News

The ATO’s increasing focus on Section 99B taxes on foreign trust distributions has sparked concerns across the tax industry.
Although EOFY has passed, confusion around tax time often carries on well into the new financial year for small businesses and workers.
Small business restructuring appointments tripled in the first half of the 2025 financial year, dominated by the hospitality and construction sectors.
A new report has made recommendations for how the Tax Office can respond to abuse in the tax system to better support victim-survivors.
Australians shouldered the biggest increase in income tax rates in the developed world last financial year due to bracket creep and the end of the LMITO, according to a report from the OECD.
Succession planning has recently been nominated by the ATO as a key area of focus on its website. This is driven by the significant wealth transfer occurring as businesses established in the 1960s, ...
IGTO report shows the ATO should have tried less burdensome anti-fraud measures before putting taxpayers and their agents through the process, the bodies say.
Without proper planning, construction businesses can find themselves frustrated by cash flow issues when tax time comes around, RSM has said.
The new pathway program provides students with a "non-traditional route into the profession" focused on hands-on learning and real-world applications, the Institute of Public Accountants (IPA) has ...
KPMG plans to cut 30 jobs as part of a restructure of its legal business that will see the big four firm’s commercial law practice close and its remaining legal services folded into other divisions.
Prime Minister Albanese has insisted negative gearing and capital gains tax are not on the government’s reform agenda amid heightened media speculation and political pressure. On Wednesday, The Sydney ...
These codes specifically address disqualified entities and their impact on tax agent services (including BAS services). But what exactly does it mean and what constitutes a disqualified entity? First ...