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ASIC bans man at centre of PwC scandal for 8 years
Former partner Peter-John Collins is forbidden from providing financial services in addition to TPB deregistration.
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Airwallex buys into Latin America with Mexican takeaway
The purchase of MexPago is critical to the fintech’s ambitions in the region, it says.
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EzyCollect adds payment plans to accounts receivable platform
The new addition seizes the rising rates of e-invoicing adoption among businesses.
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‘Bloated’ CA ANZ blasted over $90m payroll bill
Two members take a fine-tooth comb to its finances and puzzle over its headcount comprising 1,300 staff, including more than 500 full time.
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Curb opaque powers of Commissioner, tax watchdog urges
An investigation by the Inspector-General of Taxation and Taxation Ombudsman finds the Commissioner’s discretion often results in inconsistent treatment of taxpayers an...
Farmers, small business ‘to bear brunt of $3m super tax’
Those with illiquid assets such as premises or land in super could struggle to pay the tax, the SMSF Association says.
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Tax agent who lent registration number banned for 5 years
The TPB strikes off a practitioner who enabled unregistered agents to access ATO online services.
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Accounting firms blossoming in the regions, survey finds
Two out of three are optimistic about the future although finding staff remains a challenge, says NAB.
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High Court rules against Victoria’s electric vehicle road charge
UPDATED: The state “imposes a duty of excise” within the meaning of s90 of the Constitution, its judgement says.
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Outdated views of finance deterring women: WGEA
The financial services industry could attract more women by dispelling the myth that it solely requires strong numeracy skills, according to an executive.
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CA ANZ should ‘stick to your own lane’ on the Voice
Members have slammed the body’s support for the referendum proposal as beyond its remit and “outrageously presumptuous”.
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Payroll tax ruling ‘financially devastating’, dentists warn
As many as 60 per cent of dental practices in NSW are expected to receive tax bills, the Australian Dental Association says.
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Key business data points to ‘sharp rise in company collapses’
Business activity below pre-pandemic levels and rising payment defaults paint a gloomy picture, according to CreditorWatch.
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Small business ‘dying from a thousand cuts to consumer spending’
High street data from MYOB suggests every rate increase comes with a sharp downturn in purchases and Christmas is critical.
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You’re the voice and CA ANZ understands it
Members are bound to disagree on the issue but the body remains committed to the Uluru Statement from the Heart, it says in wake of referendum loss.
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Government outlines rules regime for crypto platforms
Digital asset providers will come under existing financial services laws and need an AFSL under proposals just released.
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Logistics company fined for underpaying hundreds of migrants $3.6m
Federal Court imposes a $558,000 penalty on the business for deliberately short changing holiday visa holders over five years.
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Carbon acquires fourth Victoria office with bookkeeping takeover
Based on the Mornington Peninsula, Rad Bookkeeping & Business Solutions is the group’s seventh acquisition this year.
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KPMG UK hit with record £30m for audit failures
The firm overlooked numerous signs that multinational construction company Carillion was loss-making in the three years prior to its collapse, the FRC says.
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Accountants ‘should act early on tax debt red flags’
Seeking help sooner rather than later gives a business owner more options and leads to a better result for all the stakeholders, say two insolvency specialists.
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