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 moves to decommission spreadsheet TBAR form
From 31 October 2019, the ATO will stop processing spreadsheet versions of the transfer balance account report (TBAR). Read more at Accountants...
Your tax debt could destroy your credit worthiness: lobbies hit back at proposed law
The Federal Government wants to allow the ATO to disclose small business tax debts to credit reporting agencies, but its proposal has faced...
ASIC to review transition to grandfathering ban
The review will cover the steps taken by industry participants from 1 July 2019 until the 2021 deadline, ASIC said in a statement. Read more at...
ATO to curb late SG payments with proactive ‘nudging’
The Tax Office is seeing an unprecedented level of visibility of super information as a result of the recent implementation of single touch...
ATO heading to Victoria and NSW in bid to curb black economy
Officers from the Australian Taxation Office (ATO) will be visiting around 500 small businesses in and around the Hornsby area in September, and...
Tax Office targets slice of banking scandal compensation payments
As the estimates for compensation owed to consumers from the nation's biggest financial institutions stretches beyond $6 billion, advice from the...
Massive $125,000 fine in employment law ‘test case’
In June this year, law firm Macpherson Kelley said the Fair Work Ombudsman prosecution against A&K Property Services, which operates several...
‘Give us more training’, say payroll managers
“It is concerning to learn that payroll professionals feel significantly underqualified and undertrained for their roles,” said Tracy Angwin,...
New pilot initiative helps regional businesses hire skilled women
The government has launched the Career Revive program, run by KPMG, to help up to 30 medium to large regional companies find better ways to...
ATO heads north as part of its work to tackle the black economy
The Australian Taxation Office (ATO) has announced it is planning to visit around 400 small businesses in Cooktown and Port Douglas in far north...
