Regulation

Disallowance motion on code changes voted down in Senate

A motion to disallow the code changes for Tax Agents has failed to succeed in the vote held in the Senate today.

10 September 2024 • By Miranda Brownlee

more from tag

Super

ATO SMSF auditor referrals see slight uptick for FY23–24

The Tax Office has announced 45 auditors of self-managed super funds were referred to ASIC during the 2023–24...

10 September 2024 • By Imogen Wilson

Tax

Taxpayer ordered to pay $24.4m to ATO over unpaid tax debts

The Supreme Court of NSW has ordered a taxpayer to pay the ATO over $24 million in relation to unpaid income tax and...

10 September 2024 • By Miranda Brownlee

Regulation

‘You will be caught’ over NDIS fraud, Shorten warns tax agents

A multi-agency crackdown is underway to stop dodgy actors from stealing money through false claims and inflated...

09 September 2024 • By Christine Chen

Regulation

ATO rules out simplifying NFP rules despite ‘pockets of confusion’

The Tax Office insists the process for lodging annual self-reviews is “basic” and “not that hard”.

09 September 2024 • By Christine Chen

Business

Mental health of SME owners in rapid decline, research reveals

Australian SME owners are feeling the pressure and are overwhelmed trying to navigate the current challenges of the...

09 September 2024 • By Imogen Wilson

Business

Cost-of-living crisis spurs ‘side hustle’ culture: Great Southern Bank

Around two-thirds of home owners with a mortgage have started or are considering a second job or hobby business to...

09 September 2024 • By Imogen Wilson

Tax

What PCG 2024/D2 means for small businesses

Thousands of small businesses could be hit with higher tax following the recent ATO guideline.

06 September 2024 • By John Jeffreys, John Jeffreys Tax Pty Ltd

Technology

Strategies and guidance for the next generation of accounting professionals

Partner and director of Accru Felsers, Steven Zabeti, shares key lessons and insights from his long and successful...

06 September 2024 • By Accru Felsers

Super

Little progress on superannuation and other measures

Crucial time is passing as the industry waits to see whether laws will be passed to enact the proposed Division 296...

06 September 2024 • By Robyn Jacobson, The Tax Institute

Tax

Small-business collectable debt ‘slowing down’, says ATO

The growth in collectable debt among small businesses is slowing, but too many businesses are still deprioritising...

06 September 2024 • By Imogen Wilson

Super

$3m bill set for debate next Thursday

The controversial $3 million super tax bill is due to be debated again in Parliament next Thursday.

06 September 2024 • By Keeli Cambourne

Technology

Grant Thornton urges businesses to adapt to changing financial landscape

The transition to real-time instant payments in Australia is another element businesses need to effectively tackle in...

06 September 2024 • By Imogen Wilson

Tax

Demographic trends likely to result in future wealth tax, says specialist

Increasing inequality and a growing proportion of renters will put greater pressure on the government to implement...

06 September 2024 • By Miranda Brownlee

Profiles

Andrew Hadjidemetri’s Path to Success: Exclusive Q&A with the Australian...

As a finalist for the prestigious Australian Broking Awards 2024 - Residential Broker of the Year, Andrew Hadjidemetri...

05 September 2024 • By AFMS Group

Super

Merchant decision ‘does not displace longstanding principles’, says ATO

The decision by the AAT to overturn a trustee disqualification has “limited broader application” given the peculiar...

05 September 2024 • By Keeli Cambourne

Tax

Accounting bodies demand action on code changes in letter to PM

Various accounting bodies have called for amendments to be made to the Tax Agent Services Determination ahead of a...

05 September 2024 • By Imogen Wilson

Business

BDO doubles Melbourne office to accommodate expanding team

The Melbourne BDO office is set to relocate to Collins Street next year following the growth within its...

05 September 2024 • By Miranda Brownlee