Business

Unpacking the government’s economic stimulus package

Amid the ever-changing landscape of a global pandemic, it’s a critical time for accountants to reach out to clients...

20 March 2020 • By Tasha Levy

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Business

Government given the green light over $10k cash limit bill

A Senate inquiry has recommended that a controversial bill that will criminalise business cash payments above $10,000...

02 March 2020 • By Jotham Lian

Business

Government silent on agent compensation, standard deductions

The government has shied away from adopting a compensation arrangement for tax agents for poor delivery outcomes and a...

18 February 2020 • By Jotham Lian

Business

‘There’s nothing’: Government urged to mitigate coronavirus business impact

The chairman of Victoria’s Chinese Chamber of Commerce has attacked the federal government for its lack of help for...

13 February 2020 • By Adam Thorn

Business

Government urged to consider fiscal stimulus measures ahead of federal budget

A $1,000 voucher for accounting advice and a government-funded increase in repairs of public assets are some of the...

06 February 2020 • By Jotham Lian

Business

Government lines up tax relief, grants, loans for bushfire affected small...

The government has announced a new small business bushfire support package in the form of grants, low-interest loans,...

20 January 2020 • By Jotham Lian

Tax

Government called to improve Treasury, tax profession relations

The government has been called to go beyond its commitment to improving the relationship between the ATO and tax...

05 December 2019 • By Jotham Lian

Regulation

‘No plan B’: IPA takes compensation fight to government

The Institute of Public Accountants will now take its fight for tax agent compensation for ATO system outages directly...

03 December 2019 • By Jotham Lian

Business

Government takes lead on e-invoicing with 5-day payment terms

The government has committed to paying businesses within five business days or pay interest on any late payments as it...

07 November 2019 • By Jerome Delos Santos

Tax

Steer clear of managing tax affairs cap, government told

Caps on specific deductions, such as the deduction for the cost of managing tax affairs, are “selective and...

28 October 2019 • By Jerome Delos Santos

Business

Government kicks off retirement income review

The government has released the terms of reference for its review of the retirement income system, with the chair of...

30 September 2019 • By Sarah Kendell

Business

New government taskforce eyes red tape reduction

A government taskforce aimed at reducing red tape and addressing unnecessary regulatory barriers has now announced its...

13 September 2019 • By Jotham Lian

Business

Government extends FASEA deadline

The financial services minister has moved to give existing accountants providing financial advice additional time to...

30 August 2019 • By Jotham Lian

Business

‘Tell government once’ environment promised as STP develops

Single Touch Payroll is set to live up to its name as the Tax Office hints of a streamlined government interaction...

26 August 2019 • By Jotham Lian

Business

Government set to introduce $10k cash limit from 1 Jan 2020

The government is currently consulting on plans to limit business cash payments to $10,000 for goods and services...

31 July 2019 • By Jotham Lian

Regulation

Government moves to criminalise wage underpayment

The government is set to criminalise wage underpayment in the wake of a number of high-profile payroll error cases,...

25 July 2019 • By Jotham Lian

Business

STP ‘not widely adopted’ by government, big businesses

Some large businesses and even government agencies are failing to transition over to the Single Touch Payroll regime,...

01 July 2019 • By Jotham Lian

Business

Government to ease in ABN changes

The ATO has sought to assure that the impact of the proposed changes to the ABN system will be minimised wherever...

19 June 2019 • By Jotham Lian