The draft legislation to enhance the TPB’s sanction powers should include a more detailed explanation of how civil penalty provisions could apply to tax practices in certain breaches of the code.

One small accounting firm is tapping into the non-accounting talent pool to address its talent shortages and has outlined how ...

In a recent media blitz, Treasurer Jim Chalmers has emphasised intergenerational fairness as a key priority in any tax ...

The Tax Office says the Full Federal Court decision in Hall confirms that the circumstances surrounding the pandemic lockdowns do not change what expenses can be claimed as deductions.

The Full Federal Court has ruled that a shopping centre car park was a commercial car parking station for the purposes of ...

A Victorian accountant has been arrested and charged for allegedly participating in a money laundering syndicate linked to ...

The ATO has cautioned Australians to be wary of information from third-party sources, such as AI platforms and finfluencers, ...

The proposed framework for the TPB's interim suspension powers could lead to unjust or disproportionate outcomes for tax ...

The industry body has welcomed the TPB’s draft guidance on AI and the code of professional conduct and suggested minor tweaks ...

Accountants and other financial professionals can play a critical role in helping businesses respond to the challenges such as fuel volatility, high interest rates and upcoming reforms.

A CA ANZ member has been censured and ordered to pay $30,000 after he acted on behalf of both the buyer and seller of a ...