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  1. Separation anxiety: CGT mistakes to avoid on assets when couples split up

    were the subject of controversy due to the widow tax that applies under the reforms, as reported by The Australian. However, last week, Treasurer Jim Chalmers agreed to expedite legislation to address the widow tax to secure passage of the NDIS reforms....

  2. Commissioner of Taxation on ATO’s digital future

    including updated linking to myGov in June, a call verification feature in April, and real-time updates and account locking last year. “We continue to invest in tools like the ATO app and My ID with the goal of balancing simplicity with enhanced...

  3. Apologies, admissions: how the KPMG hearings ended

    KPMG Australia partners an opportunity to make commentary on the evidence presented throughout the day at the tail end of last week’s hearing. While some former partners apologised for the alleged audit misconduct at the scandal-ridden accounting firm,...

  4. The Tax Institute joins the IPA Group

    with subsequent TTI consultation revealing that 89 per cent of its members approved the proposal. In a joint statement late last year, the two bodies said that they are brought together by the principle, “members are at the centre of everything we do”....

  5. How the KPMG inquiry tested surprising photo evidence

    One of the more surprising revelations to come out of last week’s KPMG inquiry hearing was the attempts by a former partner to downplay her taking photographs of confidential documents. Accountants Daily looks further at that evidence here. As KPMG’s...

  6. Mulino hits SMSFs with new levy in major financial sector reform

    through self-managed super funds, and SMSF losses have already placed immense strain on the CSLR [Compensation Scheme of Last Resort], accounting for more than 90 per cent of costs to date.” Mulino said in a statement that the collapses of the Shield...

  7. Microbusinesses stabilise following 5% decline

    or just general supply into the business, everything’s going up in the inflation environment that we’ve encountered over the last sort of three years or so,” Spring said. Negotiating an SBR Small business restructure (SBR) eligibility requires that a...

  8. Resigning KPMG GC appeals to ‘benefit of hindsight’ during interview scrutiny

    Allens, relied only on 14 interviews of partners in its investigation into whistleblower allegations, with each lasting half an hour each. Allens partner Christopher Kerrigan told the committee: “We didn’t interview in our first investigation people...

  9. Ashneel Kumar - The Trusted Guide with Energy

    A 2026 Australian Accounting Awards finalist, Ashneel and his team were also finalists across multiple categories at last year's awards, including Boutique Firm of the Year and Partner of the Year. How did you start down this career path? My background...

    • Type: Article
    • Author: Rise Accountants
    • Category: Profiles

  10. ‘Naughtiest kid in the class’: former KPMG Australia COO grilled at hearing

    said she would not receive entitlements such as accrued annual leave or retirement payments, and she was not paid for the last month until the date of her expulsion. Hoggett admits to writing email about confidential documents in locker During the...

  11. Whistleblower protections need ‘rethink’ with greater incentives, support

    taxation whistleblower protection framework –as governed by the Corporations Act 2001 and Taxation Administration Act 1953 – last made in 2019, one accounting body has stressed that Treasury’s latest review of the system requires a “rethink”, in...

  12. GIC non-deductibility ‘affecting viability of small businesses’, warns tax expert

    into remission applications.” Williamson said that some taxpayers are forced into a corner where bankruptcy is one of the last options, a position when tax agents must begin a support journey for their struggling client. “This journey with clients to...

  13. Cloudoffis expands Workpapers Sorted

    which it says will help unlock broader market access. Cloudoffis, which supports both accounting and SMSF advisory firms, last week unveiled new integrations between its Workpapers Sorted platform and QuickBooks and MYOB, which it said will...

  14. QuickBooks deepens partnerships with AI powerhouses

    first initiative developed by Intuit in recent times, with the software company launching an open banking initiative late last year. According to Intuit's 2026 AI Impact Report, 78 per cent of US businesses said AI improved their productivity and 43 per...

  15. ‘A sign of the times’: ATO audit outcome letter reflects more assertive regulator, lawyer says

    with Australian tax laws. Audits can vary in complexity, from routine checks to more intensive investigations that may last several months." Speaking with the brand, HWL Ebsworth Lawyers partner Vincent Licciardi (pictured) said that the way that the...

  16. Headline: What the TPB's final AI guidance means for your client data

    finalised its AI guidance. Elfworks co-founders Jimmy McPhedran and Ian Youngman discuss what it means for client data. Last week the Tax Practitioners Board published TPB(GS) 55/2026, its final guidance on the use of artificial intelligence and the...

  17. Australian regulators target Griffith horticulture sector

    at-risk employees in the farming industry. This isn’t the first of the ATO’s investigations in regional NSW in the last week; the Tax Office recently continued its Operation Protego, with a 33-year-old Broken Hill man being charged for allegedly...

  18. Xero price hike has some accountants looking for alternatives

    the back of outages his clients have reported. “There’s been at least two instances or maybe three I can think of over the last year or so where Xero has an outage, sometimes, you know, a day at a time.” Although Scott said that this may have been due...

  19. CA ANZ seeks legal advice on limited waiver applying to KPMG investigation reports

    claim to CA ANZ, and that any such claim to CA ANZ would be inappropriate. In a response sent to the Committee late last week, CA ANZ said that on 11 June, the Professional Conduct Committee of CA ANZ requested from KPMG copies of the correspondence and...

  20. Rushing your tax? Why early birds aren’t getting the worm come tax time

    them before pre-fill information became available. The Tax Office issued corrections for over 140,000 personal returns last year, identifying errors spanning government benefits, investment yields, salary earnings, and health insurance details....

    • Type: Article
    • Author: Matthew Taylor
    • Category: Tax
Results 41 - 60 of 4075
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