wilson

Tax

ATO expected to use section 100A as ‘alternative weapon’ after Bendel

The recent Bendel decision is likely to have implications for how the ATO administers section 100A in relation to...

27 March 2025 • By Miranda Brownlee

Tax

Budget confirms Division 296 tax still on the table

The Federal Budget has confirmed the government will push ahead with its Division 296 tax for superannuation balances...

27 March 2025 • By Imogen Wilson

Business

Small businesses left underwhelmed by budget

The small business community has been largely overlooked again in this year's budget, with the government failing to...

27 March 2025 • By Imogen Wilson

Business

Labor unveils federal budget ahead of upcoming election

Treasurer Jim Chalmers announced a raft of new reforms and measures in this year's Federal Budget, including tax cuts,...

25 March 2025 • By Miranda Brownlee

Tax

Government announces new tax cuts in Federal Budget

The government will deliver further tax cuts in 2026 and 2027 in addition to the previous round of cuts introduced in...

25 March 2025 • By Miranda Brownlee

Business

ACCI and VCCI move to empower female SME leaders

The small business advocates are bolstering a pioneering women-in-business program to support aspiring female leaders...

26 March 2025 • By Imogen Wilson

Regulation

Tax agents desperate for ATO phone line overhaul, says NTAA

The ATO’s tax agent phone line fails to deliver the professional support tax agents need and expect, the National Tax...

26 March 2025 • By Imogen Wilson

Super

Government super policies stifling young Australians: CCO

The government’s focus should be on enabling upward mobility, not on policies that stifle growth and divide...

26 March 2025 • By Keeli Cambourne

Regulation

Regulator not afraid of AML enforcement

A leading anti-money laundering expert has warned that AUSTRAC will not mess around when it comes to enforcing the...

25 March 2025 • By Captivate Q

Business

Clunky workflows, talent shortages hampering construction finance teams

Finance professionals working in the construction industry have highlighted inefficient workflows and talent shortages...

24 March 2025 • By Miranda Brownlee

Tax

ATO issues warning on common CGT errors to Next 5,000 groups

Mischaracterisation of information and poor record-keeping are leading to costly errors with capital gains tax among...

25 March 2025 • By Imogen Wilson

Business

Taxation accountants at ‘highest risk of national shortage’: CA ANZ survey

A recent Chartered Accountants ANZ survey has identified a national skills shortage among the occupations of finance...

25 March 2025 • By Miranda Brownlee

Business

CPA Australia calls on government to revamp ‘bleak’ SME landscape

The professional accounting body is calling on the next federal government to be more proactive in revitalising the...

25 March 2025 • By Imogen Wilson

Appointments

TPB unveils additional member appointments

The Tax Practitioners Board has revealed several additional appointments and reappointments to the board alongside...

24 March 2025 • By Imogen Wilson