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.

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, ...

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

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

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.

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.

Prime Minister Albanese has insisted negative gearing and capital gains tax are not on the government’s reform agenda amid heightened media speculation and political pressure. On Wednesday, The Sydney ...