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ASIC scam-buster tech blitzes thousands of dodgy websites Fake investment and crypto platforms along with impersonator sites have been detected and disabled, the regulator says. ...
Expanded Victoria land tax ‘to hit SMSFs with property’ Residential property that remains vacant for six months out of the year will be subject to the levy, a lawyer warns. ...
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Insolvency Australia sets up helpline for distressed businesses The first-of-its-kind free service aims to connect individuals or businesses with registered specialists. ...
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Sole traders ‘miss out on $3.5bn in tax deductions’ More than four out of 10 fail to claim all of their business expenses, says one digital accounting services provider. ...
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Former EY partner in tax exploitation case a ‘rogue operator’ The firm says the former partner admitted receiving $700,000 and was sacked last year. ...
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ATO pursues former EY partner for alleged tax exploitation scheme The Tax Office has filed a civil case in Federal Court under the promoter penalty legislation. ...
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’Sooner rather than later’ vital for succession planning After countless health battles, broker Louisa Sanghera became all-too-aware how important it is to think of the future. ...
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Prosperity Advisers acquires Brisbane firm to expand SME business Boutique firm P+Y is set to join forces with Prosperity Advisers after a year of talks. ...
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$22bn in unpaid invoices means Christmas stress for business owners Many will be chasing unsettled accounts instead of relaxing, Intuit QuickBooks survey finds. ...
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Bondi bar fined $164k for underpaying workers, faking documents The Fair Work Ombudsman says it is taking “appropriate action” to protect vulnerable employees, cracking down on businesses that do not comply with its compliance no...
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Tax agents hit with ‘petty’ ATO list of old debts as little as 4c UPDATED: Practitioners predict additional workloads as they seek to reconcile debts recently resurrected by the Tax Office, with one saying the administrative costs outw...
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Festive work parties must dance through an FBT ‘minefield’ H&R Block says many companies trip over the tax unawares as the ATO issues a seasonal reminder. ...
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‘Integrity issues’ prompt ATO to clarify rules for R&D incentive Review claims by clients and voluntarily disclose errors, the Tax Office urges. ...
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Caddick fraud victims target class action against SMSF auditors Annual checks failed to confirm the investment assets – which turned out to be fake – actually existed. ...
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ATO ‘takes tougher line with tax debt payment plans’ Billions in collectable debt mean the Tax Office is working to shorter time frames and responding more quickly to inaction, a PwC director cautions. ...
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Taskforce seizes illegal tobacco worth millions in dozens of raids A specialised unit involving the ATO has swooped on stores across Victoria in an attempt to stamp out a tobacco turf war between rival crime gangs. ...
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CA ANZ proposes simpler solutions to $3m super tax The government should consider simpler and more effective solutions to the current policy proposal for the $3 million super tax, says CA ANZ. ...
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Aldi to face $150m wage theft class action suit The country's largest retail worker union is accusing the supermarket chain of making thousands of its employees work before their shifts without pay. ...
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ASIC prosecutes 100 for failing to assist liquidators The corporate watchdog has released its latest prosecution figures amid parliamentary scrutiny over its enforcement powers. ...
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Business owners are seeking exits without a plan, survey finds Accounting firm William Buck warns most owners are “flying blind” when it comes to maximising the value of their business at the point of sale. ...
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