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Tax agents ‘waste hours in confusing client linking process’ The complex multi-step system that came into effect in November has confounded taxpayers, practitioners and even the ATO’s employees, agents say. ...
ATO urges small business owners: ‘Teach yourself tax’ The Tax Office launches a website offering more than 20 online courses covering the essentials of tax, super and management. ...
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Survey reveals early career accountants receive biggest pay rises Junior and intermediate chartered accountants are receiving the largest pay increases, a recent CA ANZ survey reveals. ...
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The Access Group buys Brisbane software outfit ChangeGPS The UK business software operation snaps up another local as part of its ambitious expansion plans in the region. ...
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Quarterly inflation drops to 2-year low ABS data shows slowdowns in quarterly and annual inflation, helped by Commonwealth rent assistance and falling meat and seafood prices. ...
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Economic growth to stay sluggish despite stage 3 cuts: Deloitte The firm’s latest quarterly outlook challenges the government’s more optimistic forecast for the next five years. ...
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2 in 3 SMEs benefit from instant asset write-off, survey reveals The uncapped version of the instant asset write-off scheme was extremely popular among SMEs with the average spend over $90,000, according to ScotPac. ...
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‘Mandate cash acceptance or risk disaster’ A lobby group wants the government to follow in the footsteps of countries like Ireland and France by forcing essential retailers to accept physical tender. ...
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RSM revenue surges 15% on middle market demand Latest financial results show the firm’s business is booming in Australia and globally. ...
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December retail turnover falls 2.7% in wake of Black Friday sales Consumers brought forward their holiday spending to take advantage of November discounts, ABS says. ...
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Government told to take action on declining ATO service standards CA ANZ has called for a review into ATO service standards and increased funding for regulators. ...
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PayPal undergoes AI-driven ‘revolution’ CEO Alex Chriss says the changes, including a faster checkout and personalised receipts and ads, will “shock the world”. ...
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Worker disconnect to ‘skyrocket’ with back-to-office mandates A survey finds that flexibility is key to happy teams and forcing people back to the office exacerbates disengagement. ...
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Industry bodies push for tax system shake-up A comprehensive review and overhaul of the system should be high on Labor’s agenda when developing the upcoming federal budget, submissions say. ...
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Consumers ‘taking back control’ of finances, Amex finds An American Express survey shows over 40% of respondents have set goals for the year to pay off debts and grow savings. ...
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Positive outlook for M&A in 2024, says HLB Mann Judd Merger and acquisition activity is expected to pick up this year but it is critical that vendors are well prepared, says HLB Mann Judd. ...
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New-look tax plan ‘objectively better’, experts say They say the reversal of stage three tax cuts to aid lower-income earners will have positive knock-on effects for business and the economy. ...
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ATO to pull plug on legacy website The Tax Office will transition fully to its modern interface at the end of the month after being in beta mode since November. ...
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Albanese lays out stage 3 tax cut pivot to ‘benefit all taxpayers’ The changes will affect all income groups but target relief for middle-income earners without fuelling inflation, the prime minister says. ...
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Government to unveil stage 3 tax cut overhaul The prime minister is expected to detail revised earnings brackets that deliver greater benefits to low and middle-income workers. ...
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