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.
Victorian accountants sweat on stage 4 lockdown announcement
Stage four restrictions have now been imposed across Metropolitan Melbourne, with regional Victoria set to return to stage three restrictions...
Federal Court rules against Brisbane-based bogus tax agent
The Federal Court ruled that Kent Scott Hacker contravened the Tax Agent Services Act (TASA) by providing tax agent services and BAS services...
Early access superannuation scheme estimated to hit $42 billion in coronavirus support
Treasury had initially estimated $29.5 billion would be accessed but it's radically revised that forecast up to $42 billion to reflect the...
Accounting bodies to weigh in heavily on JobKeeper 2.0 design
A joint submission from members of the National Tax Liaison Group is expected to be presented to the Treasury shortly, with the professional...
ASIC releases final updated guidance on complaints handling
ASIC has released Regulatory Guide 271 Internal dispute resolution (RG 271) after extensive consultation with consumer and industry...
‘Breach of transparency’: ATO called to disclose lodgement statistics
Accountants Daily has confirmed that the ATO will no longer provide lodgement statistics, including the breakdown split between tax...
ATO makes draft ruling R&D tax deductions under JobKeeper
In a new draft determination, Tax Commissioner Chris Jordan said businesses that receive a JobKeeper payment for their paid employees trigger the...
NSW slashes stamp duty to encourage construction
Aside from spurring new home construction, Premier Gladys Berejiklian said the boost is expected to create jobs as part of the state’s COVID-19...
Government hints at tax cuts despite plunging tax revenue
The coronavirus pandemic has now led to a steep decline in personal income tax, company tax and GST receipts, with the Treasury revising tax...
Excess TBC issues surfacing with reduced pension account values
In a recent discussion with Smarter SMSF, ATO assistant commissioner, SMSF segment, Steve Keating said the ATO is worried that some trustees...
