Regulation

Social media scams dominate losses in 2024, ACCC finds

Scammers exploiting online platforms fleeced Australians out of $58 million, topping all other fraud categories.

10 December 2024 • By Christine Chen

more from tag

Business

Wages top SME concern list as labour pressures rise

Rising labour expenses continue to cause stress for NSW small business owners, with wages overtaking energy costs as...

10 December 2024 • By Imogen Wilson

Tax

Section 109RB not a get out of jail free card: ATO

The Tax Office has urged agents to fix Division 7A mistakes swiftly instead of assuming they will be excused by the...

09 December 2024 • By Christine Chen

Appointments

A&M Tax continues Australian expansion with senior appointments

Professional services firm Alvarez & Marsal Tax has appointed three new managing directors to continue the firm's...

09 December 2024 • By Miranda Brownlee

Super

SMC endorses Parliament move to amend death beneficiary laws

The peak super body has strongly welcomed the parliamentary joint inquiry into stopping abusers from receiving their...

09 December 2024 • By Imogen Wilson

Business

Federal government rules out small business definition change for 2024

Crossbenchers support changing the definition of ‘small business’ but amendments are unlikely to occur before the...

09 December 2024 • By Imogen Wilson

Business

ATO slams wealthiest taxpayers’ lax record keeping

Governance and record-keeping gaps are driving tax errors among the Next 5,000 group, the Tax Office has said.

06 December 2024 • By Christine Chen

Regulation

GST fraudsters to face ‘full force of the law’: ATO

The Tax Office has the tools and resources to uncover even the most elaborate schemes, a deputy commissioner has warned.

06 December 2024 • By Christine Chen

Tax

Investors reminded on looming capital gains withholding changes

The Tax Office has reminded foreign investors and Australian residents to be aware of upcoming changes to the foreign...

06 December 2024 • By Imogen Wilson

Business

Businesses forced to pay more to retain and attract reliable employees

NSW businesses have had to boost pay and improve working conditions to continue attracting skilled workers.

06 December 2024 • By Imogen Wilson

Tax

GST a critical lever in tax reform approach: Allegra Spender

A review of GST must form part of any major tax reform approach by the government despite the potential political...

05 December 2024 • By Miranda Brownlee

Business

Migrant accountants, auditors added to visa fast-track list

CA ANZ has hailed the outcome as a “hard-fought” win for the industry as firms grapple with skills shortages.

05 December 2024 • By Christine Chen

Business

Iris Software snaps up Dext in multi-million-dollar deal

Iris Software has announced the acquisition of Dext to deliver complementary and fully integrated, end-to-end...

05 December 2024 • By Imogen Wilson

Super

Motion to split controversial super bill could work in sector’s favour

A motion to split the Treasury Laws Amendment (Better Targeted Superannuation Concessions and Other Measures) Bill...

05 December 2024 • By Keeli Cambourne

Tax

Vanuatuan matriarch’s $33m sent to brother not taxable, court rules

The ATO has failed to show a Vanuatuan supermarket chain owner's transfers to family members in Australia were...

04 December 2024 • By Christine Chen

Regulation

Tax agent cautioned over rogue employee’s $319k client refund theft

The TPB cited supervision failures and privacy breaches after an employee used the agent’s myGovID to misappropriate...

04 December 2024 • By Christine Chen

Technology

The Access Group launches software platform to boost data security

The Access Group has revealed its largest technology investment, Access Evo, is set to launch in early 2025.

04 December 2024 • By Imogen Wilson

Technology

MYOB launches new app to support sole operators

The tech company has announced the launch of its new app, Solo by MYOB, tailored for sole operators.

04 December 2024 • By Imogen Wilson