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 fires warning ahead of tax time
The first case involves 56-year-old Peter Garven, who was sentenced in the Sydney District Court to three years and three months’ jail time for...
TPRS to commence in IT, road freight, security and investigative services on 1 July
The TPRS will be extended to some 53,000 businesses in the IT, road freight, security and investigative services industry from 1 July. The TPRS...
Terminated tax agent rejected by AAT
In December 2018, the TPB found that former tax agent Vanda Gould ceased to meet the fit and proper person requirements in the law, following on...
Granular data for deductions mandatory from 1 July
Although most agents are already supplying this level of detail, granular data for deductions will be required across the board from 1...
IPA welcomes review into retirement income sector
Treasurer Josh Frydenberg has announced that he will commission a review into the retirement income system, which will include the interfaces of...
Practitioners cautioned ahead of ATO’s CGT focus
Speaking to Accountants Daily, HWL Ebsworth Lawyers senior associate Vincent Liccardi said the ATO’s increased focus on CGT stems from its...
Accountants turn to in-house advisers to better serve SMSF trustees
As the number of SMSFs continues to grow steadily, approaching 600,000 in the first quarter of 2019, accounting practices are employing in-house...
PwC, KPMG reveal ASIC’s audit findings
Earlier this year, the corporate regulator found that one in five audits conducted by the six largest firms did not receive reasonable assurance...
Addressing the ATO’s debt collection powers
The ATO’s use of tax debt recovery action has been thrust into the spotlight in recent times, with its use of garnishee notices questioned...
Government needs to broaden the base and lift the rate of GST, says IPA CEO
“When you look at the rising costs of the Australian population versus the forecast growth in government revenues, Australia simply can’t afford...




















