Regulation

‘No demand shortage’: Predictions for the profession in 2021

Accounting professionals are likely to remain in hot demand over the coming year as they continue to play a pivotal...

14 January 2021

more from tag

Business

Tribunal reduces agent’s banning order

A deregistered tax agent has successfully reduced his banning order by half after pleading his case with the...

11 January 2021

Tax

ASIC defends handling of Shipton’s tax expense probe

ASIC has revealed why it chose to delay sending correspondence around embattled chair James Shipton’s expenses to the...

08 January 2021

Business

SMEs cautioned on cash-flow pressure as insolvency reforms kick in

Troubled businesses looking to access the new simplified debt restructuring process should be wary of a potential...

07 January 2021 • By Jotham Lian

Tax

Phoney tax agent jailed after 14 years on the run

A Victorian man who pretended to be a tax agent has now been sentenced to five months in jail after pocketing over...

06 January 2021

Business

Small business insolvency reforms now in place

Insolvency reforms that will allow small businesses to restructure their debts or wind up their operations faster have...

05 January 2021

Regulation

Jail, $640k fine for myGov-lodging unregistered agent

A Brisbane man has now been sentenced to seven and a half months in jail and fined $640,000 for repeatedly providing...

04 January 2021

Business

Key dates ahead of the ATO’s annual closure

The ATO has announced its annual closure period over the year-end festive season for 2020.

23 December 2020

Super

Mid-tier launches new SMSF service for accountants

A mid-tier firm has launched a new initiative directed squarely at other accounting firms in the wake of the revised...

21 December 2020

Business

ATO thanks tax profession

As the tax profession prepares to wind down for the festive season, the ATO has thanked them for their hard work in a...

18 December 2020

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

Business

Auditor-General endorses ATO’s COVID-19 response

The ATO’s rapid implementation of COVID-19 economic response measures has been given a tick of approval from the...

15 December 2020

Business

Ombudsman data foreshadows challenging future for small businesses

Preliminary data released by the small business ombudsman has painted both promising and worrying signs for businesses...

15 December 2020

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