TAX • Carlos Tse
Treasury has predicted an unrelenting decline in income taxpayers, which will lead to a spike in the average tax rate.
Tags: News, tax, income tax, treasury, 179, income, 436, 418, 623, ageing population
TAX • Miranda Brownlee
The ruling clarifies when a payment under a software intermediation arrangement is subject to withholding tax because it is a royalty.
PROFESSION • Miranda Brownlee
The Australian Institute of Company Directors has said it supports reforms to improve the governance and accountability of audit firms but rejects the idea that audit quality in Australia is...
PROFESSION • Carlos Tse
While the professional body has welcomed the government’s guidance on climate‑related transition planning, it has called for more targeted resources for investors and further policy development...
TAX • Carlos Tse
CPA Australia has welcomed the ombudsman’s consultation on its review into the ATO’s use of director penalty notices and its draft workplan, and has stressed that its independent voice is crucial...
Tags: News, tax, CPA Australia, Australia, independent, financial abuse, dpn, review, tax ombudsman
PROFESSION • Miranda Brownlee & Malavika Santhebennur
The former chief operating officer has initiated legal proceedings in the Supreme Court of NSW against KPMG after being expelled from the firm last month.
TAX • Carlos Tse
One accounting body has urged the government to re-evaluate its approach to the consultation period for the second tranche of the CGT and negative gearing legislation to avoid significant correction...
Tags: News, CGT, costs, CPA Australia, Australia, negative gearing, treasury, consultation, tranche 2
TAX • Carlos Tse
Pitcher Partners has urged the government to lessen the compliance and complexity burden of its tax reforms for taxpayers, particularly privately controlled groups.
Tags: News, CGT, government, partner, negative gearing, reform, threshold, tranche 2
PROFESSION • Carlos Tse
The big four firm has reappointed Kevin Burrowes as chief executive for a second and final term, following his win by majority partner vote.
PROFESSION • Carlos Tse
In light of the 136 per cent increase year on year in DPNs issued by the ATO in 2024–25, and its findings in a 2025 review, the Tax Ombudsman has opened consultation for its review of the ATO’s...
PROFESSION • Carlos Tse
The second tranche of the CGT and negative gearing changes produces three avoidable outcomes, one investment management firm has said, making recommendations that can be made prior to 1 July 2027.