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Tax
Thousands of defunct businesses ‘simply handing back the keys’
About 50,000 business owners a year are simply handing back the keys and walking away, says the chief executive of...
10 March 2023 • By Philip King
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Tax
Fair Work on warpath over slack payslips, poor record-keeping
Small business pay practices have become a target for Fair Work and big fines await those with compliance shortfalls,...
03 March 2023 • By Philip King
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Technology
Work-in-progress AI ‘rich with possibilities’
Xero Australia country manager Will Buckley is excited about where ChatGPT and similar technology will take the tax...
24 February 2023 • By Philip King
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Business
ATO points trust distribution weapons at wrong target
The ATO is gunning for the wrong target in its s100A approach because the authors of the law never intended it to...
17 February 2023 • By Philip King
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Business
Reporting regime has failed to halt ‘shabby’ payment conduct
Four out of 10 issues raised by small business concern “shabby” payment behaviour by the big end of town, says...
10 February 2023 • By Philip King
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Business
Get real about costs or you’ll be left behind by inflation
Accounting firms need to focus on their real expenses and review their prices or get left behind by inflation and...
23 December 2022 • By Philip King
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Business
Supporting the next generation of women in finance
F3 — Future Females in Finance was crowned the Women’s Community Program of the Year at the Women in Finance Awards...
09 December 2022 • By Philip King
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Business
Outdated pricing models mean accountants underpaid
An outdated approach to pricing means accountants have fallen behind other professions and continue to be paid...
25 November 2022 • By Philip King
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Business
Holistic approach ‘vital’ to hiring and retention
Hiring and retention costs have spiked with the low unemployment rate and a firm’s value proposition has become vital...
22 November 2022 • By Philip King
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Business
‘Cautious budget’ for tough economic times
Labor’s first budget stuck to its election campaign script but offered only glimpses of a holistic vision and no...
28 October 2022 • By Philip King
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Business
Making financial services less ‘male, stale and pale’
The financial services industry has historically been male-dominated but encouraging more women into the space is not...
25 October 2022 • By Annie Kane
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Tax
‘Amazing time’ to start an accounting firm, says marketing specialist
It's an “amazing time” to start an accounting firm and inspirational role models – here and overseas – are showing...
14 October 2022 • By Philip King
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Tax
Small business tax objections ‘leapt during pandemic’
Small business objections to ATO decisions leaped during the pandemic and a “significant number and proportion” were...
10 October 2022 • By Philip King
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Business
Small business ‘should bite the sustainability bullet’
Embrace the opportunity to get involved and add it as a service, says CA ANZ reporting and assurance leader.
30 September 2022 • By Philip King
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Tax
Rigorous auditor scrutiny vital to validate green claims
Auditors have a key role to play in achieving sustainability because it needs the same sort of scrutiny they apply to...
29 September 2022 • By Philip King
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Tax
Australia must restore its ‘marquee’ reputation
Australia has lost its reputation as a marquee destination, and while the tide is turning, the managing partner of...
16 September 2022 • By Philip King
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Tax
Skilled migrants ‘need prospect of permanent residency’
A global shortage of accounting professionals means Australia must lift its game on visa processing and offer greater...
05 September 2022 • By Philip King
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Tax
Redraw blurred lines between work and home, ATO warns
Lines between expenses related to business and personal use that became fuzzy during the pandemic need to be brought...
26 August 2022 • By Philip King
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Tax
Decade of budget deficits leaves Australia exposed
Australia is sleepwalking into an economic twilight zone with record debt and an acceptance that budget deficits are...
12 August 2022 • By Philip King
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Tax
Little consolation for SMEs in June CPI
The below-expectation June CPI figure of 6.1 per cent does nothing to defuse concerns over rising fuel, materials and...
29 July 2022 • By Philip King