As more people endeavour to start their own small businesses, accounting professionals are urging business owners to establish effective succession plans and exit strategies.

Merger and acquisition volumes in the middle market across the Asia-Pacific region have seen a slight uptick of 3.9 per cent in FY25, according to research from a chartered accounting body.

For pre-CGT assets, obtaining a reliable valuation at the date of death is essential, as this forms the new cost base. Without it, the Australian Taxation Office (ATO) may apply its own assessment, ...

The Tax Office will double down on its data-matching capabilities to protect taxpayers as reports of fraud have significantly surged.

The High Court of Australia has ruled in favour of PepsiCo, dismissing six appeals brought forward by the Commissioner of Taxation. Here, senior tax lawyers unpack the decision and discuss the ...

Australia’s “increasingly difficult to justify” two-tier tax advice regulation system should be considered for reinvention, a tax practitioner has proposed.

Last week, an AFP and ATO raid unearthed that a former KPMG manager had allegedly “orchestrated a large scale tax fraud”, raking in $1 million in fraudulent tax refunds.

Following last month’s shock hold, find out, in this special announcement brought to you by Accounting Home Loans, if the Reserve Bank of Australia has decided to raise, hold, or cut interest rates at ...

Professional and business bodies have welcomed the Reserve Bank’s “unsurprising” decision to cut the interest rate by 25 basis points.

So, you’ve decided to buy a property. How exciting! Understanding the world of home loans may be confusing like what the difference is between a fixed and variable interest rate home loan.

Tax practitioners have welcomed the Productivity Commission’s “bold” net cash flow tax idea but warned against introducing more complexity into the Australian tax system.

A change to monthly GST reporting cycles for businesses that have fallen behind on obligations will remain in place for a minimum of 12 months, the ATO has said.