iscover
News
Tax Institute weighs in on NSW’s ‘Art of Tax Reform’ mission
As the NSW government aims to improve taxation for creative industries, The Tax Institute has said tax reform at the federal and state levels should be achieved first.
...
Aussie SME owners value lifestyle over international growth, Xero reveals
The Australian business community isn’t facilitating global growth as data reveals only 17 per cent of small business owners aspire to international reach.
...
4 more GST fraudsters busted in Operation Protego crackdown
The Tax Office has convicted a further four GST fraudsters under Operation Protego, pushing the total number of convictions under this operation to 130.
...
Beyond compliance: Why are accountants letting construction clients fail?
I've been liquidating businesses for over 30 years, and I can tell you something that should terrify every accountant with construction clients: construction has always t...
‘Plan an exit strategy as you go’: Succession planning a must for SME owners
As more people endeavour to start their own small businesses, accounting professionals are urging business owners to establish effective succession plans and exit strateg...
Aussie facing $23m tax bill refuses to return to the country
An Australian citizen has failed in his application to resolve a domestic tax dispute in an offshore court, facing arrest and a $23 million tax bill upon his return to Au...
‘Not happy, disappointed’: Practitioner slams latest ATO SBSCH decision
Before the upcoming abolishment of the Small Business Superannuation Clearing House, the Tax Office will close it to new registrants from 1 October 2025.
...
CPA welcomes ATO’s commitment to service improvements
The Tax Office has pledged to commit to an improvement of its service operations for tax practitioners, a move that has been welcomed by the professional accounting body....
AI integration no longer optional for accounting firms
With artificial intelligence rapidly changing how accounting firms deliver services, communicate with clients, and manage internal processes, a new event is launching to ...
Key takeaways from the High Court’s decision in Commissioner of Taxation v PepsiCo
The High Court of Australia has ruled in favour of PepsiCo, dismissing six appeals brought forward by the Commissioner of Taxation. Here, senior tax lawyers unpack the de...
ATO furthers fraudster crackdown with expanded data
The Tax Office will double down on its data-matching capabilities to protect taxpayers as reports of fraud have significantly surged.
...
Rate cut welcome, yet ‘flailing productivity’ needs more, business advocates say
Professional and business bodies have welcomed the Reserve Bank’s “unsurprising” decision to cut the interest rate by 25 basis points.
...
ARTA pauses income tax fraud case to await criminal GST fraud trial
The Administrative Review Tribunal has suspended proceedings on a case of alleged income tax fraud as the applicant awaits a separate criminal trial for alleged GST fraud...
Ex-PwC partner gets registration terminated for $11m tax shortfall
Former PwC partner Richard Gregg has had his tax agent registration terminated by the Tax Practitioners Board for breaching the Code of Professional Conduct.
...
‘Time for reform?’: Accountant proposes change to tax advice regulation
Australia’s “increasingly difficult to justify” two-tier tax advice regulation system should be considered for reinvention, a tax practitioner has proposed.
...
RBA reveals August 2025 cash rate call
Following last month’s shock hold, find out, in this special announcement brought to you by Accounting Home Loans, if the Reserve Bank of Australia has decided to raise...
Use of accountants skyrockets once business revenue hits $100k
Once annual revenue reaches $100,000, businesses are much more likely to engage with external accountants, new research has shown.
...
APAC mid-market M&A deals see uplift, data shows
Merger and acquisition volumes in the middle market across the Asia-Pacific region have seen a slight uptick of 3.9 per cent in FY25, according to research from a charter...
‘Bold’ net cash flow tax idea could increase tax complexity, BDO says
Tax practitioners have welcomed the Productivity Commission’s “bold” net cash flow tax idea but warned against introducing more complexity into the Australian tax s...
AI, automation, and accuracy
Here’s what Intuit QuickBooks’ latest updates mean for Australian accountants and businesses, writes Amanda Newton.
...
Page 10 of 205
