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News
SME digital platform disputes up 86%: ASBFEO
The ombudsman has called for big tech platforms to provide more efficient support for SMEs following a significant surge in disputes.
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Cost-of-living pressures spark side hustle motivation: SBLA
Over half of Australians are considering starting a small business or side hustle in the next five years to bolster their income, a new report has revealed.
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Finalists unveiled for Rising Stars Awards 2024
More than 90 finalists have been selected for the brand-new Rising Stars Awards.
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CA ANZ submission raises concerns with proposed AI guardrails
The professional body says the lack of clarity surrounding the definitions of ‘deployer’ and ‘end user' could have implications for accountants.
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Aussies tired of ‘dodgy tax criminals’, warns ATO
The Tax Office has revealed that 250,000 tip-offs have been received about tax avoidance and dishonest behaviours since July 2019.
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CA ANZ pushes for director, president pay rises
The body has asked members to approve a $50,000 increase to the fee pool at its AGM after a failed attempt in 2022.
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Regulation of clearing houses missing in payday super design, warns BDO
The proposed design of payday super will see businesses hit with super guarantee charges due to factors entirely outside their control, BDO has cautioned.
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Lawyer-turned-insolvency accountant joins Jirsch Sutherland
New senior manager Luka Pilipovic has said his dual qualifications are “ideal” for tackling complex insolvency issues.
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Phoenix Taskforce claws back $99m in FY24
The ATO-led taskforce has recovered $2.45 billion from illegal tax evasion schemes since 2014.
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Unrealised capital gains are already taxed in Australia, claims minister
Assistant Treasurer Stephen Jones has claimed it is “simply not true” that unrealised capital gains are not taxed anywhere else in the world.
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SMSFA urges Senate to reject super tax legislation
The SMSF Association is urging the Senate to reject legislation that will inflict a higher tax rate on the earnings of superannuation balances exceeding $3 million afte...
Money laundering bill to ‘burden’ accountants with additional costs, warns Coalition
The Member for Bradfield has raised concerns about the billions of dollars in costs the bill will impose on accounting firms and other professions.
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Auditor playbook offers guidance on AI and digital transformation
A new auditor playbook has been launched to help audit professionals adapt to the rapidly advancing technological landscape.
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ASBFEO issues copyright law warning for small businesses
The ombudsman has warned Australian SMEs of US copyright laws that can impact their access to customers when selling online.
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Accountants ‘disappointed’ by withdrawal of disallowance motion
Tax and BAS agents have expressed dissatisfaction with the final outcome of the determination and are disappointed the disallowance motion will no longer proceed.
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COSBOA pushes for targeted SME policies ahead of election
The current state and vital role of Australian SMEs has been explored in the newly launched report by the Council of Small Business Organisations Australia and Commonwea...
Class adds direct registry connections to boost efficiency
The accounting software provider has announced the launch of two new enhancements to its platform – direct registry connections and directly sourced document feeds.
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Accountants set to have ‘more choice’ with new platform, AFX
A new asset finance marketplace, Asset Finance Exchange, has been launched to connect accountants and asset finance specialists.
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Government floats further regulatory changes in tax avoidance crackdown
The Assistant Treasurer has released a consultation paper exploring how any shortcomings with tax promoter penalty laws can be addressed to mitigate unethical tax avoidan...
Government announces further SME cyber support
The Albanese government has announced a successful provider for a new small business cyber resilience service valued at $11.1 million.
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