Assuming last is required, the following 4044 results were found.

  1. ATO shifts penalty remission requests online to improve consistency

    tax agents in this review. Agents are reporting an increasingly poor experience with the ATO’s agent phone line over the last two years, citing inconsistent advice and a lack of suitably skilled staff. This is contributing to a general feeling of not...

  2. ASIC pledges regulatory simplification for small businesses

    regulatory simplification program. At the Small Business Association of Australia (SBAA) International Small Business Summit last week (5 December), ASIC commissioner Kate O’Rourke shared the regulator’s plans to bolster the small business community....

  3. ‘All you can eat Xero data buffet’ comes to abrupt end

    Late last week, Xero made the shock announcement that it was changing the structure of its API fees for app partners, leaving accountants reeling and disappointed with the decision. Editor's note: This story has been updated to include a statement from...

  4. Bumper part 2: what to look out for in 2026

    anti-money laundering and counter-terrorism financing (AML/CTF) obligations for accountants starting 1 July 2026. Late last year, the ATO signalled it would be toughening its stance on unpaid taxes and superannuation, increasing the number of director...

  5. Small Business Pulse reflects additional uptick: ASBFEO

    Enterprise Ombudsman (ASBFEO) has published the latest Small Business Pulse, reflecting an increase of 0.8 per cent for the last quarter. Ombudsman Bruce Billson said over the past 12 months, the pulse had increased 0.5 per cent and that there was “a...

  6. Success and happiness: The real gift to accounting firm coaches

    about how it feels. You know, we can ask our clients for example, how does it feel to earn four and a half times as much as last year, or in their entire life,” she said. “What does that even feel like? It’s not that I like tracking the numbers. I just...

  7. To fix or not to fix: What smart accountants are doing with their home loans

    per cent, with its lowest two-year fixed rate now starting at 5.24 per cent. BOQ increased its fixed rates by 0.40 per cent last week. Two-year fixed rates remain the sharpest priced in the market. At the time this article was published, the sharpest...

  8. ‘Same job, same pay’ case could turn ATO outsourcing on its head, recruiter says

    lodged by an ATO phone operator could upend the agency’s use of contract phone workers, a recruitment specialist has said. Last week, the Fair Work Commission (FWC) held a preliminary hearing for a ‘same job, same pay’ case lodged by an ATO phone line...

  9. A reminder: The super powers of SMSFs do not extend to enabling early access

    deterrence to impose penalties) and relevantly confirmed as follows: 1. funds in an SMSF are not to be used as a lender of last resort (see Smith v Federal Commissioner of Taxation [2011] AATA 563); 2. it is not unreasonable to tax a superannuation...

  10. ‘Nothing new’: Tax experts weigh in on ATO’s PCG 2025/5

    released a final practical compliance guideline on the personal services income rules and the application of Part IVA. Late last week, the ATO published the final practical compliance guideline for personal services businesses and Part IVA of the Income...

  11. How accountants can help owners build businesses that investors want to buy into

    shift focus from what happened to what’s possible Most owner–accountant conversations still revolve around what happened last year. Necessary? Yes! But not enough when valuation depends almost entirely on the future. I’ve found that once owners can see...

  12. IAWO trend continues as calls are renewed for permanency

    The Albanese government revealed the extension of the $20,000 instant asset write-off (IAWO) measure as it passed the Senate last week (27 November). The IAWO was extended until 30 June 2026 in hopes it would “boost cash and incentivise small businesses...

  13. No, seriously, where are the women?

    it serves. “While there has been some success in increasing the number of female practitioners in the industry over the last three years, we still have a long way to go,” he said. “We have a number of excellent female practitioners and female lead firms...

  14. Researcher calls for overhaul of Australia’s insolvency frameworks

    but unfortunately in Australia we've got this real stigma about accessing insolvency frameworks.” In a speech delivered last Tuesday (18 November), Andrew Leigh, Assistant Minister for Productivity, Competition, Charities and Treasury, said a robust,...

  15. ATO phone contractor lodges ‘same job, same pay’ application

    tax agents in this review. Agents are reporting an increasingly poor experience with the ATO’s agent phone line over the last two years, citing inconsistent advice and a lack of suitably skilled staff. This is contributing to a general feeling of not...

  16. Boutique advisory quality, demand set to rival big 4

    and redundancy. Accountants have linked it to clients receiving better advisory services at the smaller end of town. Last week, Accounting Times reported EY had made further cuts to its advisory team with the redundancy of 50 roles due to a plummet in...

  17. Man charged with allegedly issuing over 10k fraudulent invoices to Bunnings

    of fraud for allegedly issuing fraudulent invoices to Bunnings Warehouse and being disqualified from managing corporations. Last Friday (21 November), Queensland man Brent Young was charged with one count of fraud and one count of managing a corporation...

  18. SMC warns against handing low-income Aussies CSLR bill

    The Compensation Scheme of Last Resort levy for FY2027 has been estimated at a whopping $137.5 million, urging the Super Members Council to call for protection of low- and middle-income Australians. Following the reveal of the Compensation Scheme of...

  19. ATO’s holiday home owner tax changes spur taxpayers to be ‘wary and proactive’

    approach to rental property tax deductions, tax advisers are warning holiday home owners to be wary of the coming changes. Last Wednesday (12 November), the ATO withdrew its existing ruling on rental property deductions (IT 2167) and unveiled a new...

  20. No free lunch: Corporate catering director lands $2.8m tax bill

    catering business has landed a hefty tax bill after failing to pay superannuation guarantee charges and GST liabilities. Last Thursday (13 November), catering company director Michael Deering landed a $2,804,639 tax penalty after failing to pay the ATO...