Super

Tax Office issues 8,710 DPNs over unpaid super in 2023–24

The Tax Office finalised 23,600 super guarantee cases during the 2023–24 financial year, resulting in $659 million in...

20 November 2024 • By Miranda Brownlee

more from tag

Tax

SMEs must be aware of CGT obligations, cautions tax expert

Capital gains tax continues to be the most common tax trap for Australian small businesses due to its broad scope, a...

20 November 2024 • By Imogen Wilson

Business

Anti-money laundering bill receives green light

A Senate committee has concluded that the bill to implement changes to the anti-money laundering and counter-terrorism...

19 November 2024 • By Miranda Brownlee

Regulation

Government cautioned on penalty proposal for accountants’ certificates

The professional bodies have raised concerns about ASIC’s proposal to impose new penalties for the misclassification...

19 November 2024 • By Miranda Brownlee

Business

ASBFEO launches SME guide to help tackle debt

The Ombudsman has issued a guide to help Australian small businesses navigate the challenges of paying or collecting a...

19 November 2024 • By Imogen Wilson

Regulation

Government issues consultation to crack down on ‘dodgy business practices’

The Albanese government announced it will be banning “dodgy” business practices that continuously rip off Australians...

19 November 2024 • By Imogen Wilson

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

Regulation

Too soon for more promoter penalty changes: CPA Australia

Advisers still need time to adapt to reforms to the regime’s scope and penalties that kicked in just six months ago,...

18 November 2024 • By Christine Chen

Regulation

‘Bold and broad’ inquiry reforms to restore trust in profession, says IPA

Recommendations from the consulting inquiry focused on whistleblowing, partnerships, large firms and consultants will...

18 November 2024 • By Miranda Brownlee

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

Looming election to offer reprieve from regulatory uncertainty

Accountants may be spared from further reforms in 2025 with the Federal Election expected to occur by May, according...

15 November 2024 • By Imogen Wilson

Appointments

CA ANZ member appointed to IFAC as deputy president

CA ANZ has welcomed the election of Taryn Rulton as the International Federation of Accountants’ new deputy president.

15 November 2024 • By Imogen Wilson

Regulation

14k NFPs lodge first self-review return

The ATO has addressed emerging concerns about the new reporting for NFPs and provided tips for lodgment as the...

14 November 2024 • By Miranda Brownlee

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

Business

ACCC homes in on misleading NDIS advertising

“Problematic” businesses with advertising targeted at NDIS participants are being put on notice by the ACCC.

14 November 2024 • By Imogen Wilson

Business

Tax Institute debuts new tax education system

The professional body’s new ‘Tax Academy’ aims to educate tax professionals and close the skills gap.

14 November 2024 • By Imogen Wilson

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

Regulation

Over-regulation of tax agents jeopardises future tax services: CA ANZ

The government has failed to consider the longer-term policy ramifications of the recent spate of legislative changes...

13 November 2024 • By Miranda Brownlee