Business

2021: End of year wrap

For an unforeseen second year of further outbreaks, the COVID-19 pandemic has challenged and disrupted us. As the...

22 December 2021 • By Robyn Jacobson, The Tax Institute

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Business

Employee headcount set to rise in 2022

The number of members from accounting practices expecting their business clients to increase employee numbers over the...

21 December 2021 • By Emma Musgrave

Business

New director ID regime reaches nearly 200k applications

The new director identification number (DIN) regime has almost reached 200,000 successful applications since its...

21 December 2021 • By Tony Zhang

Business

Three mindset shifts for impactful advisory work

While COVID was threatening Australian businesses accountants were on the frontline, helping their clients to find a...

20 December 2021 • By QuickBooks Australia

Business

Government to provide $111m boost to ATO taxation compliance programs

The government will provide an additional $111 million in funding to the ATO on its personal taxation compliance...

20 December 2021 • By Tony Zhang

Regulation

The role of advisory alongside compliance work

Accountants are operating in an increasingly complex environment. New skills are needed to make the most of new...

20 December 2021 • By QuickBooks Australia

Business

Government to implement new Business eInvoicing Right

The Morrison government has released new proposals on the development of the Business eInvoicing Right (BER).

20 December 2021 • By Tony Zhang

Business

Firms’ vaccine policy approach revealed

A new survey has provided insight into vaccine policies in place within the accounting profession, with mixed results...

17 December 2021 • By Emma Musgrave

Business

Accountants flagged on rising insolvency figures

Australian insolvency numbers are set to climb in 2022, prompting accountants to ensure they have appropriate...

17 December 2021 • By Emma Musgrave

Business

Consultation paper to circle small business protection measures

A consultation paper has been launched, encouraging submissions on ways to strengthen protections for consumers and...

17 December 2021 • By Emma Musgrave

Business

Grant Thornton adds 3 partners

Grant Thornton has appointed three new partners, effective 1 January 2022.

16 December 2021 • By Emma Musgrave

Business

ATO reveals improved tax compliance trend from big business

The ATO says a higher level of scrutiny has seen significant improvement with tax compliance among large corporations,...

15 December 2021 • By Tony Zhang

Business

Accountants’ business concerns revealed

New research from CPA Australia has shed light on concerns facing the nation’s accounting profession for the month of...

15 December 2021 • By Reporter

Business

Fresh employment data shows the start of economic recovery

Employment rose, underemployment fell, and unemployment remained static in November 2021.

15 December 2021 • By Fergus Halliday

Business

Over 70% of profession eyeing opportunities elsewhere

A new survey has highlighted the significance of the “Great Resignation” impacting the accounting profession, with...

14 December 2021 • By Emma Musgrave

Business

'Identity crisis' to impact Australian accountants

The Australian accounting profession is in the midst of a COVID-induced identity crisis, prompting new challenges for...

14 December 2021 • By Emma Musgrave

Business

‘We cannot rest on our laurels’: Senator Jane Hume

Senator Jane Hume, the Minister for Superannuation, Financial Services, and the Digital Economy and the new Minister...

14 December 2021 • By Malavika Santhebennur

Business

IGTO to review ATO objections process

Australia’s tax ombudsman has launched three new investigations across 2022, including one into how the ATO...

13 December 2021 • By Tony Zhang