Tax

SMEs must be aware of CGT obligations, cautions tax expert

Capital gains tax continues to be the most common tax trap for Australian small businesses due to its broad scope, a...

20 November 2024 • By Imogen Wilson

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Business

ASBFEO launches SME guide to help tackle debt

The Ombudsman has issued a guide to help Australian small businesses navigate the challenges of paying or collecting a...

19 November 2024 • By Imogen Wilson

Regulation

Government cautioned on penalty proposal for accountants’ certificates

The professional bodies have raised concerns about ASIC’s proposal to impose new penalties for the misclassification...

19 November 2024 • By Miranda Brownlee

Regulation

Government issues consultation to crack down on ‘dodgy business practices’

The Albanese government announced it will be banning “dodgy” business practices that continuously rip off Australians...

19 November 2024 • By Imogen Wilson

Business

Anti-money laundering bill receives green light

A Senate committee has concluded that the bill to implement changes to the anti-money laundering and counter-terrorism...

19 November 2024 • By Miranda Brownlee

Regulation

Too soon for more promoter penalty changes: CPA Australia

Advisers still need time to adapt to reforms to the regime’s scope and penalties that kicked in just six months ago,...

18 November 2024 • By Christine Chen

Regulation

‘Bold and broad’ inquiry reforms to restore trust in profession, says IPA

Recommendations from the consulting inquiry focused on whistleblowing, partnerships, large firms and consultants will...

18 November 2024 • By Miranda Brownlee

Tax

Reliance on bracket creep risks record-high income taxes

The budget is becoming increasingly reliant on bracket creep as Commonwealth revenue from fuel and excise levies...

18 November 2024 • By Christine Chen

Tax

How can we support accountants in 2025?

ChangeGPS general manager and popular accountant advocate, David Boyar, jumps onto AD Insider to share his views and...

15 November 2024 • By Robyn Tongol

Business

Stark reminder: original trust deeds matter

As specialist advisers generally understand, one of the key – if not the key – trustee duties of any form of trust is...

15 November 2024 • By Matthew Burgess, View Legal

Technology

Embracing the AI revolution

While the term ‘artificial intelligence’ may conjure up dramatic images, it offers practical applications such as...

15 November 2024 • By Olivia Long, SMSFAI

Business

Xero flexes pricing power as profits soar 76%

The accounting tech giant’s shares hit a record high after latest earnings showed strong demand for its software...

15 November 2024 • By Christine Chen

Tax

Looming election to offer reprieve from regulatory uncertainty

Accountants may be spared from further reforms in 2025 with the Federal Election expected to occur by May, according...

15 November 2024 • By Imogen Wilson

Appointments

CA ANZ member appointed to IFAC as deputy president

CA ANZ has welcomed the election of Taryn Rulton as the International Federation of Accountants’ new deputy president.

15 November 2024 • By Imogen Wilson

Tax

ITECA pushes for tax changes to student loans

The government’s student debt reduction initiative is set to fail students who will still be required to pay student...

14 November 2024 • By Imogen Wilson

Tax

Bendel decision could spur ‘legislative tinkering’ from government

The government may look to take matters into its own hands for tax issues relating to Division 7A and UPEs once the...

14 November 2024 • By Miranda Brownlee

Business

Tax Institute debuts new tax education system

The professional body’s new ‘Tax Academy’ aims to educate tax professionals and close the skills gap.

14 November 2024 • By Imogen Wilson

Business

ACCC homes in on misleading NDIS advertising

“Problematic” businesses with advertising targeted at NDIS participants are being put on notice by the ACCC.

14 November 2024 • By Imogen Wilson