Last Thursday (8 January), US-founded diagnostic platform BlinkLab revealed it had received an $822,205 R&D tax incentive (RDTI) refund in Australia for its domestic clinical research initiatives and ...

If you check this box before you log in, you won’t have to log back into the website next time you return, even if you close your browser and come back later. For post-CGT assets, the beneficiary ...

In a statement, the ATO has said it is focused on reducing unpaid tax and “bringing down the $50 billion collectable debt book” through its approach to debt management, including taking necessary ...

As this car lease vs hire purchase guide from Westpac explains, car leasing is essentially a long-term rental of a car. It usually involves an agreement that requires you to make payments over the ...

The Administrative Review Tribunal has varied a decision to terminate a tax agent for two years by replacing it with a suspension period instead. The Tax Practitioners Board decided to terminate the ...

On 24 December, the University of New South Wales (UNSW) was ordered to pay $211,200 in penalties for contraventions of the Fair Work Act 2009, including failures in its payroll processes, which ...

With the Payday Super start date approaching hard and fast, there will no doubt be many challenges and hurdles to overcome as employers scramble to comply by 1 July. On a recent Accountants Daily and ...

Small business restructuring (SBR), introduced in January 2021, has morphed from a helpful mechanism for small businesses into a trap that business owners need to be wary of when tackling financial ...

Accountancy is evolving. The skill sets required of the nation’s accounting and finance professionals are expanding and expectations are constantly shifting. This means that having a designation with ...

The Full Federal Court has ruled in favour of taxpayer Steven Bendel in the Commissioner of Taxation v Bendel decision handed down today. The decision, which considered the definition of a loan for ...

Sheffield Insurance’s directors, Phillip Bird and Daniel Holmes, have been convicted of two offences and fined $15,000 for their role in the Perth-based insurance company not lodging financial ...

Jennifer Madigan, director of FBT risk and governance for the ATO, has outlined some of the common mistakes that employers are making and what the Tax Office's compliance approach is towards FBT this ...