Business

Business tax reform is red tape ‘for no good reason’

The CGT and trust tax reform will bring more compliance hurdles, paperwork, and tax planning for small businesses but...

25 September 2026 • By Malavika Santhebennur

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Super

Interaction of trust tax and NALI gives rise to ‘tax stacking’ risk, warns SMSFA

Treasury should carefully consider how the proposed trust tax rules will interact with other tax rules, including...

28 September 2026 • By Miranda Brownlee

Business

CGT, negative gearing changes to increase taxes for half of investors, says...

Analysis based on investment data from previous income years suggests that the government's CGT and negative gearing...

28 September 2026 • By Miranda Brownlee

Business

‘There’ll be a crisis point’: 26-year backtrack prediction on 30% minimum...

One tax lawyer has said that the “astronomically complex” discretionary trust tax proposal from the Albanese...

24 September 2026 • By Carlos Tse

Business

Lawyer questions whether government wants tax reform feedback

Rushed legislation and short consultation windows for the tax system overhaul have one lawyer wondering whether the...

23 September 2026 • By Malavika Santhebennur

Tax

Electable regime for trusts ‘unworkable’ as drafted, warns accounting firm

A tax advisory firm has said the government’s proposed electable regime for the trust tax needs substantial reworking...

24 September 2026 • By Miranda Brownlee

Tax

Taxpayer loses appeal in Federal Court decision

A taxpayer has lost his appeal in the Federal Court of Australia after the Commissioner of Taxation determined that he...

23 September 2026 • By Carlos Tse

Business

Intergenerational report forecasts further growth in income tax as share of GDP

Income tax reliance will continue to grow in the absence of policy change, Treasury’s latest Intergenerational Report...

23 September 2026 • By Carlos Tse

Business

Accounting profession excels at 10th Women in Finance Awards 2026

Several accountants, auditors, bookkeepers, and others in the profession have nabbed a finalist spot at the coveted...

22 September 2026 • By Malavika Santhebennur

Business

Foreign investor fined $370k as ATO cracks whip on land banking

A foreign investor was fined $370,000 for land banking practices as the ATO tightens its screws on those who breach...

22 September 2026 • By Malavika Santhebennur

Super

‘Aggressive’ SGC letters from the ATO come rolling in

The ATO’s letters notifying small business owners of SGC payable have led one practitioner to believe the Tax Office...

22 September 2026 • By Carlos Tse

Business

Director fails to prove shortfall penalty assessment was excessive

The Administrative Review Tribunal has tossed a taxpayer’s shortfall penalty objection after it determined that...

22 September 2026 • By Carlos Tse

Tax

Coloured pens, allegedly rushed consent: ATO record keeper ordered to appear...

Questions of alleged coercion and inaccurate records have been raised during a Federal Court hearing against the...

21 September 2026 • By Carlos Tse

Tax

Lawyer offers practical tips for FTEs amid ATO crackdown

With a tight compliance framework around family trust elections, including freezing a family group upon the death of...

21 September 2026 • By Carlos Tse

Tax

ATO’s nearly $100m splurge on Melbourne office referred to inquiry

The Senate has opened an inquiry into the ATO’s $95 million fit-out of its Melbourne CBD office, after it signed a new...

18 September 2026 • By Carlos Tse

Technology

Research reveals major compliance blindspot with AML obligations

Around three-quarters of businesses incorrectly believe that identity verification checks alone can satisfy their AML...

17 September 2026 • By Miranda Brownlee

Technology

Rising workloads, talent shortages placing pressure on accountants, bookkeepers

Recent research from Dext has highlighted higher workloads, difficulty hiring and retaining talent, and keeping up...

17 September 2026 • By Miranda Brownlee

Technology

The AI moment in accounting will follow a familiar pattern

Through every tech shift, from the personal computer to cloud computing, I’ve watched the same pattern repeat, writes...

17 September 2026 • By John Munden