2025: The year ahead
From www.knowledgeshop.com.au: In 2025, Australia will face an election, potential tax changes including a new superannuation tax, and ongoing discussions around interest rates amid … read more
Family law property settlement 2025 changes
From www.wolterskluwer.com: The Family Law Amendment Act 2024 introduces significant reforms to property settlement and maintenance provisions for married and de facto couples, effective … read more
Mixed demand for advice roles in 2025
From www.professionalplanner.com.au: Demand for financial planning roles in 2025 remains mixed, with experienced advisers and client services positions being particularly challenging to fill.
Female … read more
FRC warns of no room for audit complacency
From www.accountingweb.co.uk: (UK context) The Financial Reporting Council emphasizes the need for audit firms to not be complacent and to continuously improve quality standards … read more
Art of Accounting: Make 2025 your best year ever
From www.accountingtoday.com: To achieve growth in 2025, accounting firms should focus on providing more services to both existing and new clients.
Emphasizing organic growth … read more
BHP alleged wage theft
Reported at michaelwest.com.au: BHP is involved in a wage theft scandal, allegedly employing labor hire companies to underpay workers significantly, which has led to … read more
How Foreign Financial Services be provided to Australian Clients
From sophiegrace.com.au: Foreign Financial Services Providers (FFSPs) can offer services in Australia by acquiring an Australian Financial Services License or utilizing relief pathways provided … read more
How to stop work from consuming your life
From www.journalofaccountancy.com: Work can take over your life, leading to feelings of overwhelm and disconnection from joy.
Shifting from a default state of being, … read more
Why the ATO non-binding web guidance is “toilet paper”
From cadenalegal.com.au: The ATO has been issuing non-binding web guidance, leading to concerns among tax professionals about its reliability for interpreting complex tax laws. … read more
Guide to Small Business CGT Concessions
From cadenalegal.com.au: Small business owners in Australia may qualify for CGT concessions if they meet specific eligibility conditions, including turnover and asset values.
Additional … read more
Key Corporate Tax developments: 2024 year in review
From Arnold Block Leibler: Key corporate tax developments of 2024, from ATO assurance programs and tax compliance to changes in diverted profit tax judgments, … read more
Tax changes in 2024
As 2024 concludes, key developments in Australia’s tax landscape for small and medium-sized accounting firms are highlighted – from www.accountantsdaily.com.au
Notable changes include the ATO’s … read more
Criminalisation of wage underpayments
Reported at colemangreig.com.au: Starting January 1, 2025, employers in Australia will face criminal liability for intentional underpayment of wages, with the offense requiring proof … read more