Nov 8, 2024 · It has also called for multi-disciplinary large accounting firms to be prohibited from supplying both audit and non-audit/consultancy services to the same client and their …

Dec 3, 2024 · Taxpayers and their agents are being warned against relying on ATO Community for answers to their tax questions, with one expert calling the platform's lack of moderation …

As 2024 comes to a close, I thought it would be useful to reflect on key developments in Australia’s tax landscape. This article is particularly focused on the changes that I consider …

Back in 2021 and early 2022, Alabakov says no one predicted that interest rates would rise as quickly as they did from their historic lows. “A lot of people maxed out their borrowing capacity, …

Dec 26, 2024 · Elections can be made retrospectively to apply with effect from a prior year. Family group definition. The family group includes the test individual, their spouse, children, various …

“The best thing that should be done is to increase the definition of small business in the Fair Work Act from 15 to 25 employees, we think that would have a very significant impact in helping to …

Jan 17, 2025 · News and intelligence for Australian Accountants, focusing specifically on issues and industry developments of significance to the accounting profession

Small business owners need to place their trust in technology to help relieve the pressures from the current economic climate, according to Intuit QuickBooks research.

However, NFPs will need to determine if they need to make an adjustment to be ready to lodge, she explained. "NFPs who need to update their authorised contacts can use the downloadable …

Mar 8, 2024 · Direct digital receipting is where the supplier receipt details are sent directly from the supplier to the accounting system. If you find yourself paying for coffee with your Weel …