Login
iscover
News
Experts sound alarm over ‘flawed’ ATO royalty ruling
A controversial draft ruling on software royalties meddles with 30 years of precedent and should be left for the government to decide, they say.
...
Small businesses may ‘collapse under strain of payday super’, IPA warns
Existing issues within the SG system must be rectified before the government proceeds with the new changes, the IPA says.
...
ASIC takes action against 9 SMSF auditors
The regulator disqualifies five, cancels two and imposes conditions on two more in a crackdown on standards.
...
Economists confident of rate cuts despite hawkish RBA
The central bank refuses to rule out hikes to combat inflation, but commentators believe all indicators point to relief as early as mid-year.
...
1 in 4 finance execs lack confidence in company data
Too much manual processing leaves businesses without the ability to monitor cash flow and vulnerable to external threats, survey finds.
...
Moore snags audit director from Deloitte
The firm is eyeing ex-big four accountants to support the division’s “remarkable” growth trajectory, according to CEO Steven Sakkas.
...
RBA leaves rates unchanged at 4.35%
The bank extends its pause on monetary tightening for another month but refuses to rule out a further hike to stamp out stubborn inflation.
...
Unlicensed director faces 9 charges for steering SMSFs into own company
The Queensland man encouraged investors to set up an SMSF then channel funds into crypto assets in his business.
...
Conflict ‘inherent’ for firms with public, private clients: Scyne
The PwC spin-off tells a parliamentary committee its mission is “purpose over profit” compared to other big four firms, which have failed to divest their government w...
ATO to sool debt collector on 150,000 taxpayers
Recoveriescorp has been engaged by the Tax Office in its first use of a collection agency since the pandemic.
...
QuickBooks aims Online Advanced at mid-market
The AI-enhanced upgrade targets businesses with more than five employees that require additional functionality such as task automation.
...
Staff ready to help with client linking issues: ATO
The Tax Office defends the revised system after a chorus of complaints from agents and bookkeepers.
...
One-stop audit and advisory a risk to integrity, says tax lobby
Accounting firms should be prohibited from providing both advisory and audit services to the same entity, the government has been advised.
...
ATO closes $105m Plutus payroll case with final fraudster jailed
Sutherland man who pleaded guilty to dealing with the proceeds of crime gets four-and-a-half years.
...
ICB urges Canberra to intervene in client linking, ditch red tape
The bookkeeping body’s budget submission calls for regulatory relief in an “incredibly tough” operating environment.
...
AI vital in cyber security arms race, say IT leaders
The technology improves response time to threats and helps with cyber security awareness training, Commvault survey finds.
...
Businesses threaten: No more tax until client linking fix
The ATO must make client-agent linking simpler or face mounting tax debt and unfiled returns, the ICB says.
...
1 in 3 workers expect 4-day weeks by 2030, survey finds
Employees also want full flexibility and hybrid working models to become standard practice, according to HR firm ADP.
...
TASA dob-in provisions ‘devastating’ for agents, Tax Institute warns
The new breach reporting rules will create a challenging environment for tax agents and could see practitioners falsely accused of misconduct, the association cautions.
...
Lower-than-expected CPI ‘cements case for RBA rate hold’
Economists agree monetary tightening is over for now, but rate cuts will be delayed until it is certain stage 3 cuts have a negligible impact on consumer prices.
...
Page 41 of 158
