Regulation

Regulation

Digital financial reporting: An Australian failure

A failure to adopt digital financial reporting has left Australia stuck in the 20th century.

25 March 2025 • By Prof Peter Wells & Prof Stephen Taylor, UTS

more from regulation

Regulation

Majority of NFPs yet to lodge self-review return as deadline looms

The ATO has issued an urgent reminder to not-for-profits with roughly only 20,000 of the total 100,000 NFPs required...

18 March 2025 • By Miranda Brownlee

Regulation

Community tip-off leads Tax Office to seize $35m of illicit tobacco

Sixteen tonnes of illicit tobacco valued at nearly $35 million have been seized by the ATO, Victoria Police and the...

17 March 2025 • By Imogen Wilson

Regulation

Changes to tax secrecy laws could pose ‘unacceptable risk’, warns Tax Institute

The sharing of confidential tax information with bodies or agencies unrelated to tax administration raises...

13 March 2025 • By Miranda Brownlee

Regulation

Accountants grapple with incoming reforms

As accountants deal with the implications of incoming AML/CTF reforms, the IPA’s chief executive has shared the...

12 March 2025 • By Captivate Q

Regulation

ATO issues FBT reminder as March deadline looms

The Tax Office has issued a reminder to employers about some changes that may affect their fringe benefits tax...

11 March 2025 • By Imogen Wilson

Regulation

Small change to secrecy provisions could combat phoenix activity: Joint bodies

Providing the ATO with the power to inform ASIC about the existence of tax debts when strike off action is in progress...

11 March 2025 • By Miranda Brownlee

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