At the beginning of the new year, the Tax Practitioners Board (TPB) will welcome its new secretary, Andrew Orme, to work alongside the Board and Chair Peter de Cure in bolstering trust in the tax ...

Following its submission in October to the Board of Taxation (BoT), The Tax Institute (TTI) has strengthened its recommendations and ideas for reducing red tape within the Australian tax system. The ...

Being a “good” accountant can mean many different things for different people, with the main goal usually being focused on both client outcomes, team members and personal lifestyle. Speaking to ...

The Australian Competition and Consumer Commission (ACCC) has rebuked a credit bureau after it barred a superannuation house from sharing payroll and super data with other third parties. On Wednesday ...

A 43-year combined prison sentence was served to six people in Operation Bordelon which uncovered a tax and money laundering scandal worth up to $10 million. According to the Australian Federal Police ...

In an update last week, the ATO said while not-for-profits (NFPs) are now starting to lodge their self-review returns and update the details and governing documents, the ATO still wants to see this ...

From 1 June, tax agents will be able to apply for a statement of tax record (STR) from the ATO via a new online system, with the statement to be generally processed within four business days. The ...

The Full Federal Court has ruled in favour of taxpayer Steven Bendel in the Commissioner of Taxation v Bendel decision handed down today. The decision, which considered the definition of a loan for ...

If you check this box before you log in, you won’t have to log back into the website next time you return, even if you close your browser and come back later. The study said 42 per cent of a medical ...

Small business restructuring (SBR), introduced in January 2021, has morphed from a helpful mechanism for small businesses into a trap that business owners need to be wary of when tackling financial ...

Sheffield Insurance’s directors, Phillip Bird and Daniel Holmes, have been convicted of two offences and fined $15,000 for their role in the Perth-based insurance company not lodging financial ...

Earlier this year at the ATAX International Conference on Tax Administration, Kirsten Fish, second commissioner of taxation, shared why tax professionals must remain ahead of the curve while keeping ...