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

  1. Payday super part 2: not quite ‘all systems go’

    series that shares the author’s insights on the new Payday Super (PDS) law and implementation of the reforms. Part 1 last week highlighted the problem PDS is designed to solve, recapped the current law, and explained the operation of the new law. In...

  2. AFSA takes former Mackay Goodwin trustee to Federal Court

    of more than $4 million between 2021–2023. According to AFSA, Leroy was deregistered as a registered trustee last year and was now seeking court action to declare he had breached his duties, was not a fit and proper person to act as a bankruptcy trustee...

  3. Outsourcing contributing to poorer ATO phone service delivery, union says

    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...

  4. The accountant who thought they were helping (and created a $200k liability instead)

    something that troubles me: accountants creating liability for themselves while genuinely trying to help their clients. Last month, a director called me in a panic. She'd bought a business, agreed to pay off the seller's tax debt as part of the purchase...

  5. ‘Punishment doesn’t fit the crime’: ATO upholds $9k penalty to dormant business

    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...

  6. Treasury concerned about rising income tax rates, pre-roundtable briefing reveals

    in pre-event documents circulated to attendees. The annotated roundtable agenda, released under Freedom of Information last Friday (31 October), revealed that the government was growing concerned about Australia's increasing reliance on income tax to...

  7. Coalition pushes back on Payday Super timeline to ‘make sure it succeeds’

    positive, yet concerns around the commencement date and implementation for small businesses have begun to surface. Last week, Accountants Daily reported on these concerns from various accounting, super and tax professionals, with the overarching message...

  8. Small businesses remain optimistic despite high stress, report reveals

    small businesses,” he said. According to COSBOA and CBA data, 64 per cent of small businesses reported lower profits than last year (compared to 40 per cent in 2024), six in 10 (60 per cent) reported at least occasionally not being able to pay...

  9. Board of Taxation opens consultation for red tape review

    The Board of Taxation has launched a ‘red tape reduction review’ and is seeking stakeholder feedback until mid-December. Last Friday (24 October), the Board of Taxation announced it would be opening consultation for its red tape reduction review, first...

  10. Company auditor’s registration cancelled after ‘extensive and serious’ failures

    Disciplinary Board has cancelled an auditor’s registration for “extensive and serious” failures in his company audits. Last Friday (24 October), the Companies Auditors Disciplinary Board (CADB) cancelled the registration of company auditor Ryan O’Shea...

  11. No compliance, no extension: Accountant warns late lodgers as 31 Oct deadline looms

    is not automatic, particularly for taxpayers with outstanding prior-year returns. In short, signing up with an agent at the last minute won’t save you from the 31 October deadline if your previous tax obligations remain unlodged. No automatic extension...

  12. How auditors can leverage the technological evolution to their advantage: ISACA

    what organisational structures should be in place in order to protect the organisation while utilising this technology. The last domain talks about audit techniques, and that's really exciting, because it actually talks about how auditors can use this...

  13. AI will not replace accountants: A recent Case Study

    Youngman, Managing Director and co-founder of Elf Works is of the view the role of the accountant is here to stay. “Over the last few months, we’ve spoken to dozens of business owners and sophisticated investors as we finalise our latest capital raise....

  14. Is behavioural finance impacting the advice you give clients?

    clients who are resistant to listening to or adopting the advice of their accountant. Speaking at the Access All Areas event last week in Melbourne, Goldi Group founder Amy Fox uncovered the psychology and influence involved with behavioural finance and...

  15. Whistleblower takes ATO to court for alleged duty of care breach

    or issue any warnings to Oakmoore following his public interest disclosure, despite being made aware of his treatment. Last week (17 October), the Federal Court of Australia dismissed the CoT’s application to end Safarimaznabi’s case early or strike out...

  16. Accountants, industry bodies rally behind Tax Ombudsman's ATO service review

    review into the ATO’s tax agent service, industry members and bodies are pushing for sustainable and meaningful change. Last Thursday (16 October), the Tax Ombudsman unveiled her highly anticipated review into the ATO’s service to tax agents, with the...

  17. Lipo, lip filler, Botox not for early super access, ATO warns

    a significant growth in applications for compassionate release of super, with dental service requests doubling over the last two years. According to the ATO, to be approved, the services needed to be certified by two practitioners as necessary to...

  18. NTAA offers feedback on Tax Ombudsman’s ATO GIC remission review

    The association concluded that this submission to the Tax Ombudsman on the matter followed a submission made in October last year opposing the original draft exposure draft legislation. In addition, another submission was made in conjunction with other...

  19. TPB continues compliance crackdown on PwC, broader industry

    over 1,100 whistleblower complaints having been received by the watchdog. The whistleblower arrangements were introduced last year on 1 July to individuals who ‘blew the whistle’ about related entities to the TPB to assist it in performing its functions...

  20. ‘Overwhelmed, disappointed’: Tax Ombudsman slams ATO tax agent service

    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...