Regulation

Labor’s code changes an ‘assault’ on accountants: Opposition

The shadow assistant treasurer has demanded the urgent withdrawal of new rules he says are unrealistic and rife with...

19 July 2024 • By Christine Chen

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Business

PKF Australia welcomes new Darwin practice, PKF Merit

PKF Australia announced the opening of a new Darwin branch this week, further expanding its presence across the nation.

18 July 2024 • By Imogen Wilson

Business

Ransomware attack allegedly strikes accounting firm

Ransomware gang Hunters International revealed that a Brisbane accounting practice had been added to its leak site...

18 July 2024 • By Daniel Croft and Imogen Wilson

Tax

ATO’s growing data access ‘alarming’, says TaxTank CEO

The software firm founder has raised serious concerns about the ATO's access to private taxpayer information.

19 July 2024 • By Imogen Wilson

Business

KPMG to exit commercial law, cut 30 jobs

The big four firm has announced a restructure of its legal business one month after its $80 million consulting...

17 July 2024 • By Christine Chen

Business

Professional bodies unite to demand reversal of code changes

A coalition of 10 bodies has written an open letter to the Assistant Treasurer demanding the withdrawal of his changes...

17 July 2024 • By Christine Chen

Business

Petition to scrap new code rules hits 1k signatures

ChangeGPS is encouraging the profession to stand against impending code changes as their petition gains momentum.

17 July 2024 • By Imogen Wilson

Business

EY announces 2 appointments to Asia-Pacific branch

The big four firm has appointed Yew-Poh Mak as EY Asia-Pacific deputy area managing partner and Shannon Cotter as EY...

17 July 2024 • By Imogen Wilson

Technology

MYOB Advanced rebrands to ‘MYOB Acumatica’

The change comes as part of an expanded partnership with US enterprise resource planning provider Acumatica.

16 July 2024 • By Christine Chen

Regulation

TPB chair speaks on new code rules, shuts down ‘scaremongering’

Practitioners can expect the controversial changes to be interpreted “pragmatically” with guidance to be rolled out in...

16 July 2024 • By Christine Chen

Business

Liquidator hits 5 decades in the industry

Hall Chadwick partner John Vouris has marked 50 years as an insolvency practitioner since starting in 1974, making him...

16 July 2024 • By Imogen Wilson

Tax

Taxpayer wins appeal against Tax Commissioner in Federal Court

The court granted the appeal after the Commissioner admitted that a taxpayer objection ought to have been allowed.

16 July 2024 • By Imogen Wilson

Business

Blindsided accounting bodies lash ‘unworkable’ code changes

The industry has spoken out against a raft of new rules for tax practitioners introduced by the government without...

15 July 2024 • By Christine Chen

Tax

Outlook for tax debts ‘not all doom and gloom’, says tax specialist

Obtaining payment plans of two or three years is still possible despite the ATO’s tougher debt collection approach,...

15 July 2024 • By Imogen Wilson

Business

Australian SMEs struggling, performance data reveals

SME performance has been calculated at -2.0 in comparison to GDP for May 2024, according to a new business performance...

15 July 2024 • By Imogen Wilson

Tax

Boost savings this FY by salary packaging: NALSPA

NALSPA has encouraged Australians to consider salary packaging options for the next financial year to mitigate the...

15 July 2024 • By Imogen Wilson

Regulation

Minister Jones’ determination ‘inconsistent’ with current law, warns IPA

The ministerial determination creates further uncertainty for tax agents and will be challenging for the Tax...

12 July 2024 • By Christine Chen

Technology

ATO software bugs revived false on-hold debts, documents show

Internal memos show faults in the Tax Office’s automated systems affected over 600 taxpayers and led to 1,083 wrong...

12 July 2024 • By Christine Chen