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  1. Former UK tax commissioner named next IGTO

    tax, public sector reform, complaints management and dispute resolution, having spent more than 30 years in various senior leadership positions across the public sector in Australia and the United Kingdom,” he said. Owen began her career in 1990 with...

  2. Victoria’s ‘hibernating’ property tax could rival GST in impact

    warned the consequences would only be apparent when the duty applied in 10 years. “From the perspective of what it could lead to, it is possibly Australia’s most significant tax change since the GST,” it said. “The reality is that the practical impact...

  3. ATO’s outdated estate rules cause delays, confusion

    the death certificate, will and probate. However, practitioners reported the ATO often failed to receive the notifications, leading to additional effort and time spent and also raising concerns about the security of personal information. “Feedback from...

  4. ‘Bullish’ Moore Australia shakes up leadership team

    growth ahead, driven by a shift from the big four to the mid-market, the firm says. Moore Australia has revamped its senior leadership team and made several promotions across the country with a “bullish” outlook for the year ahead as a beneficiary of...

  5. 125% foreign student visa fee hike to worsen accountant shortage

    recommendations and the government’s migration strategy, he said. CPA Australia’s business investment and international lead, Gavan Ord, called the move “outrageous” and warned it could make Australia less attractive to international students. “Poorly...

  6. CA ANZ slams government’s ‘confused’ big 4 regulation paper

    with “perceived” risks and weaknesses in the current framework, without considering strengths could unintentionally lead to policy outcomes that made audit regulation worse. The paper’s analysis was also missing texts and sources CA ANZ said were...

  7. OECD executive among 3 new ‘high calibre’ KPMG hires

    appointment complemented the firm’s consulting restructure. “David is a highly respected national and global policy leader who joins us after a decade at the OECD,” he said. “As a key member of our business transformation team, David will provide...

  8. Nearly half of crypto investors unclear on tax rules, survey finds

    for Ethereum requires reporting any gains or losses on the Bitcoin eTrade.” Failing to recognise a taxable event could lead to an incomplete picture of investors’ cryptocurrency income. “Ensure that all income related to cryptocurrencies is reported,”...

  9. The current state of play with tax debts and the ATO

    She sheds light on the factors the ATO is looking at when considering when to grant payment plans and what is likely to lead to a more favourable outcome. Koskie also explains what initial steps businesses with these debts should be taking and how they...

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

    crime groups from becoming involved. “We have said previously that Victoria police is focused on targeting syndicate leaders, directors, facilitators and organisers responsible for this criminal offending,” Hatt said. “That remains a key priority for...

  11. Boutique law firms seeking accounting practice partnerships

    will lend to a successful and beneficial collaboration. “A collaboration approach means the work can stay local and can lead to better growth opportunities for both law and accounting practices,” he said. Michaels states the merge will not only be an...

  12. Financial management critical amid rising insolvencies, says insolvency expert

    may be causing problems and issues and why financial pressures may be arising. Keeping business and financial records will lead to a better position to monitor the progress or operations of the business, which can aid in avoiding liquidation. ASIC...

  13. ATO’s growing data access ‘alarming’, says TaxTank CEO

    Taxpayers should be questioning the ATO’s right to their private information as many taxpayers are unaware this could lead to unexpected fines and consequences in the future, Kelly said. “Many Australians are unaware of the ATO’s extensive reach into...

  14. Labor’s code changes an ‘assault’ on accountants: Opposition

    assistant treasurer Luke Howarth said Jones’ recent code changes were burdensome for practitioners to implement and would lead to additional costs being passed on to consumers during a cost-of-living crisis. “Assistant Treasurer Stephen Jones has...

  15. Women in Finance Summit 2024 launches

    which will spark critical conversations about the issues facing women in financial services while showcasing those in leadership positions who have been reshaping the future of the industry. It is aimed at like-minded women eager to foster an inclusive...

  16. NALSPA calls for e-bike FBT amendment

    more practical and accessible for a larger number of people.” “Riding e-bikes is a very economical way to commute that can lead to significant savings compared to a car and even public transport- you’re not paying for parking, fares or fuel.” NALSPA...

  17. Less than half of Australians confident about retirement: AustralianSuper

    also aid in the visualisation of a healthy retirement super fund, AustralianSuper said. Seeking professional advice will lead to well-informed decisions and a solid plan to maximise retirement savings and investments. Blackmore said he wants Australians...

  18. Young accountants at risk of ‘burnout’, warns Springfox

    accountants kickstart their careers they often have to grapple with high expectations and pressures to succeed which can lead them to set lofty goals and take on more work than they can handle,” she said. “This drive, while admirable, can soon leave...

  19. Steven Zabeti – Awarded ‘Partner of the Year’ in Australia!

    an annual event that brings together the nation’s finest in the field, is a testament to the excellence, innovation, and leadership demonstrated by professionals across the industry. This year’s ceremony, held at Hyatt Regency in Sydney, was no...

  20. Joint bodies fight for crucial changes to $3m super tax bill

    in a recent statement. The joint bodies have also warned that the absence of indexation for the $3 million threshold will lead to generational inequity and unnecessary uncertainty for the superannuation system. The JAWG is also concerned about a lack of...

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