Business

1 in 3 businesses will struggle to pay bills: ABS

More than a third of businesses are expecting to struggle to meet financial obligations over the next three months,...

28 August 2020

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Business

Account for September deferred payments now, businesses warned

Small-business owners will need to take stock of deferred rents and bills ahead of the September cliff, warns one...

25 August 2020

Regulation

TPB-ATO independence in the firing line as terminations spike

The Tax Practitioners Board’s independence from the Tax Office has been called into question again as fears grow that...

21 August 2020

Business

Victorian government extends eviction moratorium

The Andrews government will extend its ban on evictions and rental price increases until the end of the year, as...

21 August 2020 • By Jotham Lian

Regulation

ATO eyes early 2021 introduction of director ID regime

Director identification numbers are set to come into play early next year, as the ATO commits to rolling out the new...

20 August 2020

Business

1,000 ‘high-risk’ tax agents in TPB’s sights

The Tax Practitioners Board will target 1,000 high-risk agents and unregistered advisers this financial year as it...

20 August 2020

Business

1 in 4 businesses rejected for new loans

Small businesses are shying away from borrowing, while those who are looking for finance are being knocked back by...

18 August 2020

Tax

Tax evasion promoter jailed after 19-year investigation

A key conspirator of an elaborate multimillion-dollar tax evasion scheme has now been sentenced to six years in jail.

18 August 2020

Business

‘There will be failures’: RBA’s Philip Lowe sounds insolvency warning

Reserve Bank governor Philip Lowe has warned of an inevitable wave of business failures after September when...

17 August 2020 • By Jotham Lian

Super

AFP charges 3 people with early access to super fraud

The Australian Federal Police have charged three people with allegedly submitting false claims to withdraw over...

17 August 2020

Business

$3.3m tax-evading agent faces maximum disqualification

A tax agent who was found to have evaded over $3.3 million in taxes for his wife and himself has now been struck off...

13 August 2020

Business

TPB ramps up terminations with 129% spike

Tax practitioner terminations have jumped by 129 per cent as the Tax Practitioners Board credits a more efficient...

11 August 2020

Business

Economic recovery could be slower than anticipated: RBA

The Reserve Bank of Australia has warned the economic recovery from the COVID-19 pandemic remains uncertain, with its...

10 August 2020 • By Jotham Lian

Business

Victoria government removes ‘sole operator’ carve-out

The Victorian government has now removed ambiguous information on its stage 4 restrictions fact sheet that had...

07 August 2020 • By Jotham Lian

Business

Business owners to benefit from virtual event

Accountants Daily sister brand MyBusiness is bringing together an impressive line-up of decision makers, dignitaries,...

07 August 2020

Business

Women in Finance Awards 2020: Small Business Adviser of the Year finalists...

Accountants Daily, in partnership with Mortgage Choice, is pleased to announce the finalists for the Small Business...

06 August 2020

Business

‘Our approach is tailored and empathetic’: Commissioner writes to Victorian...

The Commissioner of Taxation has penned an open letter to tax professionals in Victoria, reassuring them that...

05 August 2020

Business

PwC posts flat revenue of $2.6bn for FY20

PwC has recorded a flat $2.6 billion revenue for the 2020 financial year as the firm braces for ongoing COVID-19...

04 August 2020