Super

ATO’s SG activities expose ‘clearing house debacle’, says IPA

A ramp up in SG compliance activities has unearthed underlying issues concerning clearing house delays and draconian...

22 March 2024 • By Miranda Brownlee

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Business

Integro Private Wealth boosts regional WA presence with partnership

The private wealth firm has partnered with accounting firm AMD Chartered Accountants to expand its services across...

20 March 2024 • By Miranda Brownlee

Tax

Bowerman decision highlights flaws with ATO approach to losses

The AAT decision demonstrates the reluctance of the ATO to allow tax deductions where profit-making activities lead to...

21 March 2024 • By Miranda Brownlee

Business

RBA 'cautiously' holds, ends hawkish stance

Economists predict rate cuts by the end of the year as the bank's latest monetary statement reveals a "shift" in tone.

20 March 2024 • By Christine Chen

Business

ATO admits to fast-tracking client linking over fraud concerns

The Tax Office says it rejected three alternative proposals and proceeded with the current process without industry...

20 March 2024 • By Christine Chen

Tax

DPNs surge to over 18k as ATO ramps up activity

The ATO is adopting a range of targeted strategies as it clamps down on the growth in collectable debt.

20 March 2024 • By Miranda Brownlee

Regulation

‘Uniform approach’ critical for resolving interstate EPOA issues, says barrister

Australian states must adopt a standard form for enduring powers of attorney to resolve the intestate issues plaguing...

19 March 2024 • By Miranda Brownlee

Business

Reserve Bank reveals latest cash rate decision

The RBA has kept rates on hold again as its grapples with the combination of slowing growth, rising unemployment and...

19 March 2024 • By Miranda Brownlee

Technology

HeirWealth partnership to streamline intergenerational wealth management

The fintech company has partnered with Envestnet Yodle to provide a more efficient process for transferring...

18 March 2024 • By Miranda Brownlee

Tax

Government unveils details of Division 296 tax for defined benefit interests

Treasury has released draft regulations outlining the calculation of the Division 296 tax for defined benefit interests.

18 March 2024 • By Miranda Brownlee

Super

Super Clearing House change to impact small businesses, SMSFs

A major update to the SBSCH means perfect alignment between employees’ super details and those recorded by the ATO...

18 March 2024 • By Miranda Brownlee

Tax

Beware of ‘quirks’ in draft GST ruling, cautions tax expert

The ATO has changed its position on certain timing aspects for claiming input credits in a recent draft ruling, says...

18 March 2024 • By Miranda Brownlee

Technology

Canberra to create $8m ‘one-stop-shop’ small business cyber service

The government's program will build digital resilience and provide support in the immediate aftermath of an attack at...

18 March 2024 • By Christine Chen

Business

Aussie practices can learn from lucrative branding strategies in US

Accounting firms in the US are rebranding as digital tech start-ups and reaping millions of dollars in funding, says...

18 March 2024 • By Miranda Brownlee

Appointments

Pitcher Partners Sydney adds 2 new audit partners

The firm says it is tailoring its efforts to cater to clients who are "seeking alternatives" to the big four firms.

18 March 2024 • By Nick Wilson

Tax

ATO’s client-agent linking a threat to system integrity: IGTO

Tax ombudsman Karen Payne has criticised the byzantine design and implementation of the process, throwing her support...

18 March 2024 • By Christine Chen

Business

Grant Thornton makes job cuts to management consulting group

Chief executive Greg Keith cited “ongoing challenges within the retail market” as contributing to the redundancies.

15 March 2024 • By Miranda Brownlee

Regulation

ASIC acts against 15 auditors over in-house audit concerns

The Corporate Regulator has taken action against 15 auditors following a review into audit firms conducting both...

14 March 2024 • By Miranda Brownlee