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.
A $58k wedding, $20k for ‘raising twins’, beer and a Lego set among ‘weirdest’ claims ATO rejected
Assistant commissioner Karen Foat said a recent review of claims had found, and disallowed, the bulk of the "very unusual expenses" claimed. Read...
ATO releases decision impact statement on early access to super case
In March this year, the Administrative Appeals Tribunal handed down its decision in the case Wainwright and Commissioner of Taxation (Taxation)...
Crackdown on Facebook, Google looms as ACCC hands down its final report
Treasurer Josh Frydenberg said he accepted the ACCC's overarching finding that there is a need for reform, but that the Federal Government would...
CGT laws help government collect over $1bn
The government’s foreign resident capital gains tax (CGT) withholding laws have raised more than $1 billion since their introduction on 1 July...
IPA questions the impact of the Section 51(3) repeal on small business
The Institute of Public Accountants (IPA) has expressed some concerns about the upcoming repeal of Section 51(3) of the Competition and Consumer...
Beware of fraudsters posing as tax agents: ATO
The Tax Office is advising taxpayers to check that their tax agent is registered with the Tax Practitioners Board (TPB) before entrusting them...
ATO issues tips to avoid common SBSCH errors
The Tax Office has issued tips to avoid common SBSCH errors by agents and their clients. According to the ATO the most commonly seen errors...
Prison time still on the table as anti-phoenix laws re-emerge
The "combating illegal phoenixing" legislation is set to be debated in the House of Representatives again this week after lapsing in the last...
Financial impact ‘catastrophic’, say businesses seeking compensation for ATO outages
Ms O'Brien runs a small accounting firm in Frankston, Melbourne, called TJS Accounting, and is one of a number of accountants who want the ATO to...
Law Council of Australia calls for complete independence of TPB from ATO
In its submission to the review of TPB, the Law Council of Australia reiterated that the system can only work effectively if the TPB is...


















