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

more from tag

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

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

Business

PwC estimates $1.35bn in wage underpayments annually

Australian workers could be collectively underpaid to the tune of $1.35 billion each year, as a new PwC report calls...

21 November 2019

Regulation

AAT reduces agent’s registration disbarment period

A former Sydney tax agent, who failed to comply with his personal tax and business obligations, has succeeded in...

19 November 2019

Business

Unregistered preparer obtained $110k using myGov access

An unregistered tax preparer who fraudulently obtained close to $110,000 in refunds by using taxpayers’ personal myGov...

15 November 2019

Regulation

Franchise feedback sought as reform looms

Accountants and their small business clients have been urged to give feedback on the franchising sector as the...

13 November 2019

Super

Industry split on best way forward for SMSF advice

A large proportion of SMSF professionals would still like to see the accountants’ exemption returned, but the industry...

11 November 2019 • By Sarah Kendell

Business

Federal Court disqualifies liquidator in ATO landmark case

The Federal Court has disqualified a Sydney-registered liquidator from practising for a decade after finding that he...

08 November 2019

Regulation

Inquiry mute on dedicated compensation for ATO outages

Accountants hoping for easier access to compensation for major ATO system outages have had their hopes all but dashed,...

05 November 2019

Business

Regular accountant contact vital for millennial business owners

More than one in two millennial business owners are on the lookout for a new accountant or bookkeeper, with infrequent...

04 November 2019

Business

ATO’s $45bn debt book, deceased estates, to undergo IGTO scrutiny

The Inspector-General of Taxation and Taxation Ombudsman has launched an investigation into the ATO’s $45 billion debt...

01 November 2019

Regulation

‘The time has come’: Joint accounting bodies lobby for regulatory framework...

Australia’s three major professional accounting bodies have now re-established the joint accounting bodies alliance in...

31 October 2019