Super

HLB Mann Judd flags super changes for new financial year

Practitioners have been reminded about the increase in contribution caps as well as other changes impacting employers.

27 May 2024 • By Miranda Brownlee

more from tag

Regulation

ATO scrutiny on trust distributions increasing, lawyer warns

The ATO’s additional guidance on trust distributions shows this is an area it is likely to check closely, says a...

24 May 2024 • By Keeli Cambourne

Business

1 in 3 SMBs looking for additional advisory services

Over a third of small- to medium-sized businesses are looking for more advice in areas such as strategic tax planning...

24 May 2024 • By Miranda Brownlee

Business

ScotPac, Gallagher partner for better SME finance and insurance services

The deal will allow clients to easily access both firms’ products as well as preferential premiums and rates.

24 May 2024 • By Christine Chen

Tax

Payroll tax for GPs scrapped in Victoria, SA

The RACGP says all states must follow suit and abolish the “disastrous” impost, while tax advisers have called for...

24 May 2024 • By Christine Chen

Technology

Revolut expands services to Australian sole traders

Fintech firm Revolut has launched an offering specifically for sole traders in Australia through its Revolut Business...

23 May 2024 • By Miranda Brownlee

Tax

Parliamentary pipeline stalling Treasurer’s key tax reforms

The budget has been criticised for a light-on tax reform package and now opposition forces are stalling the progress...

22 May 2024 • By Miranda Brownlee

Regulation

Joint bodies push for ‘problematic’ accountants’ certificates to be scrapped

Accountants’ certificates are increasingly exposing accountants to significant personal risk and should be removed...

23 May 2024 • By Miranda Brownlee

Tax

ATO warns taxpayers on ‘double dipping’ with WFH deductions

Tax professionals should ensure clients are aware of the broader scope of deductions covered under the fixed rate...

23 May 2024 • By Miranda Brownlee

Technology

Cyber scams to spike 400% at tax time, CBA warns

Experts say scammers will ramp up efforts to steal tax and super portal login details through AI-enhanced phishing...

22 May 2024 • By Christine Chen

Business

SMEs face recession-like conditions as consumer spending dries up

Low demand but high cost pressures are hitting hospitality businesses the hardest, CreditorWatch says.

22 May 2024 • By Christine Chen

Business

TPB releases guidance on planning for practitioner incapacity

The guidance is aimed at assisting practitioners to put arrangements for unforeseen circumstances in place.

22 May 2024 • By Miranda Brownlee

Tax

ATO flags top problem areas for rental property deductions

Investors incorrectly apportioning interest from investment loans and confusion between repairs and improvements are...

22 May 2024 • By Miranda Brownlee

Appointments

Insolvency accountant awarded liquidator licence at Mackay Goodwin

The insolvency and restructuring firm has announced that Nelson Huang has received his liquidator licence.

21 May 2024 • By Miranda Brownlee

Super

ATO affirms Federal Court’s ‘employee’ definition for super purposes

The finding that superannuation entitlements extend only to natural persons and not partnerships accords with...

20 May 2024 • By Miranda Brownlee

Super

AAT sets aside trustee disqualification

The tribunal has overturned the commissioner’s decision to disqualify an individual from acting as an SMSF trustee...

21 May 2024 • By Miranda Brownlee

Regulation

Dob-in provisions to pose major issues for common scenarios

The breach reporting obligations will cause significant headaches for practitioners across a wide range of real-life...

21 May 2024 • By Miranda Brownlee

Tax

ATO funding to bring more taxpayers under real-time scrutiny

Dealing with the Tax Office should now be seen as a regular cost of doing business, one expert says.

20 May 2024 • By Christine Chen