TOPIC
The 2026 global economy: nervously muddling through
The world economy enters 2026 in a nervous state. Volatility and cautious consumers are the norm, even though growth has proven surprisingly resilient.
ATO to take ‘flexible’ approach on STP Phase 2
“This next phase will ease the reporting burden for employers who need to report information about their employees to multiple government...
Study finds e-invoicing could save SMEs over $40,000 a year
The report, The connected SMB: Embracing digital strategies to fuel growth, found that Australian small to medium sized businesses (SMBs) process...
Buy now, pay later will now attract surcharge fees
The statement was made after a review of retail payments regulation, in which the RBA had strong feedback from merchants that said the BNPL...
ATO wants feedback to improve future services and advice
Last week the ATO was criticised for its lack of transparency in relation to a variety of matters, and the department is now asking for the views...
Corporate tax gap climbs to $2.63bn
The tax gap, which is an estimate of the difference between the actual tax collected by the ATO and the amount that would have been collected if...
ATO cracks down on ‘high-risk’ behaviours
“Given the level of influence tax practitioners can have over their clients’ compliance with their tax and super obligations, the ATO has an...
Accountants hold the key to unlocking stimulus for small business
Increasing vaccination rates suggest there is light at the end of the tunnel, however until the restrictions are eased our small businesses are...
Pre-Christmas retail trade for 2021 predicted to remain steady year-on-year at $58bn
The Roy Morgan data also values (for the first time) the impact of the most recent lockdowns on retail trade at $131 million per day across the...
Rebate and tax initiatives for electric vehicle purchases
Drivers who have registered a new, eligible EV after 1 September 2021 can apply for a refund of the stamp duty and one of the 25,000 rebates...
Business credit demand bounces back in NSW
Global data, analytics, and technology company Equifax has released its Quarterly Business Credit Demand Index for September 2021, which has...
