Business

EY flags 10 banking risks to look out for

With 2019 nearing a close, the big four accounting firm has shared 10 major banking risks that it believes will need...

11 December 2019 • By Jotham Lian

more from tag

Tax

Government called to improve Treasury, tax profession relations

The government has been called to go beyond its commitment to improving the relationship between the ATO and tax...

05 December 2019 • By Jotham Lian

Business

Christmas Parties and Gifts to Staff: Tax Issues for Businesses

Promoted by AustralianBiz. This article examines the tax implications of holding a Christmas party (on the business...

05 December 2019 • By AustralianBiz

Tax

Fake tax agent slapped with 30-month sentence

A man posing to be a tax agent will now serve a two-and-a-half-year Intensive Corrections Order after pleading guilty...

04 December 2019

Business

Former credit union boss faces criminal charges

A former credit union chief executive has now been hit with criminal charges after the corporate regulator alleged...

04 December 2019

Regulation

‘No plan B’: IPA takes compensation fight to government

The Institute of Public Accountants will now take its fight for tax agent compensation for ATO system outages directly...

03 December 2019 • By Jotham Lian

Tax

Assistant Treasurer puts ATO on notice over tax profession interaction

The Assistant Treasurer has vowed to improve the way the ATO interacts with tax agents and ensure that due respect is...

02 December 2019

Regulation

Bunnings goes above requirements in payroll redress

Hardware retailer Bunnings has revealed that its payroll blunder resulted in super underpayments totalling $3.8...

02 December 2019

Business

How every accountant can be a step ahead when your client is selected for an...

Promoted by Accountancy Insurance. The ATO has been focussing heavily on the Black Economy and on excessive rental...

29 November 2019 • By Rod Spicer, Accountancy Insurance

Business

‘Show respect to tax agents’: Cultural change demanded at the ATO

A professional accounting body believes a structural rethink at the ATO will help spur a change in culture that will...

29 November 2019

Business

Sydney liquidator sanctioned by disciplinary committee

A founding partner of a Sydney insolvency firm will now have conditions imposed on his liquidator registration after...

29 November 2019

Business

Major banks tip $400m into Business Growth Fund

The federal government’s planned Business Growth Fund has received a boost, with the big four banks each committing...

27 November 2019 • By Jotham Lian

Business

Surge in complaints frustrates ATO’s performance target

A spike in complaints from employees about their employer not meeting their superannuation obligations has seen the...

27 November 2019

Business

Business confidence ‘largely positive’ despite concerns

Business leaders continue to be fairly confident about the future, despite global and local geopolitical and economic...

26 November 2019

Regulation

‘PDF is not e-invoicing’: ATO explains new payment experience

The ATO is currently working on rolling out e-invoicing for Australian businesses, with the marketed benefits of cost...

25 November 2019

Business

ATO turns to accountants as 9 out of 10 small businesses experience cash flow...

With nine out of 10 small businesses experiencing cash flow issues over the past year, the Tax Office is calling on...

25 November 2019

Business

ATO digs deep on business visits, cash payments

With the ATO now visiting about 10,000 Australian companies every year, should business owners have anything to fear?...

22 November 2019

Business

Are federal policies working against small businesses?

Despite their ventures being the backbone of the Australian economy, small and medium business owners believe the...

22 November 2019 • By Cameron Micallef