News

Pitcher Partners has been accused of breaching its contractual obligations during the six years it provided tax services to a national law firm.
Jim Chalmers has hit out at the opposition’s proposed $20,000 tax deduction for meal and entertainment expenses, labelling it a waste of taxpayer money.
Small business restructuring appointments tripled in the first half of the 2025 financial year, dominated by the hospitality and construction sectors.
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, ...
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.
Practitioners are urged to be careful when it comes to complying with rules governing the payment of a dividend by journal entry to make a minimum yearly repayment on a complying Division 7A loan.
Although EOFY has passed, confusion around tax time often carries on well into the new financial year for small businesses and workers.
Professional bodies say they’ve been left with no option, but to cease the program following a sharp decline in participants and barriers towards modernising the program.
A Victorian man has been sentenced to 4 years and 7 months imprisonment after he fraudulently obtained $2.4 million in GST refunds.
The possibility of an ACCC investigation of the big four has emerged during an inquiry into the sector due to concerns their behaviour in the audit market resembles an “oligopoly”.
Damien Luscombe pled guilty to making fraudulent transactions from client accounts at the Victorian County Court last week.
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.