PROFESSION • Malavika Santhebennur

The minimum tax on discretionary trusts bill has continued to ruffle feathers among tax professionals around the lack of consultation and technical issues.

PROFESSION • Malavika Santhebennur

The top performers in corporate accounting have been named as winners in the second annual Corporate Accountant Awards.

PROFESSION • Malavika Santhebennur

Despite rating it as the new AML/CTF obligation they dread the most, a fifth of accounting and other businesses have not done their mandatory risk assessment, according to a survey.

PROFESSION • Malavika Santhebennur

CreditorWatch has warned that businesses could face a heightened level of insolvency risk as mounting cash flow pressures see a deterioration in payment behaviour.

PROFESSION • Carlos Tse

Twenty-one Visy and Pratt companies have received infringement notices, each worth nearly $200,000, after the Australian Securities and Investments Commission found that they failed to lodge their FY2024–25 financial reports.

PROFESSION • Malavika Santhebennur

While noting that boosting GST has become a “political no-go zone”, the Grattan Institute has pushed to raise and expand it to include all food, even as cost-of-living pressures mount.

PROFESSION • Naomi Neilson

Medicheckr has been wound up despite submissions that its taxation faults were due to the accountant’s health issues.

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.

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.

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.