Tax

Tax

Controversial changes to GIC deductions pass parliament

Amendments to deny deductions for GIC and SIC have now passed both houses.

27 March 2025 • By Miranda Brownlee

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Tax

Government announces new tax cuts in Federal Budget

The government will deliver further tax cuts in 2026 and 2027 in addition to the previous round of cuts introduced in...

25 March 2025 • By Miranda Brownlee

Tax

ATO issues warning on common CGT errors to Next 5,000 groups

Mischaracterisation of information and poor record-keeping are leading to costly errors with capital gains tax among...

25 March 2025 • By Imogen Wilson

Tax

Revised tax policies ‘wishful thinking’ as budget announcement looms

The inclusion of comprehensive tax policies in the 2025 federal budget seems highly unlikely, a tax expert has said.

24 March 2025 • By Imogen Wilson

Tax

The future of AI in accounting

On this episode of the Accountants Daily Insider, Jared Brintz, senior marketing manager at Intuit QuickBooks, dives...

21 March 2025 • By Intuit QuickBooks

Tax

Commissioner of Taxation appeals Bendel case decision

The Commissioner of Taxation has filed a special leave application with the High Court in respect to the recent...

21 March 2025 • By Imogen Wilson

Tax

Urgent clarity needed on corporate taxation, The Tax Institute says

The Tax Institute is calling for overdue certainty on corporate taxation to lower compliance costs ahead of next...

21 March 2025 • By Imogen Wilson

Tax

Lower Div 296 threshold to $2m, increase Div 293 to 35%: Grattan report

The government should curb superannuation tax breaks and lower the Division 296 tax threshold to $2 million as a top...

20 March 2025 • By Keeli Cambourne