Business

Voice can enhance accounting profession, talent pool: CA ANZ

CA ANZ is the only accounting body to publicly support the Yes vote for the Indigenous Voice to Parliament.

04 October 2023 • By Christine Chen

more from tag

Tax

AAT decision overturns ATO ruling on trusts and Div 7A

Thousands of trusts have fallen into line with the Tax Office’s position that an unpaid present entitlement to a...

04 October 2023 • By Philip King

Super

Draft law for $3 million super tax reveals exemption details

The additional tax on large balances contains provisions for child recipients, structured settlements and deceased...

04 October 2023 • By Miranda Brownlee

Business

Bullock brings steady hand to debut as RBA governor

Economic uncertainty persists but the RBA believes inflation will continue on a downward trend.

03 October 2023 • By Christine Chen

Technology

Financial controls ‘best defence for unfair fight with cyber crimes’

As digital outlaws become more sophisticated, controls that detect and prevent unauthorised activity can put...

03 October 2023 • By Christine Chen

Tax

Tech, skills boosts contain sting in tail for shareholders

The 20 per cent bonus deductions reduce the tax liability for a small business but can mean dividends arrive less than...

03 October 2023 • By Philip King

Super

SMSFA urges government to remove active member test

Residency of a fund should be determined on the same principles as all other entities for income tax purposes, the...

03 October 2023 • By Keeli Cambourne

Tax

Online lodgement deferral system a hit with users, ATO says

All applications must now been done via the office website and most agents had already switched over prior to the...

03 October 2023 • By Philip King

Tax

‘Expand FBT break to EV chargers, solar panels, batteries’

Removing upfront costs of switching from petrol to electric could increase EV take-up, says management consultant.

02 October 2023 • By Christine Chen

Business

Qld uni adds company turnaround course for finance students

Module created in partnership with specialist firm Vantage Performance will focus on restructuring and refinancing.

02 October 2023 • By Philip King

Business

Carbon acquires Melbourne firm in fifth takeover this year

With the rebranding of MG Partners and Davenports, the group now has 20 offices and 300 staff.

02 October 2023 • By Philip King

Technology

ATO raises $40m from crackdown on sales suppression tools

Retail and hospitality businesses using the technology should give themselves up or face the consequences, it says.

02 October 2023 • By Philip King

Business

Revenue to slump 12% in gloomy outlook for retailers

Data from Airwallex and the ABS show shoppers slashing spending ahead of the holiday period.

30 September 2023 • By Christine Chen

Tax

ATO works hard to fix ‘flaw’ in client linking system

Inadvertent disconnection of a BAS agent will become a source of frustration and inconvenience under the revised...

29 September 2023 • By Philip King

Tax

Why revised promoter penalties need clear boundary maps

With a substantial increase in maximum fines, exemptions for the provision of advice will have to work effectively.

29 September 2023 • By Robyn Jacobson

Tax

How capital asset creation can make labour costs non-deductible

Wages and salaries should be capitalised where they relate to the construction or creation of capital assets, TR...

29 September 2023 • By Dennis Tomaras and Ellen Karakoussis

Super

Professional bodies reject proposed objective for super

The sole purpose test does the job, they say, and changing the law will fail to prevent bad policy decisions in the...

29 September 2023 • By Miranda Brownlee

Business

Listen and be curious: how to help clients from different cultures

Asking questions and listening are paramount to servicing clients from diverse cultural backgrounds, according to an...

29 September 2023 • By Malavika Santhebennur