Business

Tribunal upholds agent’s registration termination over $860k tax debt

A tax agent who failed to pay more than $860,000 in personal tax liabilities has seen the TPB’s decision to terminate...

09 April 2021

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Business

KPMG shakes up retirement age policy

Partners at the firm have voted to sack the company’s expected retirement age of 58, effective 1 July.

01 April 2021

Business

Sydney accountant banned over ‘cavalier’ approach to personal tax obligations

A Sydney tax agent who repeatedly failed to lodge 102 business activity statements on time over a decade has had his...

31 March 2021

Business

ATO expected to ‘turn the tide’ on insolvencies

While the Tax Office, the Morrison government, and even the banks are more willing to support restructuring solutions...

31 March 2021 • By John Buckley

Business

Small business revenue bounces back to pre-pandemic levels

New data from Xero shows small businesses in February recorded their ninth consecutive month of revenue growth.

31 March 2021

Business

KPMG appoints new chief executive

The big four firm has announced the appointment of Andrew Yates as its new Australian CEO.

30 March 2021

Business

Small business still uncertain of recovery as JobKeeper ends

While business confidence has markedly improved, the end of JobKeeper will see many small businesses vexing over cash...

29 March 2021 • By John Buckley

Business

Businesses wean themselves off government support as conditions improve

New data from the Australian Bureau of Statistics shows businesses are confident they’ll be able to pay their bills as...

26 March 2021 • By John Buckley

Business

Treasury defends absence of JobKeeper clawback mechanism

The Senate economics committee has heard that while the Morrison government considered JobKeeper clawback measures, it...

25 March 2021 • By John Buckley

Business

UK’s audit reforms could be a ‘watershed moment’ for global markets

The UK’s proposed audit reforms could prove a pivotal moment for audit markets around the world, says one peak body.

23 March 2021

Business

Australian small businesses remain in the ‘digital dark ages’

Despite the rapid digitisation brought on by COVID-19, a new survey shows Australian small businesses have been the...

23 March 2021 • By John Buckley

Business

Government extends SME responsible lending exemption

Treasurer Josh Frydenberg has announced an extension of the SME responsible lending exemption, following delays to the...

19 March 2021 • By Jotham Lian

Business

Company tax agent terminated after practising without supervising agent

A Perth-based company tax agent has been terminated after multiple code breaches, including failing to have any...

19 March 2021

Business

Small businesses should have easier access to finance: ASBFEO, RBA

Small businesses remain reluctant to access new loans, with onerous application and collateral requirements among the...

18 March 2021 • By John Buckley

Business

Businesses fight over talent as 7 out of 10 look to bump up salaries

From wellness benefits to across-the-board salary bumps, businesses are doing everything they can to attract and keep...

18 March 2021

Business

Federal Court imposes orders on SMSF accountant

The Federal Court has compelled a Gold Coast SMSF accountant to comply with the terms of a court-enforceable...

12 March 2021

Business

Tasmanian tax agent charged over $1m fraud

A former tax agent who falsified business activity statements and misappropriated individual tax returns has had more...

12 March 2021 • By John Buckley

Business

Bankruptcy trustee referred to disciplinary committee

A bankruptcy trustee accused of breaching his statutory and fiduciary duties has been referred to a disciplinary...

12 March 2021 • By John Buckley