Regulation

Regulation

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...

12 July 2024 • By Miranda Brownlee

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Regulation

ATO and Lunar seize over $6m of illicit tobacco in West Victoria

The ATO and detectives from Taskforce Lunar have seized 3.3 tonnes of illicit tobacco, over $170,000 cash, and 11...

10 July 2024 • By Imogen Wilson

Regulation

ATO emphasises cyber hygiene during tax time

The ATO has reminded businesses to secure their online platforms, systems, and processes to prevent cyber attacks...

10 July 2024 • By Imogen Wilson

Regulation

Charities stumble on pay disclosure rules, watchdog finds

Nearly a third of large charities misreported executive pay under new transparency requirements, according to the ACNC.

09 July 2024 • By Christine Chen

Regulation

Rank audit firms and tie pay to quality, government told

The IPA has called for major reforms to address firm culture, including public performance ratings and quality-based...

08 July 2024 • By Christine Chen

Regulation

PayPal used unfair contract term with small business, court rules

The Federal Court has found fine print in the company’s user agreement had allowed it to retain unreported overcharges.

08 July 2024 • By Christine Chen

Regulation

Big 4 crusade could hurt high street accountants: CPA Australia

The accounting body says sweeping reforms in response to big four firms’ misconduct will burden smaller practitioners...

04 July 2024 • By Christine Chen

Regulation

Police seize $12m in tobacco after joint operation with ATO

Authorities have estimated the haul is worth almost $9 million in lost tax receipts.

02 July 2024 • By Christine Chen