News

SMSF trustees may start “shopping around” to get the best market valuation for assets with Division 296 tax on the horizon, according to a superannuation specialist.
Recent research we have conducted with accountants and bookkeepers dove into why so many businesses are ending up in failure, and whether they are truly “trusted advisers” to their clients. Spoiler ...
Accounting software giant draws storm of criticism after jacking up plan fees for the second time in a year.
The ATO’s guidance on the recent law changes to GIC has fallen short in effectively equipping tax practitioners with the necessary knowledge, according to the professional body.
New exclusive research has shown that, for accounting tech, the discovery process is driven mostly by seeking peer input and attending events over direct vendor contact.
On this week’s episode of UTH, Ankit Sharma, partner at Pitcher Partners, jumps on to talk about the tax and practical implications associated with becoming a partner in a professional services firm.
The Tax Ombudsman is calling on the Tax Office to improve the clarity and tone of the letters it sends to taxpayers.
The Reserve Bank of Australia (RBA) has unveiled a bold proposal to ban surcharging on eftpos and card payments, lower interchange fee caps, and mandate fee transparency across the board. While this ...
The ATO has launched a crackdown on the tax affairs of millions of landlords, targeting those who falsely claim rental deductions and minimise their capital gains liability by inflating costs.
The ATO has released a statement claiming its systems are secure, resilient and have not been compromised, contrary to recent hacking reports in the media.
As GST remains front of mind for the profession, the Tax Office is turning its attention to cracking down on GST fraud in property and construction.
The TBP has provided individual and company tax and BAS agents tips to make its registration renewal process stress-free. An initial reminder from the TPB alerts agents that they must renew their ...