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ATO hands NFPs 5-month extension to lodge self-reviews The Tax Office has extended the October deadline to March 2025 amid concerns over the sector’s ability to meet the new rules. ...
CA ANZ appoints new director to board The professional body has welcomed Rachel Walsh to its board of directors, effective 1 July.  ...
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ATO flags important super changes for FY25 The ATO is reminding taxpayers of important changes that will impact their superannuation from 1 July.  ...
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Review of Qld property tax draws cautious support Industry advocates support the move but want a commitment that it will not result in any new taxes being introduced. ...
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ATO teams up with private sector in anti-scam fight The Tax Office has become the first government agency to join the Australian Financial Crimes Exchange. ...
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Rank audit firms and tie pay to quality, government told The IPA has called for major reforms to address firm culture, including public performance ratings and quality-based remuneration. ...
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PayPal used unfair contract term with small business, court rules The Federal Court has found fine print in the company’s user agreement had allowed it to retain unreported overcharges. ...
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Accountant’s $340k BAS refund claim crumbles The AAT has backed the ATO’s decision to deny input tax credits over a sham asset sale between two companies owned by the same man. ...
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Nearly half of crypto investors unclear on tax rules, survey finds Traders have called for more guidance on how their assets are taxed following an ATO compliance crackdown.  ...
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Temporary FBT break lifts plug-in hybrid sales 130% An industry body warns strong take-up will only continue if the generous tax break remains. ...
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Passage of payment times bill ‘a big win’ for small business The passage of reforms to the payment times reporting framework is a welcome development for small business suffering from late and failed payments, says a payment servic...
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Big 4 crusade could hurt high street accountants: CPA Australia The accounting body says sweeping reforms in response to big four firms’ misconduct will burden smaller practitioners who already deal with a raft of different regimes....
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OECD executive among 3 new ‘high calibre’ KPMG hires The firm has enlisted the help of three senior business figures with extensive experience in guiding organisations through critical issues.  ...
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Ascendant mid-tiers boost partner ranks as big 4 scale back RSM has appointed 22 new partners and directors while William Buck broke its own record by adding 19 partners and principals. ...
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Senate agrees to amendments to payment times bill The amendments will see the regulator publish a list of fast small business payers as part of changes to the payment times reporting scheme. ...
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ATO portal’s 24-hour malfunction vexes tax agents The disruption to online services used by practitioners on Monday coincided with reports of taxpayers waiting hours to lodge individual returns. ...
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ATO issues reminder on trust administration revamp Changes that came into effect on 1 July aim to improve reporting and data accuracy and ease compliance. ...
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HLB Mann Judd, Pitcher Partners bolster partner ranks The mid-tier firms have both made six appointments across their east coast advisory, audit, tax and finance practices. ...
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125% foreign student visa fee hike to worsen accountant shortage The move to ramp fees up has been labelled as “outrageous” and akin to Australia “shooting itself in the foot”. ...
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PwC names 22 partners in first intake since tax scandal The firm has made its first appointments since 2023 to help deliver on its governance and accountability commitments. ...
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