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  1. GT announces leadership shake-up and partner appointments

    taken over the position of Grant Thornton chief executive, replacing former CEO Robert Quant who held the position for the last eight years. As a result, Nicole Bradley has been promoted into the role of managing partner of the Sydney office. Mr Keith...

  2. GST, PAYG withholding a ‘significant portion’ of $50bn tax debt

    summit that ensuring taxpayers pay their tax and super obligations will remain a key focus for the ATO. In September of last year, deputy commissioner Vivek Chaudhary said the ATO’s collectable business debt had nearly doubled over the last four years....

  3. GST reform continues to spark debate among accountants

    with opinions differing around the need for its complete, holistic reform. As GST hit the 25-year anniversary mark last month, discussions around how it was originally introduced and proposed to the Australian economy have surfaced. Speaking on this...

  4. GST kicks in for online hotel bookings

    of Australian commercial accommodation, including hotels, will now have to factor in GST after the loophole was closed last month. First announced in the 2018 budget, Treasury Laws Amendment (Making Sure Multinationals Pay Their Fair Share of Tax in...

  5. GST fraudster sentenced after attempting to obtain over $100k in refunds

    Twenty individuals have now been sentenced for their involvement in a GST refund fraud scheme since the beginning of last year. The scheme involved submitting fictitious business activity statements for a false GST refund. The latest offender to be...

  6. GST and stamp duty reform key to a sustainable tax system

    also be crucial in ensuring long-term sustainability in the tax system, says a key tax body. Delivering the state budget last month, NSW Treasurer Dominic Perrottet announced his intention to reform stamp duty. Supported by a consultation paper, the...

    • Type: Article
    • Author: Reporter
    • Category: Tax

  7. Growing credit reliance reaches ‘concerning’ levels, data reveals

    for September 2024, commercial credit demand increased by 0.7 per cent in quarter three compared to the same quarter last year. This uptick was driven by increased demand for business loans from hospitality and retail businesses. It was also found that...

  8. Grow your accounting firm the right way

    handled by a single software. Tracking contributions We’ve all received that phone call, from a trustee or adviser, in the last week of June asking how many contributions can be made for the year. Prior to recent legislative changes, the answer was...

  9. Greens propose 6% wealth tax, corporate super profit tax

    a day, and fund government employment programs. “The next election will be closer than people think,” Mr Bandt said. “At the last election, Australia was only 828 votes away from a minority Parliament. “At the next election, people can kick the Liberals...

    • Type: Article
    • Author: Reporter
    • Category: Tax

  10. Greens move to force profitable firms into JobKeeper repayment

    would see companies with an annual turnover of more than $50 million that received JobKeeper and booked a profit over the last year forced to repay the full amount received from the government. The proposed amendments would also force firms with an...

  11. Greens JobKeeper repayment bill surfaces in the Senate

    to force certain firms with an annual turnover of more than $50 million that received JobKeeper and booked a profit over the last year to repay at least the sum of their profits, before their GST credits are delayed 10 years. The bill would also require...

  12. Grattan proposal raises ‘serious concerns’: auditing expert

    servants. They may have good intentions, but most have never sat with a retiree trying to figure out how to make their money last or how to plan for aged care.” However, Randeria said she does support some of the ideas the Grattan Institute proposed,...

  13. Grant Thornton promotes long-time business adviser to principal

    of the division of around 50 staff. “There's been a fair bit of a refresh of our leadership team in our division in the last 12 months,” Mr Hogg said. Grant Thornton promoted Heather Gouveia and Ben Napier to partner in June. Meanwhile, veteran partners...

  14. Grant Thornton polices Women’s World Car of the Year vote

    cars in contention this year are the Alfa Romeo Tonale, Mercedes-Benz EQE and several Chinese models including the MG RX8. Last year’s supreme winner was the Peugeot 308, available in Australia from $43,990. Previous winners include the Land Rover...

  15. Grant Thornton overhauls tax team leadership

    funds. She brought extensive knowledge of regulatory and taxation issues to the role. After coming to Grant Thornton late last year also from Deloitte, Kristina Popova has been appointed as state taxes partner, specialising in advising clients about...

  16. Grant Thornton offers more context following ATO property tax alert

    a Grant Thornton tax partner has provided additional context for those who might find themselves in the ATO’s sights. Last Wednesday (14 January), the ATO released tax alert TA 2026/1, which said taxpayers using contrived property arrangements to obtain...

  17. Grant Thornton nabs new partner from PwC

    looking forward to being part of our clients’ growth journey." My Savage is the firm's eighth lateral partner hire in the last 12 months with the firm clearly attempting to broaden its skill set through experienced hires. Grant Thornton has also...

    • Type: Article
    • Author: Michael Masterman
    • Category: Business

  18. Grant Thornton merges with AML specialist Initialism

    has been accentuated by aggressive levels of recruitment being undertaken by AUSTRAC and financial institutions over the last 12 months,” said Mr Pittendrigh. “Neil Jeans and Initialism are considered to be pre-eminent experts in the AML/CTF field, and...

  19. Grant Thornton makes job cuts to management consulting group

    the retirement of up to 37 partners. The firm cut 340 staff only four months ago. Within a day of that announcement last year, EY let go of 320 employees across the country. Redundancies in the consulting sector have been near ubiquitous in recent...

  20. Grant Thornton makes 9-day fortnight permanent

    for.” When it comes to introducing flexibility in the way its employees work, Grant Thornton is certainly not alone. Last year, Findex Group’s auditing arm, Crowe Australasia introduced a permanent 9 day week of its own, after a 6 month trial proved...

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