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Regulation
Government to review $170bn franchising sector
Enforcement of the Franchising Code of Conduct, transparency and franchiser dispute resolution to come under scrutiny.
16 August 2023 • By Christine Chen
Business
Why demand for advisory work has changed for good
16 August 2023 • By Christine Chen
Regulation
Recycling companies fined $375k for underpaying refugees
16 August 2023 • By Philip King
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Regulation
Bankrupt lawyer with $4.7m tax debt ordered to pay $55k security
Migration specialist who moved to Romania in long-running case seeks appeal against payment ruling.
15 August 2023 • By Naomi Neilson
Tax
NSW, Victoria prescribe GP payroll tax without amnesty sweetener
UPDATED: State revenue rulings clarify that medical centres will be liable for the levy under service fee arrangements.
15 August 2023 • By Philip King
Technology
‘Healthy scepticism essential’ to avoid AI pitfalls
The technology has limitations and needs guardrails, says Damien Greathead of Intuit QuickBooks, but it’s better to...
15 August 2023 • By Philip King
Tax
IPA celebrates centenary with gala dinner, appetite for future
“We pride ourselves on our personal connection with our members and our focus on supporting small businesses,”...
15 August 2023 • By Philip King
Business
Insolvencies to surge because of economy, rise in court wind-ups
More aggressive action by the ATO and big four banks combined with the mortgage cliff make the rest of the year...
14 August 2023 • By Philip King
Regulation
Reforms to wholesale investor rules desperately needed: CPA
The accounting body is calling for a review of the wholesale investor tests, with the government currently examining...
14 August 2023 • By Miranda Brownlee
Regulation
PwC partner wins reprieve from forced retirement
Court finds the firm failed to show its reasons for acting against Richard Gregg in the wake of tax scandal.
11 August 2023 • By Naomi Neilson
Technology
AI ‘perfect for the heavy lifting on routine tasks’
Many functions such email queries or picking up anomalies in returns lend themselves to the technology, says Damien...
14 August 2023 • By Philip King
Technology
MYOB adds novated car leasing to Flare Benefits app
Software developed with the fintech company Flare allows SMEs to offer employee benefits in line with those of large...
11 August 2023 • By Christine Chen
Tax
Penalty amnesty tempts 7,000 small businesses back into tax system
UPDATED: The budget measure waives fines for late lodgment of income, BAS and FBT returns due during the pandemic.
11 August 2023 • By Philip King
Regulation
AFSA sharpens teeth as personal insolvency numbers rise
A modernisation program will simplify the system for most so the regulator can focus on “bad actors”, chief executive...
11 August 2023 • By Philip King
Business
Cross-border partnership creates Canadian CPA pathway
An agreement between CIMA and CPA Canada fast-tracks reciprocal membership between the two bodies.
11 August 2023 • By Christine Chen
Business
Rise in listings could see ‘mild deterioration’ in housing market, says...
Recent interest rate rises are unlikely to cause a blowout in mortgage arrears but housing market conditions may see a...
11 August 2023 • By Miranda Brownlee
Tax
Certainty over tax residency rules ‘will come at a cost’
The regime is outdated and inherently risky for advisers, but simplicity will also have drawbacks, says IPA.
10 August 2023 • By Philip King
Regulation
Kilimanjaro wins temporary reprieve on MYOB Exo margins
Federal Court grants injunctions preventing software developer from withholding licences or pursuing the reseller for...
10 August 2023 • By Philip King
Technology
Ignition feature puts the profit back into scope creep
Instant billing facility enables practices to charge for ad hoc or additional work without a fresh client proposal.
10 August 2023 • By Philip King
Regulation
Bikie gang members charged over alleged GST fraud
Joint AFP and ATO action over tax scams serve up leads to other crimes, deputy commissioner says.
10 August 2023 • By Philip King