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‘Aggressive’ ATO puts directors in front line for tax debts
The ATO has hardened its stance and director penalty notices are now its first resort, according to Tax Assure.
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Tax offset ‘to boost computer game industry’
The recently legislated rebate allows eligible companies to offset 30 per cent of development costs against tax.
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Businesses must plan for rising default rates, insolvency risk
The full impact of rate rises has yet to flow through the economy so now is the time to prepare for the worst, says CreditorWatch.
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Alleged money mule laundered $176k from fraudulent emails
Melbourne man has been charged by an AFP taskforce with chanelling the proceeds of cyber crime.
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Cathro recruits fraud, forensic accounting specialist
The firm bolsters its insolvency teams to meet increasing demand.
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Government establishes e-invoicing hub to encourage take-up
The launch comes as the government wants businesses to embrace the online invoicing system with 33,000 firms registered so far.
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KPMG releases partnership agreement to Senate inquiry
The document sets out rules regarding ethical conduct, confidentiality and “involuntary retirement”.
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How winning awards bring more than sheen to a career
A trio from Mazars Sydney scooped three top trophies at the recent Australian Accounting Awards and the benefits go beyond personal recognition.
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TPB bans 2 agents over conduct breaches
The investigations resulted in one having their registration terminated and banned from reapplying for 12 months and the other for five years.
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Joint ATO operation smashes $137m fraud and exploitation ring
A two-and-a-half year investigation uncovers cash payments and tax avoidance involving illegal migrants working in the building industry.
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Experienced financial planner joins Slipstream coaching team
Brisbane-based boutique firm adds “impressive business leader” to help guide accountants and advisers.
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ASIC crackdown claims 8 more SMSF auditors
Five disqualifications and three conditional registrations add to the regulator’s tally of more than 400 actions in its compliance crusade.
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WA takes GP payroll tax off the table
State Treasurer says most doctors at medical centres “are considered contractors running an independent business”.
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Associations call for extension of energy incentive
Unless the timeline is extended the incentive risks ‘failing to achieve its objectives’, says COSBOA.
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Australia faces ‘deep per capita recession’: Deloitte
After factoring in population growth, economic activity in two years will be at 2021 levels, says the latest Deloitte Access Economics forecast.
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ATO reveals characteristics and behaviours it will focus on
Accountants must make their clients aware of behaviours that will attract the ire of the ATO.
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Almost $700k recovered for over 1,000 underpaid workers
FWO inspectors investigated 84 food precincts across Melbourne with 86 per cent found to have breached workplace laws.
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Submissions open for Women in Finance Awards 2023
Nominations and submissions have now opened across 29 categories for the seventh annual Women in Finance Awards.
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‘Over a third’ of accountancy tasks could be automated by AI
Generative AI could contribute $13 billion to Australia’s professional and financial services sector by 2030, enabling accountants to shift towards a more advisory role...
Findex audit arm first to adopt permanent 9-day fortnights
Crowe pioneers the move after a six-month trial and other branches of the firm will now test the idea.
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