News
GST fraud crackdown ‘will punish legitimate claims’
The ATO’s pursuit of $850 million in dodgy refunds will leave some businesses with a cash-flow crisis.
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Boutique insolvency start-up expands to Canberra
Demand for advice is increasing as businesses emerge from the pandemic, it says.
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Switch to lifetime super cap, says CA ANZ
It would be fairer to women than annual limits and the body urges support from both sides of politics.
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Adventurous, creative: Hallmarks of accounting’s new breed
Tax professionals are shrugging off the traditional view that they are tedious number-crunchers.
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Reckon sells accounting division for $100m
UK-based Access Group will acquire Reckon’s practice management software and the two will work together to ensure “a smooth transition”.
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Accountants the ‘linchpin’ in SME lending
No one is better placed to analyse the financials, and assess the risks and benefits.
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Toolkit helps auditors hit upcoming standards
Small-to-medium practices offered “risk library” to help comply with revised quality regime.
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ATO revives offsets against debts on hold
Inactive amounts owed by taxpayers will be deducted from credits, starting in June.
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Swoop launches funding portal for accountants
One platform delivers access to grants, finance and equity for SMEs.
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Telltale signs a business is in trouble
Accountants are often the first to realise a client’s business is running out of time – if they ask the right questions.
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ATO zeroes in on work expenses, crypto investments
The Tax Office has revealed its priority areas for this year’s returns.
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Small business ill-prepared for tech hurdles
The majority are lagging in digital adoption and hope for increased government support post-election, a survey finds.
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MYOB completes automation integration with Amaka
The partnership will build a new platform experience for e-commerce customers.
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Thousands of tax debt defaults ‘in the pipeline’
The ATO is ramping up credit agency referrals for the worst offenders.
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Why surprised accountants baulked at ‘heavy handed’ 100A draft
Few were thinking “tax avoidance” so the ATO’s draft ruling on trusts came out of the blue.
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Super for housing policy ‘undermines the system’
Industry groups raise serious concerns about the Coalition’s proposed Super Home Buyer Scheme.
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Taxpayers get wise to ATO impersonators
Phone, SMS and email have fallen markedly since last year.
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BDO appoints specialist employment tax partner
A former big four executive joins the firm’s people advisory business.
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ATO calls time on debt as business challenges mount
Insolvency spike is inevitable from combination of economic forces and pandemic fallout, says specialist.
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Assetline Capital and AltX co-sponsor first Finance Day
The two lending specialists aim to assist accountants in finding finance for clients.
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