By Naomi Neilson
Winding up bid wins over appeals for accountant’s ill healthMedicheckr has been wound up despite submissions that its taxation faults were due to the accountant’s health issues.
Tags: News, Health, insolvency, Federal Court, taxpayer, appeal, winding up, federal court of australia
PROFESSION • Malavika Santhebennur
The 30 Under 30 Awards, produced by Accounting Times’ sister brand, Accountants Daily, is coming in early 2027 and is now accepting submissions and nominations from the stellar young accounting professionals of Australia.
Tags: News, Events, Momentum Media, Awards, war, accounting, 223, 460, 586, 30 Under 30 Awards, 2027
PROFESSION • Naomi Neilson
A hard age cap for what constitutes an IBCC company risks removing the CGT concession just when a long-cycle company may need later-stage capital the most, according to Research Australia.
Tags: News, CGT, Business, treasury, consultation, innovative business
PROFESSION • Malavika Santhebennur
Restricting access to the refundable offset to the first 10 years of an entity carrying on an enterprise does not account for the time some companies take to reach profitability, one industry body has argued.
PROFESSION • Carlos Tse
New research has found that some of Australia’s largest companies only addressed less than 40 per cent of a modern slavery disclosure framework based on international standards.
Tags: News, disclosure, 697, modern slavery, large companies, monash university
PROFESSION • Carlos Tse
The mid-tier firm has confirmed that it will make a “small number” of executive assistant layoffs, while establishing a partnership with a Philippine labour vendor to potentially offshore some of these roles.
PROFESSION • Malavika Santhebennur
The mid-tier accounting firm has confirmed that it made a handful of redundancies in May in its clients and markets team but stressed that the roles did not move offshore.
Tags: News, BDO, Australia, lay offs, redundancy
PROFESSION • Carlos Tse
Three entities have lost their bid against their liquidator after the latter proved they were too intertwined to not be considered a pooled group for the purposes of winding up.
Tags: News, ato, fte, liquidator, 178, 523, winding up, 578, pooled group
PROFESSION • Carlos Tse
Executive assistants in the Australian firm are being expected to spend three-fifths of their working week in the office, as PwC Australia says it will be good for collaboration and connection.
PROFESSION • Malavika Santhebennur
In an update on its action plan first released in June, the beleaguered accounting firm has committed to bolstering financial consequences for serious misconduct.
Tags: News, partner, governance, KPMG, Big Four, independent, auditing, whistleblower, audit, big 4, misconduct, ethics
PROFESSION • Carlos Tse
The accounting body has asked the ATO to provide greater detail in its draft ruling on its work-related expenses standard deduction, which is projected to impact nearly half of all taxpayers.
Tags: News, ntaa, 527, standard deduction, wre