Technology
Australian businesses lose $227m in payment redirection scams
Small and microbusinesses were the hardest hit according to the ACCC report.
11 July 2022 • By Keeli Cambourne
Business
Tech-savvy operators deserting dinosaur practices
11 July 2022 • By Philip King
Technology
Virtual corporate cards ‘a risk-free perk’
11 July 2022 • By Josh Needs
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Business
Firms ‘own worst enemies’ when it comes to change
COVID put a rocket into technological adoption among accountants but too many practices are their own worst enemies...
08 July 2022 • By Philip King
Tax
Why your firm is now a risky business
Professional practices – accountants, engineers, lawyers and more – need to self-assess their risk profile under...
08 July 2022 • By Robyn Jacobson
Regulation
Employees back-paid $17m by a community health organisation
It has now entered into an enforceable undertaking with the FWO.
08 July 2022 • By Josh Needs
Tax
ATO casts net wide when it comes to taxable business income
Commissions, investment earnings, gratuities and more must be included to be assessed, the office warns.
08 July 2022 • By Josh Needs
Appointments
ESV Business Advice and Accounting appoints three additional directors
The promotions reflect the business developing homegrown talent, says senior partner.
08 July 2022 • By Josh Needs
Business
Investor confidence plunges below pandemic levels
Global conflict, inflation and supply chain issues combine to spook sharemarkets.
08 July 2022 • By Philip King
Tax
What to tell your foreign worker about tax
If you plan to bring overseas employees to Australia, there are crucial tax and residency issues.
08 July 2022 • By John Marcarian
Technology
CreditorWatch earns ISO security sign-off
Global standards body certifies the reporting agency’s data and cloud systems.
07 July 2022 • By Philip King
Regulation
FWO secures $355k in penalties against Brisbane sushi restaurant
Landmark fine imposed for underpaying staff and falsifying records.
07 July 2022 • By Josh Needs
Appointments
Pilot Partners promotes two associate directors
The company now has another partner in each of its taxation team and forensic teams.
07 July 2022 • By Josh Needs
Tax
Former ATO staffer charged for accepting $150k bribe
A taxpayer allegedly paid the Tax Office employee to reduce $6 million in personal and business debts.
07 July 2022 • By Josh Needs
Business
Collaterally damaged businesses ‘need safe harbour spot’
Tax provisions for businesses hit by natural disasters should be extended, says IPA.
06 July 2022 • By Philip King
Tax
How to change loss carry back choice
The ATO has outlined how to make alterations to the relevant year.
06 July 2022 • By Josh Needs
Business
RBA rate raises ‘will need to keep going’
Further increases are highly likely, says CreditorWatch economist.
06 July 2022 • By Josh Needs
Appointments
PKF names a raft of partners
Five advance ahead of company-wide promotions next month.
06 July 2022 • By Philip King
Business
RBA raises rates by 50 bps to 1.35%
The RBA has once again risen rates in an effort to slow inflation.
05 July 2022 • By Josh Needs
Tax
ATO awards itself green ticks for performance
Self-imposed targets suggest an overall pass mark, although on some metrics it has gone backwards.
05 July 2022 • By Philip King