News

Lisa To, a taxation lawyer at Bartier Perry, told Accountants Daily that the ATO’s growing focus on Section 99B - a provision under the Income Tax Assessment Act 1936 that seeks to tax a broad range ...
Sole traders: Taxed at prevailing marginal rates. The marginal rate of tax refers to the percentage of tax you pay on each additional dollar of income you earn within a specific income bracket. This ...
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. In the ...
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 ...
KPMG plans to cut 30 jobs as part of a restructure of its legal business that will see the big four firm’s commercial law practice close and its remaining legal services folded into other divisions.
In a separate resolution, it proposed applying incremental CPI increases to the pool over the next five years, capped at 4 per cent annually through 2030. Voting to approve all the proposed by-law ...