In response to the decision by some prominent Australian businesses to return their JobKeeper payments, the ATO says that a voluntary repayment will be deductible “in limited circumstances”.
Read moreFeatured Resources
Tax Manager / Director Posts
Moving away from spreadsheets: 3 ways to automate your tax process
Keep using spreadsheets? Sure, they have their place, but it’s more for certain types of tasks, not necessarily for everything that you’re trying to do.
Read more
Inside AML: How Australia’s banks joined forces to break open a “cuckoo smurfing” syndicate
Australia’s world-leading Fintel Alliance has secured a major win in the fight against organised financial crime, after teaming up with state police for a “week of action” on cuckoo smurfing.
Read more
ATO using its access powers to assist with challenging legal professional privilege
CUB Australia Holding Pty Ltd v FCT [2021] FCA 43 marks the first addition to the body of case law regarding legal professional privilege (LPP) for 2021
Read more
TSB winds up FASEA: New body to be announced
The Treasurer and the Assistant Minister for Superannuation, Financial Services and Financial Technology have issued a joint media release announcing changes to the regulatory framework that applies to financial advisers.
Read more
Canberra lawyer and accountant charged with facilitating organised crime
The Australian Federal Police have reported that two men and a woman have been arrested for allegedly being professional facilitators of organised crime in Canberra.
Read more
Tax scams and money laundering … why accountancy services are so attractive to criminals and how COVID-19 is highlighting this once again
Tax scams and money laundering: what accountancy firms can and should do to combat crime.
Read more
The accounting skills most in-demand post-pandemic
The pandemic has changed how we work – and where we work from. How much will it change demand for key accounting skills? Three experts weigh in.
Read more
NSW Budget 2020-21 roundup
The NSW Treasurer, Dominic Perrottet, handed down the NSW Budget 2020-21 on 17 November 2020. This article outlines some of the key tax measures aimed at supporting businesses.
Read more
NSW Budget: Overview of proposed property tax
As part of the NSW Budget, the Treasurer announced a proposal to introduce a property tax regime that would provide taxpayers with a choice between paying a known amount of stamp duty at the time of purchase of a property, or an annual property tax charge.
Read more