There is still hope that the Division 296 is not a “done deal”, the head of the SMSF Association has said.
ATO ‘hypervigilant’ with oversight of AI activities, Hirschhorn assures practitioners
Emma Partis | 09 May 2025
The Tax Office is becoming increasingly data-driven, but has implemented safeguards and procedures to prevent ...
Public executive accused of splashing out millions contracting friends: ICAC
Emma Partis | 08 May 2025
A former executive of School Infrastructure NSW (SINSW) has been accused of spending millions of taxpayer dollars on ...
Accounting shortage opens up ‘dream job’ opportunities for accountants
Emma Partis | 08 May 2025
The accountant shortage has given workers more bargaining power to secure better conditions, public accountant ...
News
The professional accounting body has joined forces with the Australian Computer Society to collaboratively support the careers of IT, accounting and finance professionals.
In a global economy, who gets to tax corporate profits? The ATO second commissioner dissects the challenges that come with taxing multinational corporations.
Half of Australians said they would change jobs if offered a higher salary as cost-of-living pressures continue to bite, a survey has found.
Payment fraud prevention company Eftsure has unveiled its new guarantee product that offers organisations $1 million in protection against payment losses arising from social engineering.
The Administrative Review Tribunal has ruled against the Tax Office in a $213.6 million transfer pricing dispute.
The recent tariff announcements and perceived impacts are contributing to an increased level of concern for global CEOs, a recent EY study has revealed.
The additional funding given to the ATO is likely to see an increase in regular assurance reviews and risk reviews, particularly for larger entities, a tax lawyer cautions.
The Full Federal Court decision demonstrates the full reach of Part IVA and has important implications for SME advisers, a tax specialist has cautioned.
Labor’s proposed $1,000 standard deduction looks set to proceed following the party's win in the federal election.
Australia is one of the best low-risk countries to invest in, securing seventh place in a global ranking of investment safety, a recent study has found.
Members of the professional accounting bodies are calling for reform to Division 7A as the Tax Office pushes its “interpretation of the law beyond the policy intent of the legislation”.