Regulation

ATO sets its sights on 22k taxpayers with high-value debts

The ATO is moving rapidly to deploy its full powers against a group of taxpayers who refuse to engage with it and...

03 March 2025 • By Miranda Brownlee

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Tax

Tax debt avoidance a recipe for disaster, warns credit expert

Businesses are being urged to be proactive in getting ahead of any tax debt they may have to ensure they don’t “fall...

28 February 2025 • By Imogen Wilson

Regulation

Legislative change ‘crucial’ to simplifying reporting for smaller NFPs

The joint accounting bodies have called for “crucial amendments” to define which smaller not-for-profits can apply a...

28 February 2025 • By Imogen Wilson

Business

Qld SME owners urged to ‘speak up’ on government red tape reduction

Queensland's SMEs have been invited to contribute to the Crisafulli government’s red tape reduction scheme with the...

28 February 2025 • By Imogen Wilson

Regulation

Tribunal varies TPB decision to ban tax agent

A tax agent will be suspended rather than terminated after the Administrative Review Tribunal determined her...

27 February 2025 • By Miranda Brownlee

Business

Happy, cohesive business cultures lead to high performance, says expert

Business leaders should endeavour to foster a healthy, cohesive work environment to achieve high performance among...

27 February 2025 • By Imogen Wilson

Business

Cash flow, late payment struggles set to persist for SMEs, says Moneytech

Cash flow and business sustainability for small businesses are under substantial pressure as payment delays persist,...

27 February 2025 • By Imogen Wilson

Business

ATO outlines focus areas for SMSF auditor compliance in 2025

The ATO has issued guidance on what it will focus on regarding auditor compliance for 2025.

27 February 2025 • By Keeli Cambourne

Tax

ATO to push non-compliant businesses to monthly GST reporting

Small businesses with a history of not complying with their obligations may be moved to monthly GST reporting from the...

26 February 2025 • By Miranda Brownlee

Tax

Tax Office puts contractors on notice over misreporting of income

The ATO's data matching programs have identified contractors that are incorrectly reporting or omitting contractor...

26 February 2025 • By Miranda Brownlee

Business

5-day office mandate picking up steam in employers, Robert Half reveals

A shift among Australian employers is emerging, with more beginning to mandate five days in the office as they follow...

26 February 2025 • By Imogen Wilson

Technology

ANAO releases audit report into ATO's arrangements for AI

The Australian National Audit Office has found the ATO's governance arrangements for supporting the adoption of AI to...

26 February 2025 • By Imogen Wilson

Tax

Practitioners left in ‘uncertain position’ as TR 2010/3 unravels

Accountants may need to lodge objections for some clients following the Bendel decision but must first wait for...

25 February 2025 • By Miranda Brownlee

Business

Submissions open for Australian Accounting Awards 2025

Nominations and submissions are now open for this year’s Australian Accounting Awards.

25 February 2025 • By Imogen Wilson

Regulation

Wholesale investor rules of great concern for SMSF sector

The SMSF Association has said there is an urgent need for the government to prioritise legislative amendments to...

25 February 2025 • By Keeli Cambourne

Technology

AI adoption key to unlocking long-term business profitability, survey reveals

Increasing adoption of artificial intelligence could lead to a significant uptick in business innovation and...

25 February 2025 • By Imogen Wilson

Super

Aussie super system set to climb global ranks over next decade: SMC

Australian retirement savings are on track to becoming the second largest in the world, rising from fourth by 2031.

25 February 2025 • By Imogen Wilson

Regulation

Oversight body must ‘stand the test of time’, says CPA Australia

The new oversight body must have a sound legislative basis and incorporate current provisions and a governance...

24 February 2025 • By Imogen Wilson