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  1. WA budget misses mark for SME relief, BDO says

    delivering major investments in health, education and housing, according to BDO Australia. The WA state budget delivered last Thursday has failed to address critical needs for small businesses with no inclusion of changes to payroll tax, no new relief...

  2. Voluntary tax believer fined $15k for bogus trust deductions

    due to her personal circumstances and the fact the ATO never paid out the refund. But the AAT dismissed these arguments last week, with deputy president Ian Hanger finding that “no reasonable person” could believe they were complying with tax laws while...

  3. Voluntary super a ‘blatant tax grab’: ISA

    low-income earners would be nothing more than a “blatant tax grab”, according to new research by Industry Super Australia. Last year, Liberal Senator Andrew Bragg put forward a proposal to allow workers earning $50,000 and under to opt out of compulsory...

  4. Voice of the accountant powers design of new workflow solution

    relationship-managing human beings as well. It requires expertise but in way that has genuine human connection. The last few months have been a fantastic insight into the value of accountants and the advice they give. APS Workflow+ is crucial to that...

    • Type: Article
    • Author: David Francis, General Manager at APS Software
    • Category: Technology

  5. Voice can enhance accounting profession, talent pool: CA ANZ

    proposal. CA ANZ dismissed member criticism that the issue fell outside its “advocacy wheelhouse” and hosted a discussion last week where all panellists agreed that the Voice would benefit the profession. Former High Court judge Kenneth Hayne said the...

  6. Virtual CFO firm locks in first two franchisees

    Sequel CFO has followed through on plans announced in December last year to expand through the franchising of its business with the launch of its first two franchisees. Sequel CFO has confirmed that Michael Little and Kevin Jessup have joined the...

  7. Vincents targets advice specialty at Qld start-ups

    who pitched the idea to executive chairman Jonathan Dooley (left) while working as a undergraduate accountant at the firm last year. “I find the relationship-orientated nature of the start-up space really clicks with me and is something that I’m...

  8. Vincents brings reshuffle and new service for FY19

    for the healthcare and built environment industries, Phil Ringuet, to lead the new team after leaving his position early last month. Vincents managing director David Rose said Mr Ringuet’s appointment has been “years in the making”. “In a financial...

  9. Vincents appoints 8 additional equity directors

    according to Vincents. Vincents executive chair Jonathan Dooley said he was pleased to share the announcement internally last month following the firm’s performance in 2024, with revenue growth of 12.7 per cent in FY2023–24. “As Vincents enters its next...

  10. Victorian winners announced for inaugural awards

    Awards. The recipients of the inaugural, state-based SMSF and Accounting Awards were announced at a function in Melbourne last night to a crowd of 200 guests. The full list of winners can be accessed here. The awards event followed the SMSF Summit...

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

  11. Victorian small business grants now income tax free

    means the scheduled major step for most businesses to reopen on 26 October will now likely be brought forward by a week. The last step to reach “COVID normal” will also no longer be defined by a calendar date but will require zero new cases in the...

  12. Victorian ombudsman finds 12,000 businesses ‘unfairly denied’ COVID-19 grants

    owners who were denied the $10,000 grant. The Business Support Fund had been set up during the height of the pandemic last year after metropolitan Melbourne was forced to enter into lockdown. Victorian ombudsman Deborah Glass said her investigation...

  13. Victorian government honours its commitment

    is consistent with the government’s commitment back in November 2023. Readers will recall that the VRLT was expanded late last year to apply to all residential land in Victoria that is vacant for 6 months or more (in aggregate) in the calendar year...

  14. Victorian budget offers ‘little support’ to struggling businesses: CPA

    businesses. “While the government will continue with its proposed increases in the payroll tax threshold announced in the last budget, the threshold at which Victorian businesses start to pay payroll tax still remains the lowest in the country,” it...

  15. Victorian budget fails to save GP clinics from ‘payroll tax fiasco’

    practice groups have warned. The payroll tax landscape for general practices changed substantially across numerous states last year after a final ruling by the NSW Court of Appeal in 2023 deemed independent practitioners as employees for payroll tax...

  16. Victorian accountants sweat on stage 4 lockdown announcement

    beauty and personal services, entertainment and gyms will need to close. What’s next for Melbourne accountants, bookkeepers? Last month, all nine professional bodies of the Tax Practitioners Stewardship Group had called on the Victorian government to...

  17. Victorian accountant jailed for ‘devious’ money-making scheme

    imprisonment, with a non-parole period of five years, for swindling his clients out of $1,469,755.41 and causing them “long-lasting difficulties”, including lost businesses and bankruptcy. Last November, Buff pleaded guilty to four charges of obtaining...

  18. Victorian ‘Airbnb tax’ misjudges landlords, experts say

    Statement came as the latest ASIC figures show construction insolvencies up 41 per cent this financial year compared to last.

  19. Victoria’s 4th lockdown rattles consumer confidence: Westpac

    Consumer confidence has now fallen by 9.7 per cent over the last two months, with the largest dips recorded in Victoria and Western Australia, as house prices soar and Victoria’s lockdown induces uncertainty. The Westpac-Melbourne Institute Index of...

  20. Victoria to hand back $7m in unlawful EV taxes

    from electric vehicle owners with interest, Treasurer Tim Pallas has confirmed. The decision comes after the High Court last month struck down the controversial law – which imposed a 2.8c levy for each kilometre driven by an EV – for being an “excise...

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