Business

ASIC retains small-business protections in banking code

The corporate regulator has rejected a push by the banks to reduce the protections available to small businesses in...

10 July 2024 • By Imogen Wilson

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Regulation

ATO emphasises cyber hygiene during tax time

The ATO has reminded businesses to secure their online platforms, systems, and processes to prevent cyber attacks...

10 July 2024 • By Imogen Wilson

Profiles

NINA HU - VHL Business & Tax Solutions

Nina Hu is the Managing Director at VHL Business & Tax Solutions, a firm dedicated to delivering top-tier,...

09 July 2024 • By VHL Business & Tax Solutions

Tax

Bankruptcy trustee’s bid to shirk CGT on $388k sale fails in court

A recent Federal Court ruling confirms bankruptcy trustees are on the hook for tax on capital gains.

09 July 2024 • By Christine Chen

Business

ATO hands NFPs 5-month extension to lodge self-reviews

The Tax Office has extended the October deadline to March 2025 amid concerns over the sector’s ability to meet the new...

09 July 2024 • By Christine Chen

Regulation

Charities stumble on pay disclosure rules, watchdog finds

Nearly a third of large charities misreported executive pay under new transparency requirements, according to the ACNC.

09 July 2024 • By Christine Chen

Appointments

CA ANZ appoints new director to board

The professional body has welcomed Rachel Walsh to its board of directors, effective 1 July.

09 July 2024 • By Imogen Wilson

Super

ATO flags important super changes for FY25

The ATO is reminding taxpayers of important changes that will impact their superannuation from 1 July.

09 July 2024 • By Imogen Wilson

Business

ATO teams up with private sector in anti-scam fight

The Tax Office has become the first government agency to join the Australian Financial Crimes Exchange.

08 July 2024 • By Christine Chen

Regulation

Rank audit firms and tie pay to quality, government told

The IPA has called for major reforms to address firm culture, including public performance ratings and quality-based...

08 July 2024 • By Christine Chen

Regulation

PayPal used unfair contract term with small business, court rules

The Federal Court has found fine print in the company’s user agreement had allowed it to retain unreported overcharges.

08 July 2024 • By Christine Chen

Tax

Review of Qld property tax draws cautious support

Industry advocates support the move but want a commitment that it will not result in any new taxes being introduced.

08 July 2024 • By Juliet Helmke

Tax

The ATO’s loss to PepsiCo in the Full Federal Court

The decision provides clarity around royalty withholding tax as well as diverted profits tax.

05 July 2024 • By Jeremy Makowski, Coghlan Duffy

Technology

The current state of play with tax debts and the ATO

Tax debt specialist Olga Koskie explains why it's not all doom and gloom in relation to payment plans and tax debts...

05 July 2024 • By Robyn Tongol

Tax

Accountant’s $340k BAS refund claim crumbles

The AAT has backed the ATO’s decision to deny input tax credits over a sham asset sale between two companies owned by...

05 July 2024 • By Christine Chen

Tax

Nearly half of crypto investors unclear on tax rules, survey finds

Traders have called for more guidance on how their assets are taxed following an ATO compliance crackdown.

05 July 2024 • By Christine Chen

Tax

Temporary FBT break lifts plug-in hybrid sales 130%

An industry body warns strong take-up will only continue if the generous tax break remains.

05 July 2024 • By Christine Chen

Business

Passage of payment times bill ‘a big win’ for small business

The passage of reforms to the payment times reporting framework is a welcome development for small business suffering...

04 July 2024 • By Miranda Brownlee