Regulation

IGTO releases shortlist of potential review areas for 2025–26

The proposed list includes topics such as the ATO’s management of general interest charge remission, payday super...

23 April 2025 • By Miranda Brownlee

more from tag

Tax

Coalition unveils new tax incentives as part of small business package

The party has released further details on its plans for small and family businesses, including a tapered tax offset...

23 April 2025 • By Miranda Brownlee

Regulation

Tax Office issues fresh warning on in-house audits

Recent data matching activities by the ATO has identified hundreds of SMSF auditors who may still be conducting...

23 April 2025 • By Miranda Brownlee

Tax

ATO to appeal ART decision on truck driver’s meal expenses

The Commissioner of Taxation has filed a notice of appeal in the Federal Court against a decision concerning...

22 April 2025 • By Miranda Brownlee

Tax

Under the Hood: Are you maximising your tax depreciation opportunities?

This week on UTH, Imogen is joined by Brad Beer, chief executive of BMT Tax Depreciation, to dive into the world of...

22 April 2025 • By Robyn Tongol

Super

ASFA proposes tax policies for strengthening super sector

The superannuation body has urged the incoming government to reform superannuation tax policies to strengthen...

22 April 2025 • By Imogen Wilson

Tax

ASFA’s land tax analogy and Div 296 ‘falls short’: industry leader

Remarks by ASFA chief executive Mary Delahunty that the Division 296 tax is similar to land tax “simply doesn’t hold”,...

22 April 2025 • By Keeli Cambourne

Business

ATO to increase fixed rate for working from home expenses to 70c

The ATO will increase the fixed rate for calculating working from home expenses to 70 cents per hour from 1 July 2024.

22 April 2025 • By Imogen Wilson

Regulation

TPB reveals top breaches reported under the dob-in obligations

The board has outlined the common code items reported so far and assured practitioners that no “frivolous or...

21 April 2025 • By Miranda Brownlee

Business

Why identity crime is a growing cause of financial fraud

Fraud is often perceived as a financial crime that starts when money or assets disappear. However, this overlooks the...

17 April 2025 • By Johan Fantenberg, Ping Identity

Regulation

CA ANZ throws support behind Coalition’s plans for accountants in advice

The peak accounting body has strongly backed the Coalition’s “promises” around financial advice deregulation, though...

17 April 2025 • By Miranda Brownlee

Regulation

ATO VIPER taskforce arrests 14 people in latest illicit tobacco blitz

Fourteen people have been arrested following the uncovering of $4.8 million worth of illicit tobacco during an ATO...

17 April 2025 • By Imogen Wilson

Regulation

Antique goods land GST fraudster with prison sentence

A Melbourne man has been sentenced to two years and 11 months behind bars after obtaining fraudulent GST refunds...

17 April 2025 • By Imogen Wilson

Tax

$1k deduction to eliminate hours of ‘low-margin, high-risk work’, accountants...

Accountants have voiced their support for Labor’s $1,000 standard deduction following criticisms against the measure...

17 April 2025 • By Imogen Wilson

Business

Industry groups urge major parties to rule out taxing unrealised gains

A coalition of industry groups are calling for both Labor and the opposition to “immediately and unequivocally rule...

16 April 2025 • By Miranda Brownlee

Super

IFPA calls for refinements to payday super legislation to ease small business...

Payday super legislation will be a “game changer” for all Australians but further amendments must be made to ensure...

16 April 2025 • By Imogen Wilson

Appointments

Grant Thornton International names Greg Keith as CEO-elect

Greg Keith will take on the role of chief executive for Grant Thornton International after stepping down as chief...

16 April 2025 • By Imogen Wilson

Regulation

ART affirms TPB decision on registration of tax agent

The Administrative Review Tribunal has upheld a decision by the TPB to reject a former tax agent’s request for...

16 April 2025 • By Miranda Brownlee