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.
Changes to director GST liability tabled
The bill, which lapsed with the calling of the federal election earlier this year, has been reintroduced by the federal government and will be...
ASIC fires warning as it disqualifies, imposes conditions on a number of auditors
The SMSF auditor disqualifications and conditions come from a wide array of issues including failing to meet requirements including auditor...
Early lodgement spike sparks tax assessment fears
Accountants Daily understands the ATO has now received 2.4 million lodgements this tax time, around 24 per cent up over last year’s figures at...
Tax Office releases ‘welcome guidance’ on death benefit income streams
In an online update, the ATO has provided clarification on the interaction between compulsory cashing requirements when a member dies and the...
Incorrect work-related expense claims cost billions, ATO warns
The Australian Taxation Office (ATO) has revealed some of the most common mistakes people make at tax time. Assistant Commissioner Karen Foat...
Female entrepreneurship: How does Australia fare?
Since 2010, Dell Technologies has been undertaking its Women Entrepreneur (WE) Citiesresearch, which ranks 50 business hubs globally based on the...
AASB proposes amendments to AAS to increase transparency to users of publicly lodged SPFS
The Australian Accounting Standards Board has issued an exposure draft proposing to require entities lodging special purpose financial statements...
TPB pulls the plug on 72-hour complaint resolution trial
In April, the TPB announced the launch of a 72-hour complaint resolution process that would have seen the TPB assess complaints from a client of...
Complaints to AFCA soar as consumers and small business take aim at banks
The Australian Financial Complaints Authority (AFCA) has received over 35,000 complaints in its first six months of operation, over 35 per cent...
ATO detects 1,445 instances of potential SMSF SAN misuse
The Tax Office has warned self-managed super fund (SMSF) auditors it takes a proactive approach to SMSF auditor number (SAN) misuse. In May, the...
