The ATO’s increasing focus on Section 99B taxes on foreign trust distributions has sparked concerns across the tax industry.

Although EOFY has passed, confusion around tax time often carries on well into the new financial year for small businesses and workers.

A new report has made recommendations for how the Tax Office can respond to abuse in the tax system to better support victim-survivors.

Practitioners are urged to be careful when it comes to complying with rules governing the payment of a dividend by journal entry to make a minimum yearly repayment on a complying Division 7A loan.

Small business restructuring appointments tripled in the first half of the 2025 financial year, dominated by the hospitality and construction sectors.

A Victorian man has been sentenced to 4 years and 7 months imprisonment after he fraudulently obtained $2.4 million in GST refunds.

Australians shouldered the biggest increase in income tax rates in the developed world last financial year due to bracket creep and the end of the LMITO, according to a report from the OECD.

A looming tax on high superannuation balances is set to reshape retirement planning, but the vast majority of pre-retirees are unprepared for it, according to research from Generation Life. Insurance ...

Succession planning has recently been nominated by the ATO as a key area of focus on its website. This is driven by the significant wealth transfer occurring as businesses established in the 1960s, ...

Professional bodies and accounting firms have recognised the crucial role played by the auditors with today marking the 10th year of Auditor Proud Day.

Treasury’s crackdown on GIC and SIC deductions could hurt small firms and discourage engagement with the ATO, according to the SMSF Association.

The new pathway program provides students with a "non-traditional route into the profession" focused on hands-on learning and real-world applications, the Institute of Public Accountants (IPA) has ...