Tax

ATO releases decision impact statement on Minerva decision

The decision does not change the Tax Commissioner’s view that schemes that include a trustee’s exercise of discretion...

30 May 2024 • By Miranda Brownlee

more from tag

Tax

Committee pushes for tax changes for large consulting firms

The inquiry into the NSW government’s use of consulting services says large consulting firms should be required to pay...

29 May 2024 • By Miranda Brownlee

Regulation

Qld women sentenced over illegal COVID-19 scheme claims

Three Queensland women who illegally attempted to access superannuation payments under a federal government COVID-19...

30 May 2024 • By Miranda Brownlee

Business

Personal insolvencies rise again in March quarter

AFSA data indicates that personal insolvencies were close to 3,000 for the March quarter, with over a quarter...

30 May 2024 • By Miranda Brownlee

Business

Payment Times bill introduced into Parliament

The Minister for Small Business says the reforms will provide a “shot in the arm” for small business with faster...

30 May 2024 • By Miranda Brownlee

Business

Government ‘failing small business’ with political games: Allegra Spender

The Member for Wentworth has criticised the government over its failure to deliver the promised instant asset...

29 May 2024 • By Miranda Brownlee

Tax

Land tax objections can attract ‘greater scrutiny’, warns law firm

Recent changes to land tax rules and increasing property values is driving an increase in objections against land tax...

29 May 2024 • By Miranda Brownlee

Business

Finalists for Australian Accounting Awards 2024 notified

Accountants Daily has advised hundreds of members of the accounting industry that they have been chosen as finalists...

28 May 2024 • By Miranda Brownlee

Regulation

IESBA chair outlines major priorities for ethics in accounting

Culture and governance in accounting firms and the application of the ethics code to non-professional accountants will...

29 May 2024 • By Miranda Brownlee

Business

CA ANZ pushes for ‘better targeted’ migration strategy

The professional accounting body called on the government to go further in plugging audit and accounting gaps that...

27 May 2024 • By Miranda Brownlee

Technology

Wolters Kluwer launches CCH iFirm Workpapers in Australia

The software product offers a wide range of features and tools to streamline workpaper creation, management and...

28 May 2024 • By Miranda Brownlee

Tax

Victorian government swoops on vacant properties in tax crackdown

Over 300 assessments have been issued for vacant residential land tax in a recent compliance investigation.

28 May 2024 • By Miranda Brownlee

Regulation

Federal Court dismisses tax agent’s appeal against termination

The court has upheld a decision by the AAT and Tax Practitioners Board to terminate an agent’s registration after she...

28 May 2024 • By Miranda Brownlee

Tax

Victorian government honours its commitment

Holiday home exemption from vacancy residential land tax will be extended to companies and trusts.

24 May 2024 • By Jeremy Makowski, Coghlan Duffy Lawyers

Tax

Plan now to take advantage of stage 3 tax cuts, specialist advises

With the stage 3 tax cuts set to be implemented in around six weeks, opportunities for tax-saving strategies should be...

25 May 2024 • By Miranda Brownlee

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

Business

Federal Court quashes AAT decision involving property trust

Two taxpayers have been successful in an appeal against a tribunal decision examining whether bank deposits were...

25 May 2024 • By Miranda Brownlee

Business

Accountants primed to help burnt out business owners

Accountants are well placed to support business owners overwhelmed by the cost-of-living crisis, according to a data...

27 May 2024 • By Miranda Brownlee