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  1. CountPlus acquires NSW firm, announces half-year results

    results derives in large part from the adherence by our member firms to shared values and non-negotiable team rules.” Last year, the network announced the acquisition of a minority stake in Victorian-based O’Brien Accountants & Advisors, its first...

  2. Could e-invoicing lead to an ATO automated BAS?

    e-invoicing could soon take on a tax compliance role in the future. Tax Office commissioner Chris Jordan notably flagged last year that the ATO could soon be automating business activity statements (BAS) by tapping into a business’s natural systems,...

  3. Cost-of-living pressures spark side hustle motivation: SBLA

    SBLA said the survey was commissioned due to Australian living cost indexes having risen 3.7 to 6.2 per cent over the last 12 months. This resulted in 51 per cent of Australians receiving income support to skip meals due to increased prices, according...

  4. Cost of commute ‘keeps office workers at home’

    John Turley, said the pandemic had been instrumental in long-term workplace changes. “The transformation of work over the last few years has been long lasting, but will also continue to evolve,” said Mr Turley. “Just as employees have grown accustomed...

  5. COSBOA pushes for global ESG standards to combat greenwashing

    global baseline for sustainability disclosures. The ISSB previously published two draft standards for consultation in March last year. In July 2022, ASIC, alongside members of Australia’s Council of Financial Regulators (CFR), made a submission to the...

  6. COSBOA joins demand for changes to IR bill

    limit should be raised to 100 employees. In response to business concerns, the government drafted a number of amendments last week: Requiring majority support from employees of each employer for a single interest bargaining stream authorisation. A...

  7. COSBOA CEO resigns after 18 months

    needs of our members during a time of major upheaval.” Mr Addison also pointed to the importance of Ms Boyd’s role at last year’s Jobs and Skills Summit. “Alexi represented small business at the Jobs and Skills Summit, initiated and led the development...

  8. COSBOA calls for national targeted support scheme as lockdowns continue

    profession, the political spectrum and the nation’s union. CPA Australia’s manager of external affairs, Jane Rennie, last week called for co-ordinated national support for Australian businesses, as Victoria entered a state of lockdown which the...

  9. Corporate tax residency rules undergo review scrutiny

    Australia’s corporate tax residency rules, noting the difficulties associated with the central management and control test. Last month, Treasurer Josh Frydenberg wrote to the Board of Taxation requesting a review of the operation of Australia’s...

  10. Corporate regulator's funding slashed

    The government's decision to withdraw $120 million in funding to ASIC over the next five years could have significant implications for accountants, with possible changes to the funding model around financial services licensing already being touted. In...

  11. Corporate leader hopeful Greens will see the light on taxing unrealised capital gains

    it is the taxing of unrealised capital gains that has not just the SMSF sector, but the broader corporate world, concerned. Last week, Wilson told SMSF Adviser that many in the corporate sector have understood the significant unintended consequences of...

  12. Corporate insolvencies tumble despite a rise on the personal front

    year. The drop in corporate insolvencies mirrors the Australian Securities and Investments Commission (ASIC)’s report late last year, showing a “material decline” in statutory reports lodged by external administrators last financial year. The...

  13. Corporate clients urged to sit tight for tax rates despite new guidelines

    of the current sitting of Parliament before determining their tax and franking rate, despite the ATO’s new draft guidelines. Last month, the Tax Office released draft practical compliance guideline PCG 2018/D5 outlining its compliance and administrative...

  14. Corporate Accountant Awards 2026 launches

    Awards recognises the exceptional dedication of in-house accountants across Australia. This awards program, which first ran last year, recognises and celebrates the fundamental role of finance teams and recognises the contributions of corporate...

  15. Coronavirus scams on the rise, says ACSC

    phishing emails seeking to take advantage of the uncertainty around the ongoing COVID-19 crisis. According to the ACSC, the last three months have seen a significant increase in the number of individuals and businesses reporting scams and phishing...

  16. Controversial CGT changes clear both houses of parliament

    on start-up businesses and investment in innovation. Treasurer Jim Chalmers announced adjustments to the budget measures last Thursday to address concerns about their impact on start-up and small businesses more broadly. The government announced it...

  17. Controversial ‘Airbnb tax’ set to become law

    as Airbnb and Stayz will apply in Victoria from next year after the state parliament passed the controversial legislation last week. The Australian-first Short Stay Levy Bill 2024 passed with 21 votes to 15 and will begin on 1 January 2025. It was...

  18. Contribution caps set to increase for 2026–27

    circumstances. The ATO is expected to confirm the 2026–27 super rates and thresholds in March 2026. The Tax Office confirmed last month that indexation of the general transfer balance cap will also occur on 1 July 2026. The cap is set to increase by...

  19. Contentious residency, CGT debate booted from Senate line-up

    about whether that day will end up being the final date to take advantage of the current law if you held the property at May last year.” While supporting the bill in principle of denying the main residence exemption to non-residents, Ms Jacobson is...

  20. Contentious bill passes Senate, key tax questions answered

    their return for the 2018 income year. “There may be some companies in the early stage of this compliance season in the last six to eight weeks, that have already lodged a 2018 company tax return, based on the current law that applies right now but as...

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