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ATO furthers fraudster crackdown with expanded data
The Tax Office will double down on its data-matching capabilities to protect taxpayers as reports of fraud have significantly surged.
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Rate cut welcome, yet ‘flailing productivity’ needs more, business advocates say
Professional and business bodies have welcomed the Reserve Bank’s “unsurprising” decision to cut the interest rate by 25 basis points.
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ARTA pauses income tax fraud case to await criminal GST fraud trial
The Administrative Review Tribunal has suspended proceedings on a case of alleged income tax fraud as the applicant awaits a separate criminal trial for alleged GST fraud...
Ex-PwC partner gets registration terminated for $11m tax shortfall
Former PwC partner Richard Gregg has had his tax agent registration terminated by the Tax Practitioners Board for breaching the Code of Professional Conduct.
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‘Time for reform?’: Accountant proposes change to tax advice regulation
Australia’s “increasingly difficult to justify” two-tier tax advice regulation system should be considered for reinvention, a tax practitioner has proposed.
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RBA reveals August 2025 cash rate call
Following last month’s shock hold, find out, in this special announcement brought to you by Accounting Home Loans, if the Reserve Bank of Australia has decided to raise...
Use of accountants skyrockets once business revenue hits $100k
Once annual revenue reaches $100,000, businesses are much more likely to engage with external accountants, new research has shown.
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APAC mid-market M&A deals see uplift, data shows
Merger and acquisition volumes in the middle market across the Asia-Pacific region have seen a slight uptick of 3.9 per cent in FY25, according to research from a charter...
‘Bold’ net cash flow tax idea could increase tax complexity, BDO says
Tax practitioners have welcomed the Productivity Commission’s “bold” net cash flow tax idea but warned against introducing more complexity into the Australian tax s...
AI, automation, and accuracy
Here’s what Intuit QuickBooks’ latest updates mean for Australian accountants and businesses, writes Amanda Newton.
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KPMG responds to ‘large scale tax fraud’ conducted by former employee
Last week, an AFP and ATO raid unearthed that a former KPMG manager had allegedly “orchestrated a large scale tax fraud”, raking in $1 million in fraudulent tax refun...
‘Window of opportunity’: ATO makes change to tax debts on hold
The Tax Office is starting to include tax debts on hold in taxpayers’ account balances from this month.
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Fraud, tax debts, digitalisation top the ATO’s 2025–26 priority list
The ATO has released its corporate plan for the 2025–26 financial year, outlining its five top priorities for the financial year ahead.
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‘Increasingly sophisticated’ tax-time scams require proactivity from accountants
Tax season, one CTO says, is a key moment to prove to clients that “you're not just reactive, but proactive”, when it comes to countering tax-time scams.
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Tax practitioners urged to protect Australians from financial abuse in tax system
The tax community is working together to address the financial abuse of vulnerable Australians in the tax system to avoid devastating impacts.
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Alleged tax fraudster faces charges following search warrant: ATO
The Tax Office has conducted a search warrant at a Sydney residence of a former consultancy firm employee who is alleged to have orchestrated a large-scale tax fraud.
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Accountants face AML staffing squeeze
Accounting firms must move quickly on hiring for AML compliance ahead of the July 2026 deadline, one expert has said.
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Accountant’s unfair dismissal appeal upheld after clash with TPB-terminated colleague
An accountant claimed she was unfairly dismissed following a clash with a colleague who allegedly schemed to continue working after his registered tax agent status was te...
AI regulation must come with SME support, says CPA Australia
As the Productivity Commission continues to release interim reports, CPA Australia has said SMEs need support in the evolving AI implementation space.
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NSW joins crackdown on illicit tobacco to protect SME community
As the ATO continues its battle against illicit tobacco, the NSW government is introducing tough new laws to parliament to help crack down on illegal sales and possession...
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