TAX • By Naomi Neilson

Uber’s rideshare model does not shield it from payroll tax, court finds

Uber has lost its bid to dodge an $81 million tax bill for the payments it made to drivers, with the High Court rejecting its argument that it was merely a “limited payment collection agent”.

Companies hit with $4m fines for alleged financial report lodgement failures

ASIC has issued more than $4.3 million in infringement notices to 22 companies for alleged failure to lodge financial reports on time for FY25.

PROFESSION • By Malavika Santhebennur

Moore Global appoints new chairman

The global accounting network has promoted the chairman of its Australian operations to lead the network’s board, as the previous chairman completes seven years in the role.

PROFESSION • By Carlos Tse

6 largest audit firms told to self-assess after breaches of auditor independence found

The corporate regulator has asked the six largest audit firms to develop action plans to address findings of potential breaches of auditor independence requirements.

PROFESSION • By Malavika Santhebennur

Major Victorian energy supplier fails $1.4m adjustment claim against nearly $20m in penalties

Accruing $16 million in payable guaranteed service level payments to customers, a major Victorian energy supplier failed in its appeal against the Commissioner of Taxation’s GST assessment, after the Federal Court ruled that it was involved in direct supply of services.

PROFESSION • By Carlos Tse

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