Business

Greater impacts in trust tax changes for lower, middle-income beneficiaries:...

In its submission, the FAAA has stressed that the discretionary trust tax changes will have greater impacts not only...

05 August 2026 • By Carlos Tse

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Business

Film director with $130k income tax debt gets relief

A 76-year-old former documentary producer has had a third of his nearly $130,000 in income tax released on the basis...

27 July 2026 • By Carlos Tse

Tax

Dusting off the covers: old, outstanding individual income tax returns a...

New work has landed on the paper pile for accountants, with one tax agent being notified of a client’s 20-year-old...

23 July 2026 • By Carlos Tse

Business

‘Income tax by another name’: Medicare levy adds 2% to minimum trust tax

One tax expert has called the Medicare levy an "income tax by another name", and has stressed that the 30 per cent...

22 July 2026 • By Carlos Tse

Business

Commissioner of Taxation’s appeal for payout classification dismissed by...

The dispute over redundancy pay versus termination pay has resulted in the Federal Court upholding a part-time...

21 July 2026 • By Amelia McNamara

Appointments

Perks welcomes 2 new directors to its tax and business advisory practice

South Australian accounting and wealth advisory firm Perks has appointed a tax consulting director and an accounting...

20 July 2026 • By Carlos Tse

Business

Extra tax on discretionary trusts only material for sufficiently profitable...

With insolvency risk on the horizon for struggling small businesses, one registered liquidator has said that the...

14 July 2026 • By Carlos Tse

Tax

‘Absolute madness’: rushed, unclear, unconsulted discretionary trust tax...

The impacts of the proposals in the discretionary trust tax consultation paper extend not only to accountants and tax...

13 July 2026 • By Carlos Tse

Tax

Treasury consultation paper sheds light on discretionary tax changes

With Treasury’s consultation paper on discretionary trust tax now out, experts are picking apart its implications for...

10 July 2026 • By Carlos Tse

Business

Further relief needed for genuine employers under Payday Super: The Tax...

A tax counsel has called for further improvements to the Payday Super regime, with employers still facing substantial...

10 July 2026 • By Carlos Tse

Tax

Tax Office targets gambler's $600k windfall

A grocery worker with an extensive gambling habit has been penalised for failing to disclose an income that was more...

07 July 2026 • By Carlos Tse

Tax

First Nations taxpayers invited to shape ATO review

First Nations taxpayers suffer from insufficient access to services and support to guide them through the tax system,...

07 July 2026 • By Carlos Tse

Tax

Potential ATO data-matching prompts taxpayers to disclose FTDT liabilities early

One tax professional has warned that taxpayers must engage early with tax advisers to avoid GIC on their FTDT and...

03 July 2026 • By Carlos Tse

Tax

‘Time to time’ objection allocation delays could be a resourcing issue, tax...

Backlogs for taxpayers waiting for a complaints officer could be as high as 7,000-strong, a tax lawyer said.

02 July 2026 • By Carlos Tse

Tax

‘Supporting your clients and the integrity of the system’: tax time tips

With tax time set to kick off in less than a fortnight, the ATO has some final words of advice for accounting...

18 June 2026 • By Amelia McNamara

Tax

Unions, industry groups clash over tax reform at senate inquiry

Key stakeholders have pulled no punches at parliamentary hearings on the federal government’s proposed tax changes.

18 June 2026 • By Amelia McNamara

Tax

Extensive tax offending keeps law graduate locked out of profession

A law graduate’s admission application has been knocked back due to lengthy criminal and taxation offences, including...

09 June 2026 • By Naomi Neilson

Tax

Albo is not your new business partner: tax specialist dispels meme myths

Internet memes depicting Prime Minister Anthony Albanese as a “business partner” with a 47 per cent stake in...

22 May 2026 • By Carlos Tse