Business

Business $10k cash limit bill progresses

The government has released draft rules on a controversial bill that will criminalise business cash payments above...

28 October 2019

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Regulation

CA ANZ, CPA reveal advice advocacy plans

Chartered Accountants Australia and New Zealand and CPA Australia have provided further details on their plans to...

23 October 2019 • By Sarah Kendell

Business

AAT unmoved by ATO website’s ‘poor use of language’

A taxpayer who attested to being misled by the “poor use of language” on the ATO’s website has had his submissions...

22 October 2019

Business

Tax Office to focus on ABN cancellation program

Tax agents have been given a heads up that the ATO will “focus more” on its bulk Australian business number (ABN)...

22 October 2019

Business

ATO knuckles down on cash-only businesses

Cash-only businesses are again in the spotlight, with a high-ranking ATO official suggesting that avoiding digital...

22 October 2019

Business

Tax, super robo-advisers shut down following ASIC concerns

Two robo-advice tools that dished out tax and superannuation advice have now been voluntarily shut down after concerns...

18 October 2019

Business

Tax professionals vital for small business success: ATO

Having a professional adviser is the “single best predictor of success” for a small business, says ATO second...

18 October 2019

Business

Going paperless is a ‘proactive business’ stance

Making the switch to a paperless office will help an accounting firm “make a statement” to its clients that it is...

17 October 2019

Tax

Tax scammers impersonate police, demanding EFTPOS payment in person

Phone tax scammers have taken a bold step forward, turning up at a man’s Adelaide home dressed as federal police...

15 October 2019

Business

ATO targets ‘unfair advantage’ in Tasmanian businesses

Tasmanian businesses can expect another round of visits from the ATO this year, with 300 small businesses in Hobart in...

14 October 2019 • By Jemelle Blanco

Business

IPA warns SG amnesty could be blocked by opposition

The Institute of Public Accountants has warned that the government’s proposed super guarantee amnesty could still be...

09 October 2019 • By Sarah Kendell

Tax

62 fraudulent returns, 52 stolen identities: Online tax fraudster heads to jail

A man who lodged 62 fraudulent tax returns using the stolen identities of over 50 taxpayers has been sentenced to five...

08 October 2019

Business

Fraudulent tax scheme hits WA

The Kimberley communities have been targeted by a number of promoters of a fraudulent tax scheme, prompting warnings...

04 October 2019

Business

Tax Commissioner granted access to protected documents in defamation defence

The Commissioner of Taxation has won a Federal Court case against his second commissioner, allowing him to obtain...

02 October 2019

Regulation

‘Real crisis’: CPA details $112k cost of providing holistic advice

A staggering $112,000 in registrations, certificates and insurance fees face accountants looking to offer a holistic...

01 October 2019

Business

Tax agent’s ‘cavalier attitude’ leads to registration termination

A tax agent who demonstrated a cavalier attitude towards his own tax affairs and the incorrect preparation of over 500...

30 September 2019

Business

Accountant, broker relationship crucial in SME lending success

Accountants will need to work closely with finance brokers to help form a more cohesive SME “consultancy team”, says...

30 September 2019

Business

Payday errors rampant as new laws kick in

More than two out of five Australian workers say they experience issues with their pay, including late payments and...

30 September 2019