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  1. Under the Hood: Better practice, better life

    Why coaches and mentors are key in helping practice owners achieve success. How the accounting industry has changed over the last 27 years. The benefits of reaching out for help. Amanda’s key roles as part of the GST Stewardship Group and TPB Board. You...

  2. Under the Hood: ‘Relatively quiet’: The tax landscape in 2025

    for 2026, Imogen is joined by co-host Lee-Ann Hayes to reflect on the “relatively quiet” tax landscape over the course of last year. Tune in to hear more about: Lee-Ann’s perspective of the tax developments, or lack thereof, in 2025 The handful of bills...

  3. Uncertainty driving investor interest in wholesale property trusts

    million in quality assets in Queensland, Victoria and New South Wales. Recently we have seen an increase in inquiry, and our last offer, a Hospitality Trust in Bundaberg, was over-subscribed in less than three weeks. We’ve also seen strong enquiry for...

    • Type: Article
    • Author: Steve de Nys, Stronghold Investment Services
    • Category: Business

  4. UK’s audit reforms could be a ‘watershed moment’ for global markets

    that similar reforms might take shape in Australia, after recommendations handed down by the inquiry, released in November last year, cast emphasis on ASIC and the Financial Reporting Council to define audit and non-audit categories, and provide clarity...

  5. UK tax increase offers platform to governments to consider COVID-19 debts

    move highlights the need for leaders to start thinking about the ways they will repay the economic costs shouldered over the last couple of years, as economies move to live with COVID-19. “The Morrison government is not immune from this, Australia has...

  6. UK regulator finds no ‘systemic’ exam cheating issues

    to account for any shortcomings that might be identified.” Breaches cited by the FRC include a $US100 million fine on EY last June — the largest ever imposed by the US Securities and Exchange Commission on an audit firm — for “cheating by its audit...

  7. UK moves to break up big 4 audit dominance

    and be funded by an industry levy. The proposed reforms follow mounting concerns over the UK’s audit market over the last two years. The UK’s Competition and Markets Authority released a final report on its audit services market study in April 2019,...

  8. UK audit overhaul needs to be ‘watched very carefully’

    competition concerns in the audit market are opening up big questions around the future of audit on an international level. Last month, the UK’s Competition and Markets Authority released the final report of its audit services market study, recommending...

  9. Twofold increase for alternative lending a ‘good sign’ for accountants

    of a spike in job growths, with recent figures by the Australian Bureau of Statistics showing over 61,000 new jobs in the last month. “There has been an uptake in activity in the small business space, as more than 50 per cent of employment comes from...

  10. Two-thirds of SMEs expect further economic decline; on-time payments to be ‘critical’

    optimistic about the timeline for recovery, with 36 per cent stating they expect the pandemic and its economic effects will last for six to 12 months, and another 26 per cent predicting recovery to take another year or two, possibly longer. MYOB chief...

  11. Two-thirds of adults unaware of credit score, study finds

    conditions.” The survey of 1,021 people aged 18 years or older was conducted with YouGov between 9 October to 11 October last year, with data weighted by age, gender and region to reflect ABS population estimates. It found 65 per cent of respondents had...

  12. Two-speed economy hitting SMEs, says MYOB

    confidence in their revenue performance, business operators have reported increasing pressure on their operations over the last five years. The survey highlighted a number of leading pressures like fuel prices, cash flow, price margins and the timing of...

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

  13. Two men get 8 years’ jail for $40m gold bullion fraud

    bullion fraud in the wake of an ATO investigation. The Supreme Court of NSW convicted Cedric Adrian Millner and Jonatan Kelu last Friday of conspiring to dishonestly cause a loss to the Commonwealth through a scheme to falsely claim GST credits for the...

  14. Two jailed for serious tax fraud offences

    successful investigations under the Serious Financial Crime Taskforce (SFCT). Former financial adviser Jeffrey Conklin was last week convicted in the Sydney District Court for tax fraud offences totalling more than $700,000. He was sentenced to five...

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

  15. Two jailed for separate multi-million dollar tax fraud schemes

    lodgements and the first jail term for alleged members of an international crime syndicate. Two men received jail terms late last week for their roles in two separate multi-million dollar schemes to defraud the ATO. A NSW man was sentenced to one year...

  16. Two food outlets fined for underpaying casuals

    Judge Brown said. It is the second time the FWO has secured a penalty in court against Mr Andary following a $3,500 fine last year for underpaying another worker formerly employed at Valley Pizza. The FWO has also secured court orders for nearly $9,000...

  17. Two firms join Walker Wayland

    Lawyers is the second law firm to join Walker Wayland Australasia after debt negotiation firm Tax Assure joined in November last year. "Now Sutton Douglass extends that area of expertise," said Mr Dorazio. "Sutton Douglass marries strong technical tax...

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

  18. Tweaks to negative gearing, CGT won't solve housing crisis, says Domain, HIA

    relatively small price movements of around 1-4 per cent. That’s less than the growth many cities saw in a single quarter last year." Powell said a change in tax settings could, however, see a shift in who’s buying property. “If investor activity eases,...

  19. Turnaround in lodgement troubles following ATO swoop

    numbers are starting to drop this financial year, according to both the tax office and auditors on the front line. Late last year, the ATO reported that non-lodgement rates for the SMSF sector had reached critical levels, with around 40,000 funds at...

  20. Turn your firm into a hybrid vehicle

    (a whole different topic and set of skills) and financially through self-managed super, estate planning and trusts. Last, teach them how to get their finances in order. Boring but vital things like normalising the profit of the business, removing any...

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