Business

Brazen ATO scam costs Sydney woman $22k

Police have issued a warning after a Sydney woman fell prey to an elaborate ATO scam that cost her $22,000.

16 December 2020

more from tag

Regulation

‘Credibility undermined’: ASIC cops parliamentary blasting

A parliamentary committee has launched a scathing attack on the corporate regulator, arguing that its credibility has...

10 December 2020

Business

New bill introduced to increase transparency of advice fees in super

The government has introduced a new bill into Parliament this week to provide greater protection for superannuation...

10 December 2020

Business

Deloitte and Freedom Foods Group hit with class action

A class action has been launched against Freedom Foods Group Limited, and their auditors Deloitte, after the...

09 December 2020

Business

JobMaker registrations now open: ATO

The ATO has now opened registrations for the JobMaker Hiring Credit scheme following the release of rules by Treasurer...

08 December 2020

Regulation

Government tackles ATO scams with new telco rules

New rules that require telcos to detect, trace and block scam calls have now been registered, as such scams, including...

03 December 2020 • By Jotham Lian

Business

Australia’s recession ‘technically over’, says Frydenberg

Treasurer Josh Frydenberg says the latest national account figures should give Australians “optimism and hope”, as...

02 December 2020 • By Jotham Lian

Regulation

‘Judge, jury and executioner’: IPA shoots down proposed ATO penalty regime

A recommendation to equip the ATO with the power to penalise egregious tax agents directly has been slammed by the...

02 December 2020

Business

Outdated court system doesn’t work for small businesses, says ASBFEO

The current court system is outdated and is failing small businesses through costly and inefficient barriers in the...

02 December 2020

Tax

Government to distance Tax Practitioners Board from ATO

The Tax Practitioners Board is set to become independent of the ATO as the government agrees in principle to...

27 November 2020 • By Jotham Lian

Business

Permanent disbarment, new ATO penalty regime recommended by TPB review

Heavy sanctions, including permanent disbarment by the Tax Practitioners Board and a new ATO administrative penalty...

27 November 2020 • By Jemelle Blanco

Business

SMSF property spruiker sentenced to jail

A former Queensland property developer has been sentenced to five years’ imprisonment after being found guilty of six...

27 November 2020

Business

$3m in wages: WA meat worker jailed over tax fraud

A wildly ambitious attempt to fraudulently obtain tax refunds by claiming to earn more than $3 million in salary as a...

26 November 2020

Tax

Barriers to tax and financial advice costing economy $630bn: CPA Australia

The economy could be better off by over $630 billion each year if every Australian accessed professional taxation and...

25 November 2020 • By Jotham Lian

Business

Government mulls mandatory e-invoicing adoption for all businesses

e-invoicing could soon be mandatory for all businesses as the government ponders over the best way to roll out the new...

25 November 2020 • By Jotham Lian

Business

Lessons from the GFC: RBA cautions against ‘removing stimulus too early’

The Reserve Bank has warned the government against reducing support for the economy too soon, with Australia’s...

25 November 2020 • By Jotham Lian

Business

Accountants business funding guide gets COVID update

Accountants will now have access to an updated Business Funding Guide developed by the Australian Small Business and...

25 November 2020

Business

$5m GST fraud sees conspirator jailed

A Melbourne man who attempted to fraudulently obtain over $5 million in GST refunds has now been sentenced to five...

24 November 2020