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HLB Mann Judd unveils new offices in NSW and Qld
The firm has announced new office locations in Lismore, NSW and Robina, Queensland.
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Director disqualified for failure of 21 companies: ASIC
A NSW director owing over $21 million to the Tax Office has been disqualified by the corporate regulator for five years.
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IGTO lists agent phone line as top review area
The registered agent phone line has been listed as a priority review area in the Inspector-General of Taxation's finalised workplan.
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Review makes recommendations to rectify ATO’s ‘clogged’ objection system
The Inspector-General of Taxation has called for simpler processes for amending past tax returns and for online lodgment of objections to be expanded.
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Government’s super tax reforms ‘modestly’ reduce tax concessions: Assistant Treasurer
Assistant Treasurer Stephen Jones has said it is a fairer outcome if the government “modestly” reduces tax concessions for superannuation accounts with “very” h...
Xero unveils winners of 2024 Beautiful Business Fund
Four Australian small businesses have been awarded a share of $180,000 for winning a position in the recent Xero Beautiful Business Fund.
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UK tax changes a 'nightmare' for Aussies with UK investments: Pitcher Partners
Australians with UK investment portfolios could be at risk of inheritance tax, Pitcher Partners warns.
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TPB to set higher bar for top end of town with code changes
The TPB says it will adopt a pragmatic approach for smaller firms in response to the code changes while expecting a more sophisticated response from larger firms.
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CA ANZ appoints new chief economist
The professional body has announced the appointment of its new chief economist, Professor Richard Holden.
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Growing credit reliance reaches ‘concerning’ levels, data reveals
Persistent economic challenges have led to increased reliance on credit in the hospitality and retail sectors, according to Equifax.
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SME challenges to be left in ‘rear-view mirror’: NAB
The first cash rate cut will signify the start of a series of significant improvements in SME conditions, according to the latest NAB Business Pulse.
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Anti-money laundering reforms need whole-of-government approach: SMSFA
The SMSF Association has urged the government to take a whole-of-government approach to consider all current and pending regulatory reforms impacting tranche two entities...
Application of Section 15 will be ‘rare for most practices’, says TPB
The TPB has sought to assure practitioners that the requirement to report false or misleading statements is unlikely to arise very often for most practices.
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Tax fraud crimes to be repaid with diamonds: AFSA
An auction of luxury goods forfeited in Operation Elbrus is set to filter millions of dollars back into Australia, according to the Australian Financial Security Authorit...
Tougher illicit tobacco penalties to ensure ‘responsible’ SMEs
The NSW Small Business Commissioner has welcomed stronger enforcement against illegal tobacco sales.
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ScotPac SME growth index reveals positive picture for Qld SMEs
Queensland SMEs have surged to the top of national rankings for projected business growth.
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TPB puts 7k tax agents on notice over outstanding debts, lodgments
Tax practitioners with outstanding obligations have been warned to get their tax affairs in order with the ATO and TPB renewing their focus in this area.
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Canberra unveils major $14.7m scam compensation pathway
The funding package will expand AFCA’s remit to act as a “single door” of redress for victims.
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1 in 3 crypto owners confused about tax, study reveals
Australian cryptocurrency owners need to be aware of their profits and whether they incur tax, experts have warned.
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Xero appoints new managing director
The software firm has announced Angad Soin as its new managing director for Australia and New Zealand, effective immediately.
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