Tax

Taxpayers must apply unused super caps, AAT rules

The tribunal has rejected a taxpayer’s argument that he could choose when to carry forward his unused concessional...

25 September 2024 • By Christine Chen

more from tag

Tax

Australian accountant indicted for part in multi-decade tax conspiracy

An Australian accountant and a film producer have been indicted by a federal grand jury for a multi-decade tax...

25 September 2024 • By Imogen Wilson

Business

Finalists unveiled for Women in Finance Awards 2024

Accountants, accounting consultants, and auditors are in the running to win one of the coveted Women in Finance Awards...

24 September 2024 • By Imogen Wilson

Tax

Federal Court dismisses appeal in tax dispute over settlement payment

The court has upheld an earlier AAT decision, ruling that a $1 million settlement payment made by an insurer to a...

24 September 2024 • By Miranda Brownlee

Tax

Government releases details on luxury car tax changes

The draft legislation aims to modernise the luxury car tax by tightening the definition of a fuel-efficient vehicle...

24 September 2024 • By Imogen Wilson

Super

WA woman faces jail time for illegal early release scheme

A Western Australian woman has been sentenced to three years in prison for submitting fraudulent applications to...

24 September 2024 • By Imogen Wilson

Regulation

Tax agent accused of $231k BAS fraud loses bid to halt TPB ban

A Sydney practitioner has failed to convince the AAT to confidentially stay the regulator’s termination decision.

23 September 2024 • By Christine Chen

Business

PwC ignored warnings to green light Seymour’s CEO bid, inquiry hears

Tom Seymour, who was head of tax at the time of the firm’s confidentiality breaches, was allowed to run for the top...

23 September 2024 • By Christine Chen

Technology

ATO announces myGovID revamp to end user confusion

From November, the service will be called “myID” after an audit found users kept mixing it up with myGov.

23 September 2024 • By Christine Chen

Business

Why this ‘peri warrior’ is against menopause leave

Peri and menopause training founder and TV journalist Shelly Horton has hit back at calls for businesses to introduce...

20 September 2024 • By Miranda Brownlee

Tax

Reprimand for lawyer who dodged 9 tax returns

A solicitor convicted for failing to complete yearly income tax returns was reprimanded and barred from practising...

21 September 2024 • By Miranda Brownlee

Super

Class report uncovers $825m tax risk among SMSFs

The latest Annual Benchmark Report from Class has estimated the potential impact of Division 296 tax and highlighted...

20 September 2024 • By Miranda Brownlee

Super

Bill to pay super on parental leave passes Parliament

The payment of superannuation on paid parental leave will boost the retirement incomes of hundreds of thousands of...

20 September 2024 • By Miranda Brownlee

Business

David Pocock to move disallowance motion against TASA changes

The senator will move a motion in Parliament next month to block the controversial Tax Agent Services Determination...

19 September 2024 • By Miranda Brownlee

Business

Small business decries ‘unfair’ payday super changes

The seven-day payment window and closure of the ATO’s clearing house are expected to disproportionately impact smaller...

20 September 2024 • By Christine Chen

Tax

CPA welcomes push to make instant asset write-off permanent

The Coalition has circulated amendments in the Senate to make the instant asset write-off permanent.

20 September 2024 • By Miranda Brownlee

Appointments

Aptum Legal snags former ATO assistant commissioner

The law firm has revealed former ATO acting assistant commissioner, Michael Buscema, has been appointed as its new tax...

20 September 2024 • By Imogen Wilson

Tax

Banned tax agent to spend 5 years behind bars

A former tax agent has been sentenced to five years in jail for obtaining financial advantage by deception and dealing...

20 September 2024 • By Imogen Wilson