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.
Accountants urged to ‘look after themselves’
As businesses grapple with the economic impact of the coronavirus and many turn to their accountants for advice, ChangeGPS and Change Accountants...
Queensland director jailed for GST fraud
In addition to the sentence, Justine Ibbetson was ordered by the Maroochydore District Court to pay back the sum of $200,553 to the Australian...
ATO unveils new communications preferences function
As part of the ATO’s recent quarterly update, agents will now have access to the new communications preferences function in Online services for...
Franking credits, CGT reforms set to feature this decade
Speaking at the Tax Institute’s annual Tax Summit, senior tax counsel Professor Robert Deutsch noted that while Australia was unlikely to see...
ATO rolls out support measures to assist those affected by COVID-19
Commissioner of Taxation Chris Jordan is encouraging businesses impacted by the coronavirus to get in touch with the ATO to discuss relief...
‘High’ chance of franking credit reform this decade
In his address to the Tax Summit in Sydney yesterday, Tax Institute senior tax counsel Bob Deutsch predicted the likelihood of reform on a range...
BAS agents given free pass on SG amnesty services
The TPB are currently reviewing the Tax Agent Services (Specified BAS Services) Instrument 2016, which declares certain services as BAS services....
Government announces $17.6bn plan to battle coronavirus
The targeted stimulus package is focused on keeping Australians in jobs and helping small and medium-sized businesses to stay in business, the...
FWO audits recover $1.3m for underpaid workers
The FWO initiated the audit in 2018, after data consistently showed many businesses were failing the ‘basics’ of workplace law compliance,...
New myGovID functions slated for weekend update
The much awaited changes will give those who have struggled to setup their myGovID because of naming mismatches the ability to link a change in...
