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President to guide the AAT through its reform named
The selected official will be the inaugural president of the reinvented administrative review board for the remainder of his term.
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NSW considers sanctions for disclosure of government tax information
The proposed multi-million dollar penalties are to prevent the state from being caught out by tax leaks.
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Melbourne business penalised almost $60k for breaches
The painting company must now pay over $20,000 in compensation after it underpaid and unfairly dismissed a migrant worker.
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Accountants have to bite bullet on desperation hires, poor performers
Talent shortage or not, getting recruitment right pays off in the long term, says consultant Rob Pillans.
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Intuit raises revenue forecast for full fiscal year
The increase was on the back of Intuit QuickBooks’ Online Accounting revenue growing over 25 per cent in the quarter.
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TPB terminates agent for wrongfully claiming over $100k in deductions
A tax agent firm was also issued an education order for lodging client tax returns with groundless deductions.
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Coffee bar penalised for withholding $14k in JobKeeper payments
The FWO has secured fines against the operation for the second time in less than a year.
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Airwallex partners with Expedia to tackle global travel costs
The venture aims to temper the surging cost of both business and personal travel.
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Victoria slugs big business, landlords to pay for lockdown
“Appalled” CPA Australia says measures announced as part of its COVID Debt Repayment Plan “threatens to make a bad situation worse”.
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Xero NZ boss challenges big firms to improve payment times
The pressure came after it found late payments cost small NZ firms up to $NZ456 million per year.
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Revolut launches business service in Australia
The global fintech claims local firms pay billions in excess exchange costs.
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Professional with 4 decades of experience joins Grant Thornton
The new hire brings with him expertise from working at PwC and has lectured externally for CA ANZ and ASIC.
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Victorian government abolishes stamp duty
The reform will see commercial and industrial properties pay an annual tax from 1 July 2024 instead of the lump sum figure.
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NSW revamps tax concessions for first home buyers
It will expand stamp duty exemptions which “is a fairer and simpler system”, says the government.
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BNPL products to be regulated as credit devices: Jones
‘Doing nothing is not an option’ as research finds women, First Nations communities and those on low incomes are disproportionately affected by BNPL debt.
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Two-thirds short of funds for retirement: Findex
It is never too late to seek advice and most would benefit, survey says.
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BDO promotes CFO to chief operating role
Longtime finance chief wins recognition after leading the firm’s national integration.
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‘Women will pay more tax, benefit least from Stage 3’
The proposed cuts would hit female workers hardest as their share of income tax payments grows compared with men, says national body.
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PKF Sydney aims to build ‘biggest broker force in Australia’
PKF has hired a former Mortgage Choice director to lead its specialist mortgage broking arm.
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Industry, small business urge FWC to dial back minimum wage rise
The ACTU’s 7 per cent claim is “reckless”, says one industry group, with high inflation and a slowdown in GDP growth.
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