Tax

Tax

Reliance on bracket creep risks record-high income taxes

The budget is becoming increasingly reliant on bracket creep as Commonwealth revenue from fuel and excise levies...

18 November 2024 • By Christine Chen

more from tax

Tax

ITECA pushes for tax changes to student loans

The government’s student debt reduction initiative is set to fail students who will still be required to pay student...

14 November 2024 • By Imogen Wilson

Tax

Bendel decision could spur ‘legislative tinkering’ from government

The government may look to take matters into its own hands for tax issues relating to Division 7A and UPEs once the...

14 November 2024 • By Miranda Brownlee

Tax

Practical scenarios demonstrate dire consequences of Div 296 tax, auditor warns

The taxation of unrealised gains following the introduction of Division 296 tax will pose severe financial risks for...

13 November 2024 • By Miranda Brownlee

Tax

Changing the accounting game with AI: Intuit QuickBooks

On this episode of AD Insider, Alan FitzGerald dives into the world of AI and how accounting firms can use it to...

08 November 2024 • By Robyn Tongol

Tax

TPB to leverage breach reporting in compliance programs for 24-25

Recent reforms such as mandatory breach reporting will enable the the Tax Practitioners Board to focus on intelligence...

05 November 2024 • By Imogen Wilson

Tax

Beware tax traps this festive season, expert warns

Australian businesses need to remain diligent and compliant with Tax Office requirements during the holiday period, a...

05 November 2024 • By Imogen Wilson

Tax

NDIS fraudsters slapped with combined 12-year prison sentence

A multimillion-dollar fraud against the Tax Office and the National Disability Insurance Scheme has landed three...

04 November 2024 • By Imogen Wilson