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  1. Melbourne accountant charged over alleged involvement in money laundering syndicate

    introducer program for home loans, his firm did refer loans to mortgage brokers who were submitting applications to banks. Last week a 32-year solicitor was also arrested on multiple charges relating to his alleged involvement in a multimillion-dollar...

  2. Medicare levy rises as another levy ends

    In a welcome move for Australian taxpayers and despite ongoing speculation, it is clear after last night’s budget that a key levy has not been extended, while the Medicare levy has been increased. With its absence from the federal budget, it is...

  3. Medical centres confront $600k payroll tax bills or closure

    of thousands of dollars have already been sent to medical centres in NSW and Victoria after the state revenue offices last week confirmed that GPs count as employees. The Royal Australian College of GPs said several regional practices had received...

  4. Medical centres ‘sleepwalking to payroll tax precipice’

    liability. However, the landmark case of Thomas and Naaz Pty Ltd v Chief Commissioner of State Revenue [2022] NSWCATAP 220 last year had cast a shadow over such arrangements in NSW, he said, and now Victoria and Queensland were adopting the revised...

  5. Medibank breach could compromise up to 4 million

    the breach to cost $25 million to $35 million. Medibank shares, which resumed trading yesterday following suspension last week, had plummeted 18 per cent by the end of the day to $2.87. The marketing manager of cyber security specialist Eftsure, Niek...

  6. Meaningful tax reform in high demand, says mid-tier

    call for a return to the Tax Reform process that has floundered in recent years,” Mr Cunningham told Accountants Daily last month. “The so called ‘root and branch’ tax reform process, that was ignited by Ken Henry’s 2010 Australia’s future tax system...

  7. McDonald’s fined over ATO document compliance failure 

    we need to undertake reviews and audits,” Mr Day said. “We only issue formal notices to taxpayers to obtain information as a last resort; where a cooperative approach is no longer productive or where a taxpayers’ circumstances, history or behaviour...

  8. Mazars unveils global rebrand

    9 per cent organic growth. Mazars Australia, which doubled its local presence through mergers in Brisbane and Melbourne last year, had announced a 100 per cent growth in revenue in 2019. Jim Mascitelli, managing partner of Mazars in Sydney, said he was...

  9. Mazars Australia boasts 100% revenue growth

    31 August 2019. The growth comes as the firm doubled its reach in Australia through its expansion in Brisbane and Melbourne last year. Mazars Australia now employs 302 professionals under the leadership of 34 partners. The Australian figures contributed...

  10. Maximising your value outside of EOFY

    use these tools to create effective and efficient solutions for our clients, but what’s next for the bookkeeper? Over the last five years especially, the term “move to advisory” has been thrown around and it’s a broad term. What does it actually mean to...

  11. Massive drop in BAS agent knockbacks, cancellations

    versus 1,646 in the year prior. There was also a drop in the number of applications that were formally rejected by the TPB last financial year. The TPB formally rejected only one BAS agent application in 2016/17 versus 17 in the year prior. “It has now...

  12. Mass rollout of new portals begins for tax, BAS agents

    the new system agents will use to access services which are currently housed in the tax and BAS agent portals. As reported last year, the public rollout will occur from now until the end of March this year. If all goes to plan, the ATO may move from...

  13. Marching orders for firm as Fed Court brought in

    in February. It also follows the corporate regulator obtaining interim injunctions in the Perth Federal Court late last year against the firm, its sole director Max Goldenberg and its sole shareholder Travis Goldenberg. ASIC’s investigation to the...

  14. Maptek founder accused of $38.5m tax fraud

    the founder of leading mining technology provider Maptek, faced the Adelaide Magistrates Court on Friday after being charged last week in relation to an alleged taxation fraud spanning 15 years and totalling more than $38.5 million. Dr Johnson faces two...

  15. Manning and TJL Business Advisors announce merger

    NSW-based Manning Tax & Business Consultants (MTBC) has merged operations with two-office accounting firm TJL Business Advisors, with the firms citing a desire to provide a more complete service offering as the driving force behind the move. TJL...

    • Type: Article
    • Author: Staff Reporter
    • Category: Business

  16. Managing client anxiety about when to lodge tax returns

    cast on entity structuring/trusts/CGT for small business owners. And this is aside from the many ATO PCGs run through in the last few years (effectively changing precedent/interpretations/rules without actually changing any laws – flying under the...

  17. Man sentenced for buying stolen data from criminal website

    of the crime and cited significant disruptions to Melbourne courts after a recent cyber attack. Police investigated the man last year after he was found to be using an invite-only website – known as Genesis Market – which sold login credentials,...

  18. 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...

  19. Male accounting execs facing leave stigma

    in the accounting industry around men taking extended leave when their child is born. “There's been an evolution over the last decade where maternity leave for women has been very much highlighted as a benefit, but I think men are still worried about...

  20. 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...

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