The bill as it currently stands imposes an additional 15 per cent tax on a proportion of earnings relating to super balances over $3 million from 1 July 2025 as well as disclosure requirements in the ...

The revised client-agent linking (CAL) system became mandatory for all ABN holders except sole traders in November in a bid to tighten fraud controls by making businesses responsible for linking their ...

For practitioners, compliance with these codes is crucial. Two new codes, namely Code 15 and Code 16, were implemented on 1 January 2024. Code 15 prohibits registered practitioners from employing or ...

Intuit QuickBooks has officially launched 'Education Month', a dynamic four-week program designed to uplift the accounting profession by offering various growth and learning opportunities. This ...

Speaking last Friday at the ACE25 Accounting Conference & Expo, hosted by Accountants Daily, Tax Institute chief executive Scott Treatt reminded practitioners that entering confidential client ...

The taxation ombudsman has started an investigation into identity theft and compromised tax accounts after repeated reports of fraudulent activity and concerns about how the ATO is handling them. The ...

How Hank’s personal experience has shaped the work he does at de Jonge Read. Why ATO payment plans aren’t always the best long-term solution. The role accountants play in de Jonge Read’s process. Why ...

When most people think about audit, it’s all about accounting and finance. But internal audit covers a very different range of subjects. As a general rule, external auditors look at the financial ...

The first half of 2025 has seen a continued rise in insolvency appointments. According to ASIC data, over 7,400 companies entered external administration by 31 December 2024, marking a 47 per cent ...

When selling a business or business asset, small business owners can contribute the sale proceeds, or a significant part of them, to their superannuation fund without breaching the super caps. It can ...

On this week’s episode, host Imogen dives into the trends and insights of the insolvency landscape with expert and partner at Wexted Advisors, Chris Sequeira. Australian businesses are being ...

As generative AI tools grow in popularity, the accounting industry is seeing a growing trend of taxpayers treating them as a definitive source of information for complex areas of tax law. According to ...