News

The Tax Office has convicted a further four GST fraudsters under Operation Protego, pushing the total number of convictions under this operation to 130.
I've been liquidating businesses for over 30 years, and I can tell you something that should terrify every accountant with construction clients: construction has always topped the failure charts, and ...
Former PwC partner Richard Gregg has had his tax agent registration terminated by the Tax Practitioners Board for breaching the Code of Professional Conduct.
As more people endeavour to start their own small businesses, accounting professionals are urging business owners to establish effective succession plans and exit strategies.
An Australian citizen has failed in his application to resolve a domestic tax dispute in an offshore court, facing arrest and a $23 million tax bill upon his return to Australia.
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 ATO has highlighted certain common errors that have tripped clients up when using the Small Business Superannuation Clearing House (SBSCH).
The Tax Office has pledged to commit to an improvement of its service operations for tax practitioners, a move that has been welcomed by the professional accounting body.
The Tax Office will double down on its data-matching capabilities to protect taxpayers as reports of fraud have significantly surged.
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.