Recent data matching activities by the ATO has identified hundreds of SMSF auditors who may still be conducting in-house audits, the Tax Office has cautioned.
Industry groups urge major parties to rule out taxing unrealised gains
Keeli Cambourne | 22 April 2025
A coalition of industry groups are calling for both Labor and the opposition to “immediately and unequivocally rule out ...
Labor’s standard deduction may expose taxpayers to ‘future tax consequences’
Miranda Brownlee | 16 April 2025
The $1,000 instant deduction could see taxpayers miss out on critical conversations with their accountant, exposing ...
ART affirms TPB decision on registration of tax agent
Miranda Brownlee | 16 April 2025
The Administrative Review Tribunal has upheld a decision by the TPB to reject a former tax agent’s request for ...
Profession
The big four firm has called for the implementation of a national funding framework for R&D, alongside measures to improve collaboration within Australia’s R&D landscape.
Accounting firms are well-placed to help businesses navigate evolving tariff impacts, Grant Thornton has said.
The board has outlined the common code items reported so far and assured practitioners that no “frivolous or vexatious” reports have been received.
The superannuation body has urged the incoming government to reform superannuation tax policies to strengthen fairness, enhance universality and invest in national priorities.
The professional services firm has appointed Brad O’Donnell as partner to strengthen its transfer pricing service offering across Western Australia.
A Melbourne man has been sentenced to two years and 11 months behind bars after obtaining fraudulent GST refunds through a fake staircase and antique company.
The peak accounting body has strongly backed the Coalition’s “promises” around financial advice deregulation, though it noted it needs to hear more details.
Accountants have voiced their support for Labor’s $1,000 standard deduction following criticisms against the measure by accounting bodies.
Payday super legislation will be a “game changer” for all Australians but further amendments must be made to ensure effective implementation, professional bodies have said.
Recent judicial decisions surrounding the scope of the construction industry could have major ramifications for big-time employers.