A solicitor has been penalised for his failure to pay almost $300,000 in compulsory superannuation contributions for six employees.

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

Pitcher Partners has been accused of breaching its contractual obligations during the six years it provided tax services to a national law firm.

Advisory firm BlueRock has acquired White Sky, a company specialising in accounting services for the music and entertainment industry.

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, ...

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

Damien Luscombe pled guilty to making fraudulent transactions from client accounts at the Victorian County Court last week.

The possibility of an ACCC investigation of the big four has emerged during an inquiry into the sector due to concerns their behaviour in the audit market resembles an “oligopoly”.

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.

Jim Chalmers has hit out at the opposition’s proposed $20,000 tax deduction for meal and entertainment expenses, labelling it a waste of taxpayer money.

Without proper planning, construction businesses can find themselves frustrated by cash flow issues when tax time comes around, RSM has said.

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.