The Financial Advice Association Australia (FAAA) has stressed the importance of ensuring that any deductions claimed for advice fees are for advice that is genuinely tax-related or linked to ...

The accounting and bookkeeping industry must work towards normalising uncomfortable conversations around financial elder abuse to help those being unfairly taken advantage of. Elder financial abuse is ...

The Tax Practitioners Board (TPB) has terminated the registration of a BAS agent and imposed a two-year ban on reapplying, following an investigation that found the agent had falsified lodgements.

The latest version of the Commercial Risk Barometer by Illion has revealed an increase in business insolvencies across Australia is to be expected over 2025. The barometer found failure risk rose in ...

In 2024-25, the ATO distributed $1.1 billion total in super guarantee charge (SGC) to the superannuation accounts of approximately 960,000 employees. In that financial year, $209 million were raised ...

The ATO is “scraping the barrel” by reviving “petty” debts worth cents that were previously written off, say frustrated tax agents alarmed at the amount of extra work it has created. In a letter to ...

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 ...

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. Over the past decade, there has been a ...

The Civil and Administrative Tribunal has declined to overturn a $19,782 land tax penalty after its owner, a Maroubra-based accountant, argued for an exemption. The owner claimed that he was eligible ...

The annual State of the Personal Insolvency System report has been released by the Australian Financial Security Authority (AFSA) for 2024-=–25, highlighting a 5.3 per cent increase from the previous ...

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 ...

Appearing before the Senate Inquiry into consulting services, the big four firm rejected reports made by former staff who worked at the firm about Deloitte cultivating a "dark culture" and that it ...