Tax

Tax

Sydney auditors plead guilty to criminal charges over audit failures

An audit firm and its director have each pleaded guilty, in an Australian first, to criminal charges over the quality...

08 July 2021 • By John Buckley

more from tax

Tax

Board of Taxation commences low-value imported goods GST review

The Board of Taxation will now review the collection of GST on low-value imported goods, including the effectiveness...

06 July 2021 • By Jotham Lian

Tax

R&D tax incentive changes bring confidence to business: BDO

New R&D tax incentive changes are likely to boost confidence among businesses whose innovation research investment has...

06 July 2021 • By John Buckley

Tax

‘Political suicide’ inheritance tax gains growing support: Research

New research shows that, as interest lacks in giving or receiving inheritances, two-thirds of Australians believe the...

05 July 2021 • By John Buckley

Tax

130 countries join framework for international tax reform

The countries, which account for more than 90 per cent of the world’s GDP, have come together to force multinational...

05 July 2021 • By John Buckley

Tax

Diving into the tax watchdog’s latest report on undisputed tax debts

The ATO’s debt book has swollen to $34 billion, with COVID-19 exacerbating an issue that has been growing over the...

02 July 2021 • By Robyn Tongol

Tax

Joint accounting bodies take aim at ‘complex, inconsistent’ reporting red tape

Unnecessary complexity and inconsistency in Australia’s financial reporting and audit regulations is stifling...

02 July 2021 • By Jotham Lian

Tax

Financial reporting thresholds raised for 5,000 charities

Over 5,000 charities will no longer have to produce reviewed or audited financial statements as the government lifts...

01 July 2021 • By Jotham Lian