Tax

Landlords who ‘double dip’, fudge deductions in ATO crosshairs

The Tax Office has warned taxpayers to revise deduction rules and maintain proper records.

12 June 2024 • By Christine Chen

more from tag

Tax

Lost receipts to cost SMB owners $948m in unclaimed expenses

SMB owners are expected to miss out on claiming an estimated $948 million in unclaimed expenses due to damaged or lost...

11 June 2024 • By Miranda Brownlee

Tax

Bendel appeal could affect Section 100A approach, says ATO

A decision by the Full Federal Court that ends up being unfavourable to the ATO for the Bendel appeal could have...

11 June 2024 • By Miranda Brownlee

Super

LRBAs under fire as super legislation debate continues

The introduction of the $3 million super tax has sparked a fresh debate about limited recourse borrowing arrangements,...

11 June 2024 • By Keeli Cambourne

Business

Retail business failure rate highlights ongoing challenges for sector

Retail businesses are struggling to stay afloat, with failure a common theme amongst many of them in the past year,...

11 June 2024 • By Jack Campbell

Tax

Victoria’s new tax regime to ‘significantly impact’ commercial propery

The new commercial and industry property tax is a complex regime that will impact cash flow and returns, a specialist...

10 June 2024 • By Miranda Brownlee

Super

Check in-house assets before 30 June, trustees reminded

Before 30 June, SMSF trustees need to check the level of any in-house assets to ensure they haven't exceeded the 5 per...

10 June 2024 • By Keeli Cambourne

Tax

Tax time confusion spikes among small business owners, survey shows

Recent research indicates that a growing proportion of small business owners find the tax system and the process of...

10 June 2024 • By Miranda Brownlee

Business

FAAA pushes for higher education standards on new class of advisers

FAAA chief executive Sarah Abood says the education standard for the new class of advisers needs to be “linked to the...

10 June 2024 • By Miranda Brownlee

Business

Where can an accounting career take you?

Seven of the most popular roles for accountants and finance professionals.

07 June 2024 • By CPA Australia

Technology

Revolutionize Your Financial Management: Discover better Insights and...

Discover the power of financial management redefined. Unveil a world of efficiency, insight, and growth with Sage...

07 June 2024 • By Sage

Business

CPA Australia calls for 2-year extension to stalled tax break

The government’s pattern of announcing tax incentives but failing to pass them has become a “running joke” for...

07 June 2024 • By Christine Chen

Tax

NFPs urged to check guidance before applying for private rulings

The Tax Office has experienced a surge in requests for private rulings by non-charitable NFPs as the new reporting...

07 June 2024 • By Miranda Brownlee

Business

William Buck charity event brings joy for sick and disadvantaged children

Over 3,000 children and their families attended William Buck’s dedicated charity night at Sydney Zoo’s GLOW Festival.

07 June 2024 • By Miranda Brownlee

Tax

ATO ‘scrutinising’ section 109RB requests, practitioners warned

The ATO has cautioned practitioners and their clients not to rely on favourable discretion from the Tax Commissioner...

07 June 2024 • By Miranda Brownlee

Technology

The latest updates and tips on accounting apps

The highlights from Heather Smith and Tyler Caskey's chat about the latest features, integrations and pricing updates...

06 June 2024 • By Heather Smith, ANISE Consulting

Tax

Getting your house in order this year end

Time is running out to get your tax and superannuation affairs, and those of their clients, in order before year end.

06 June 2024 • By Robyn Jacobson, The Tax Institute

Super

New Victorian property tax will affect investment decisions: legal specialist

SMSF trustees that invest in qualifying use property in Victoria from 1 July 2024 will need to be aware of how the new...

05 June 2024 • By Keeli Cambourne