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Accounting bodies push back on TPB shake-up
CPA Australia has opposed the proposal to remove registration pathways with professional bodies while CA ANZ says the rushed timeline risks poor policy outcomes.
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Labor’s code changes an ‘assault’ on accountants: Opposition
The shadow assistant treasurer has demanded the urgent withdrawal of new rules he says are unrealistic and rife with errors.
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Treasury weighs overhaul of TPB registration pathways
The government will consider tightening the “fit and proper person” test and scrapping registration pathways with professional bodies in response to the PwC tax leaks...
TPB’s ‘pragmatic’ code stance a Band-Aid solution: Tax Institute
Senior advocate Robyn Jacobson says it is “deeply concerning” to have to rely on regulator guidance to ensure the government’s changes are implemented sensibly.
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PKF Australia welcomes new Darwin practice, PKF Merit
PKF Australia announced the opening of a new Darwin branch this week, further expanding its presence across the nation.
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Ransomware attack allegedly strikes accounting firm
Ransomware gang Hunters International revealed that a Brisbane accounting practice had been added to its leak site earlier this week.
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ATO’s growing data access ‘alarming’, says TaxTank CEO
The software firm founder has raised serious concerns about the ATO's access to private taxpayer information.
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KPMG to exit commercial law, cut 30 jobs
The big four firm has announced a restructure of its legal business one month after its $80 million consulting restructure.
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Professional bodies unite to demand reversal of code changes
A coalition of 10 bodies has written an open letter to the Assistant Treasurer demanding the withdrawal of his changes to the code of conduct.
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Petition to scrap new code rules hits 1k signatures
ChangeGPS is encouraging the profession to stand against impending code changes as their petition gains momentum.
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EY announces 2 appointments to Asia-Pacific branch
The big four firm has appointed Yew-Poh Mak as EY Asia-Pacific deputy area managing partner and Shannon Cotter as EY Asia-Pacific strategy and transactions leader.
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MYOB Advanced rebrands to ‘MYOB Acumatica’
The change comes as part of an expanded partnership with US enterprise resource planning provider Acumatica.
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TPB chair speaks on new code rules, shuts down ‘scaremongering’
Practitioners can expect the controversial changes to be interpreted “pragmatically” with guidance to be rolled out in coming months, Peter de Cure has told Accountan...
Liquidator hits 5 decades in the industry
Hall Chadwick partner John Vouris has marked 50 years as an insolvency practitioner since starting in 1974, making him one of the longest-standing insolvency practitioner...
Taxpayer wins appeal against Tax Commissioner in Federal Court
The court granted the appeal after the Commissioner admitted that a taxpayer objection ought to have been allowed.
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Blindsided accounting bodies lash ‘unworkable’ code changes
The industry has spoken out against a raft of new rules for tax practitioners introduced by the government without notice.
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Outlook for tax debts ‘not all doom and gloom’, says tax specialist
Obtaining payment plans of two or three years is still possible despite the ATO’s tougher debt collection approach, according to a specialist lawyer.
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Australian SMEs struggling, performance data reveals
SME performance has been calculated at -2.0 in comparison to GDP for May 2024, according to a new business performance monitor from MYOB.
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Boost savings this FY by salary packaging: NALSPA
NALSPA has encouraged Australians to consider salary packaging options for the next financial year to mitigate the impact of increased living costs.
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Minister Jones’ determination ‘inconsistent’ with current law, warns IPA
The ministerial determination creates further uncertainty for tax agents and will be challenging for the Tax Practitioners Board to administer, the professional body says...
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