Assuming last is required, the following 4010 results were found.

  1. Accounting industry awaits federal election outcome

    the outcome of many of these tax incentives, along with other tax reforms that are yet to be enacted. Labor's policies Last month, the prime minister announced that Labor would introduce a $1,000 instant tax deduction for work-related expenses. Prime...

  2. Where did the fiscal discipline go?

    offer a vision of a better Australia and reform the tax and regulatory regimes to future proof our nation. A key example. Last week, drowned out by other news, the Coalition announced three years of tapered tax offsets for new small businesses, and...

    • Type: Article
    • Author: Chris Freeland, CPA Australia
    • Category: Tax
  3. Making sense of the election policies

    2025 federal election, with polling day on 3 May 2025, the respective parties have spent months, and more particularly the last five weeks, setting out their campaign policies should they be elected to form government. While a number of tax and...

  4. Depreciation expert urges property investors to leverage tax depreciation

    things. Why is it important? Because it means more money in your pocket.” “The first year claim out of the reports we did last year was about $11,000, that was the average. Some get more; some get less. That’s a residential average, and that’s a fair...

  5. Barrister facing suspension accused of tax failures

    her practising certificate, but will soon face an “urgent” hearing to determine allegations of non-compliance. At the end of last year, Andrews had her certificate suspended after the board claimed she had allegedly worked without a practising...

    • Type: Article
    • Author: Naomi Neilson
    • Category: Business
  6. Coalition unveils new tax incentives as part of small business package

    e-commerce tools and cyber security. These latest measures follow other tax incentives announced by both major parties last week, including Labor's $1,000 standard tax deduction and the Coalition's plans to allow first home buyers to claim a tax...

  7. ATO to appeal ART decision on truck driver’s meal expenses

    ARTA 224, which determined that deductions claimed by a long-haul truck driver for meal expenses should be allowed in full. Last week, the Commissioner of Taxation filed a notice of appeal against the ART's decision in the Federal Court. In its decision...

  8. ATO to increase fixed rate for working from home expenses to 70c

    rate method was previously set at 67 cents for the 2022–23 and 2023–24 income years and was 52 cents per hour for 2021–2022. Last year, ATO assistant commissioner Rob Thomson reminded taxpayers that anyone using the fixed rate method will need a record...

  9. Antique goods land GST fraudster with prison sentence

    when he tried to avoid ATO auditors but “could not escape the consequences of his deceptive actions.” Two months after the last GST refund was paid, ATO investigators and the Australian Federal Police conducted a search warrant at Merrett’s residence,...

  10. Industry groups urge major parties to rule out taxing unrealised gains

    Taylor strongly reiterated the Coalition’s opposition to the $3 million super tax in Momentum Media’s Election 2025 event last week. He said the Coalition has not softened its stance on the Division 296 tax on assets above $3 million within super,...

  11. CA ANZ throws support behind Coalition’s plans for accountants in advice

    financial professionals to “support Australians to rebuild wealth”. Speaking at Momentum Media’s Election 2025 event last week, shadow financial services minister Luke Howarth reiterated the Coalition’s intention to make it easier for accountants to...

  12. ATO VIPER taskforce arrests 14 people in latest illicit tobacco blitz

    been arrested following the uncovering of $4.8 million worth of illicit tobacco during an ATO VIPER Taskforce investigation. Last week, detectives from the VIPER taskforce and Victorian Police conducted warrants at 12 tobacco stores in Melbourne,...

  13. ART affirms TPB decision on registration of tax agent

    has upheld a decision by the TPB to reject a former tax agent’s request for registration as a tax agent. In a decision last week, the Administrative Review Tribunal of Australia (ART) has affirmed a decision by the Tax Practitioners Board on an...

  14. Grant Thornton International names Greg Keith as CEO-elect

    the next chapter in our history.” Geh also noted Bodin had been an “exceptional leader” of the international network for the last eight years and oversaw an increase in global revenue from US$5 billion to US$8 billion since he took over the role in...

  15. Howarth reaffirms plans to expand provision of advice by accountants

    more financial advice, particularly in relation to setting up an SMSF." This follows comments made by Howarth in December last year, when he stated that he'd be open to allowing accountants to play a greater role in financial advice, in a similar way to...

  16. ‘Erroneous’ ATO letters burden tax agents with additional work and stress: IPA

    and letters. The Tax Ombudsman announced she would be undertaking a review into ATO letters and written communications last month with the quality of ATO communications still a major concern for registered agents. The IPA said that erroneous and...

  17. Coalition ‘dead against’ Div 296, ASFA ‘not as concerned’

    thought through.” Adding that he thought there was a chance the Labor government would try to “push it through” during the last sitting week, Taylor said the tax is simply to fund “pet projects”. “They are clearly trying to work with cross benches to...

  18. International student caps to worsen accountant shortage, joint bodies warn

    settings to erode living standards, overburden our infrastructure and exacerbate housing shortages in our communities.” Last year, Labor tried to give the education minister powers to cap international student enrolments depending on the education...

  19. Trump’s tariffs set to hit regional NSW SMEs hard: Business NSW

    regional NSW are likely to struggle with the newly enforced 10 per cent tariff policy announced by US President Donald Trump last week. Daniel Hunter, chief executive of Business NSW, said regional businesses selling direct to the US and those trading...

  20. Small business restructuring: All you need to know

    not exceeding $1 million. Together with its related entities, not have adopted SBR or simplified liquidation in the last seven years. Q3: What is the role of a Small Business Restructuring Practitioner (SBRP)? An SBRP assists the business in preparing a...

    • Type: Article
    • Author: Jessie Wang, Wexted
    • Category: Business