Tax

ATO crackdown focuses on rental properties, work claims, CGT

A trio of targets will get special scrutiny this year and the Tax Office expects to issue fewer refunds.

15 May 2023 • By Philip King

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Business

American accounting association offers additional learning platform

The program will help accounting and finance professionals improve and update their skills for the contemporary...

12 May 2023 • By Josh Needs

Technology

Airwallex doubles down on borderless payments mission

Rapid growth in its products and global footprint encourage an ambitious statement from its co-founder.

12 May 2023 • By Philip King

Tax

ATO rental property focus to keep accountants on their toes

An understanding of how CGT works for homes and rentals is vital, says HLB Mann Judd.

12 May 2023 • By Josh Needs

Regulation

$4.4m in back pay: UTS joins list of universities short-changing staff

More than 2,777 employees were underpaid over seven years with some individual shortfalls exceeding $200,000.

12 May 2023 • By Josh Needs

Business

Finalists announced for 10th Australian Accounting Awards

Over 280 finalists have qualified to battle it out at the prestigious Australian Accounting Awards 2023, to be held in...

11 May 2023 • By Malavika Santhebennur

Technology

Budget funds next stage of nationwide digital ID program

The expansion of the digital ID program is a positive step but accessibility and ease of use will be critical to...

11 May 2023 • By Miranda Brownlee

Business

Sun about to set on range of popular tax measures, ATO warns

Accountants should tell clients to act fast on full expensing and loss carry back because their days are numbered.

11 May 2023 • By Josh Needs

Business

Budget trumpets a surplus, lower inflation and real wage growth

Australia is well placed to weather the global economic slowdown with minimal impacts to GDP and employment, the...

11 May 2023 • By Josh Needs

Business

Small business laments lack of targeted support for sector

Cost-of-living measures, energy subsidies and other initiatives will help, it says, but much more could have been done.

11 May 2023 • By Philip King

Super

Budget sheds light on 2 key issues for super

The government has outlined the direction it will take with non-arm’s length income and signalled the $3 million tax...

11 May 2023 • By Miranda Brownlee

Business

Budget: the tax profession delivers its verdict

Experts from across the industry pronounce judgment on the Treasurer’s centrepiece during uncertain times.

09 May 2023 • By Philip King

Business

Key budget takeaways for agents, accountants

A rundown of the main points, focusing on what matters to the tax profession.

09 May 2023 • By Miranda Brownlee

Tax

FYI celebrates 1,000th customer in NZ firm Sidekick

The Adelaide start-up says its document management system has been winning over accountants, with one South Island...

10 May 2023 • By Philip King

Tax

Lodgment deferral upgrade quicker, spots problem requests

ATO’s linked system prefills forms, cuts decision times and highlights any misbehaviour.

10 May 2023 • By Philip King

Business

Seymour steps down as PwC chief

Firm “committed to learning from its mistakes” and acknowledges an immediate “need to rebuild trust”.

08 May 2023 • By Philip King

Business

Darkwave spread its wings with business division

After almost two decades specialising in accountancy for the music and entertainment industry, Darkwave expands its...

09 May 2023 • By Philip King

Business

Small business names inflation as first priority in budget

Two SME surveys put cost-of-living pressures well ahead of traditional concerns over tax rates and red tape.

09 May 2023 • By Philip King