Regulation

Regulation

IGTO launches review into financial abuse in the tax system

The Inspector-General of Taxation and Taxation Ombudsman will examine the ATO's identification and management of...
27 November 2024 • By Miranda Brownlee

more from regulation

Regulation

Victorian equestrian jailed for $700k in fake GST, JobKeeper claims

A 44-year-old has been sentenced to three years and six months in prison after defrauding the ATO during the pandemic...
22 November 2024 • By Christine Chen
Regulation

Government issues consultation to crack down on ‘dodgy business practices’

The Albanese government announced it will be banning “dodgy” business practices that continuously rip off Australians...
19 November 2024 • By Imogen Wilson
Regulation

Government cautioned on penalty proposal for accountants’ certificates

The professional bodies have raised concerns about ASIC’s proposal to impose new penalties for the misclassification...
19 November 2024 • By Miranda Brownlee
Regulation

Too soon for more promoter penalty changes: CPA Australia

Advisers still need time to adapt to reforms to the regime’s scope and penalties that kicked in just six months ago,...
18 November 2024 • By Christine Chen
Regulation

‘Bold and broad’ inquiry reforms to restore trust in profession, says IPA

Recommendations from the consulting inquiry focused on whistleblowing, partnerships, large firms and consultants will...
18 November 2024 • By Miranda Brownlee
Regulation

14k NFPs lodge first self-review return

The ATO has addressed emerging concerns about the new reporting for NFPs and provided tips for lodgment as the...
14 November 2024 • By Miranda Brownlee
Regulation

Over-regulation of tax agents jeopardises future tax services: CA ANZ

The government has failed to consider the longer-term policy ramifications of the recent spate of legislative changes...
13 November 2024 • By Miranda Brownlee