Accountants have urged Treasury to increase the eligibility threshold for all four of its small business CGT concessions to $10 million to remedy the added complexity and compliance burden of threshold variation.
Carlos Tse | 1 minute read
Accountants have urged Treasury to increase the eligibility threshold for all four of its small business CGT concessions to $10 million to remedy the added complexity and compliance burden of threshold variation.
For many parents, childcare is not a holiday expense fitted around work; it is the arrangement that makes work possible. A tax system built around economic reality should recognise it, writes Annalinde Nickisch.
One tax expert has said it is crucial to prepare for the impending CGT changes taking effect on 1 July 2027, as investors who panic sell will risk incurring tax.
The Tax Office has announced it will launch pilot programs in the 2026–27 year to expand its dynamic PAYG instalment initiative.
Reduced errors and lower dispersion in tax rate forecasts were found among firms that exhibit greater tax number transparency, new research has shown, recommending increased disclosure to improve the tax information ...
A former director has been convicted in the District Court of WA after she was found to have moved nearly $800,000 between an insolvent company and a newly created company, and to have continued to lead companies despite an ...
Some experts are calling foreign investor CGT changes a net negative for the nation’s renewable energy transformation, despite retrospectivity being welcomed.
While the government’s removal of the retrospective element of foreign resident CGT has been broadly welcomed, a tax lawyer has noted that it does not soften the blow for foreign investors.
KPMG’s announcement of a new chair was upstaged by the release of an email chain that shed light on his views on the whistleblower’s allegations of serious misconduct.
What began as an internal disclosure within KPMG, alleging that confidential client documents were being misused has become something considerably larger, writes Nicole Wearne.