Regulation

Regulation

The future of lease accounting: Beyond IFRS 16 and the ongoing review

The introduction of IFRS 16 (AASB 16) brought about a significant change in lease accounting, demanding a more...

07 March 2025 • By Ben Scull, Nomos One

more from regulation

Regulation

ATO issues draft determination on dodgy circular financing schemes

The Tax Office will look to apply the anti-avoidance provisions to schemes that exploit the early-stage investor tax...

05 March 2025 • By Miranda Brownlee

Regulation

GST fraudsters handed jail time in Operation Protego investigation

Two fraudsters have been slapped with two years each behind bars as part of the ATO-led Operation Protego investigation.

04 March 2025 • By Imogen Wilson

Regulation

ATO sets its sights on 22k taxpayers with high-value debts

The ATO is moving rapidly to deploy its full powers against a group of taxpayers who refuse to engage with it and...

03 March 2025 • By Miranda Brownlee

Regulation

Accountants are facing AML scrutiny – are you prepared?

Accountants are prime targets for regulators cracking down on financial crime, and soon, Australia’s compliance...

03 March 2025 • By Captivate Q

Regulation

Tribunal affirms ATO’s view in tax residency case

The Administrative Review Tribunal has ruled that an engineer who was working in Dubai was a resident of Australia...

03 March 2025 • By Miranda Brownlee

Regulation

Tax Office issues warning about dodgy NFP tax avoidance schemes

The ATO has seen a resurgence in tax schemes that exploit NFP structures to avoid tax.

28 February 2025 • By Miranda Brownlee

Regulation

Legislative change ‘crucial’ to simplifying reporting for smaller NFPs

The joint accounting bodies have called for “crucial amendments” to define which smaller not-for-profits can apply a...

28 February 2025 • By Imogen Wilson