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  1. Carbon Group expands in South Australia

    firm Haydon Kinnaird. The network has been on an aggressive growth streak since it launched in 2014, and has committed the last three years to establishing “hubs” in states across the country, after locking in more than 13 mergers and acquisitions in...

  2. Carbon Group announces partnership with Perth-based firm

    group’s move to bolster its footing in its home state of Western Australia follows swarming moves into other states over the last two years. Most recently, the group quadrupled its foothold in Queensland, after merging with Charter Partners, and...

  3. Carbon Group adds Harding Martin to Qld offices

    The boutique firm becomes the group’s fourth office in the Sunshine State following growth last year in South Australia. Ipswich-based Harding Martin has joined the Carbon Group to become its fourth office in Queensland and 17th nationally. The group...

  4. Carbon expands to NSW with 15th merger

    merger follows in the footsteps of Melbourne-based Books in Shape and Platinum Bookkeeping, which joined Carbon Group in the last six months. [email protected]

  5. Carbon boosts Perth presence with Ezetax takeover

    Numeric Eight. The mergers had boosted staff numbers to 290, Carbon said, almost tripling its headcount according to last year’s Australian Financial Review Top 100, in which it ranked 39th. Carbon Group, which began nine years ago with one office in...

  6. Carbon acquires fourth Victoria office with bookkeeping takeover

    is the group’s seventh acquisition this year. Carbon Group demonstrated its insatiable appetite for acquisition again last week with the takeover of Victorian outfit Rad Bookkeeping & Business Solutions. The seven-person team, led by founder Debbie...

  7. Car expenses rate rise confirmed

    cents per kilometre deduction rate for motor vehicle expenses to 72 cents for the income year starting 1 July 2020. The rate last changed in 2018 which saw the rate rise to 68 cents. The cents per kilometre method currently allows taxpayers to claim up...

  8. Cap on deductibility of accountants’ fees off the table as Liberals hold government

    been able to save a deposit of at least 5 per cent. Superannuation Mr Morrison committed to no new taxes on superannuation last month. However, it’s unclear how long this guarantee is in place for. The Liberal Party will again move to have six-member...

  9. Cap lifted on popular financing option for clients

    on interest-only residential mortgage lending for banks and other lenders. This cap was originally put in place in March last year in a bid to reinforce sound lending practices, and has resulted in a cooling down of the interest-only lending market....

  10. Canberra unveils major $14.7m scam compensation pathway

    use to target Australians by setting a high bar for what businesses must do to prevent them,” he said in a statement last week. “Scam victims will have a clear pathway for redress.” “We want victims of scams to know the government has their backs, and...

  11. Canberra to mandate ransomware reporting, smart device standards

    regulatory gaps identified by the government’s ambitious seven-year, $587 million cyber security strategy announced last month. Home affairs and cyber security minister Clare O’Neil said cyber security was a “shared responsibility” between the public...

  12. Canberra to create $8m ‘one-stop-shop’ small business cyber service

    recommending specific actions, tools and guidance best suited to the small business’ risk, situation and capability.” In the last financial year, nearly 94,000 cyber crimes were reported to the Australian Cyber Security Centre, the government said. This...

  13. Can accountants break the 9-to-5 office habit?

    took some time at home to manage her children’s schedule on school holidays. The result? The most profitable week of the last six years with record billings. My team has seen and reaped the benefits of flexible working. Sure, it’s not always easy to be...

  14. Calls for share scheme reform mount in the face of ‘economic crisis’

    committee on tax and revenue tabled its Owning a Share of Your Work: Tax Treatment of Employee Share Schemes (ESS) report last week, detailing 18 key recommendations off the back of an inquiry tasked with probing the effectiveness of 2015 reforms. The...

  15. Calls for mandatory SMSF qualifications post-reform

    own specialist service line. "We were so busy leading up to June just giving this very tailored advice. I'd have to say that last year it was easily the most disruptive... nine months in at least 10 years, probably even 20 years of me actually doing...

  16. Calls for legislative change in wake of tax fraud scandal

    $165 million tax scandal, one payments facilitator has pointed to the risks of relying on third-party payroll companies. Last week a $165 million tax fraud against the Australian government was uncovered, involving a payroll company named Plutus....

  17. Calls for JobKeeper’s return mount in the face of vaccine delays

    changing vaccine advice has slowed the country’s COVID-19 vaccine rollout. ACTU secretary Sally McManus took to Twitter last week to make a case for why federal support was still necessary amid the government’s changing vaccine advice, with the...

  18. Call to adopt EU data regs as Optus reputation dives

    Australia to adopt European Union-style data privacy laws including harsher penalties in the wake of the cyber hack on Optus last week that compromised the personal details of millions of customers. Fines under the EU regime would be “significantly”...

  19. Call for crackdown increases amid client loss

    Speaking to Accountants Daily, Anderson Tax and Consulting director Debra Anderson said she has lost eight clients over the last two months because she was unwilling to put through a claim that was unwarranted. She believes clients are instead turning...

  20. Cairns woman gets 3 years’ jail for $283k GST fraud

    11 charges of obtaining a financial advantage by deception from the Commonwealth and was sentenced in Cairns District Court last week. Between January and March 2022, Ms Martin admitted lodging fraudulent BAS to claim GST refunds from the ATO totalling...

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