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ATO urged to include SMSFs in vulnerability regime

ATO urged to include SMSFs in vulnerability regime

Accounting group, CA-ANZ is urging the ATO to include SMSF trustees in its proposed new Vulnerability Framework alongside other taxpayers.
Accountants warn against ATO’s harsh family trust approach

Accountants warn against ATO’s harsh family trust approach

CPA Australia is urging Treasury to return to the 1995 interpretations of the family trust tax regime warning of dangers in the ATO approach.
More consultation urged on Div 296

More consultation urged on Div 296

While the Govt looks to lock down Senate support for the $3m super tax cap legislation, there are continuing calls for more consultation.
Regulatory compliance

Compliance Landscape to Change with the Introduction of Div296

Financial Newswire Contributor 7 August 2025 No Comments

SMSF trustees and their advisers should already be preparing for the tougher compliance environment evolving out of Division 296.

Efficiency = speed quality over costs

Costs forcing accountants to disengage with clients

Mike Taylor 29 May 2025 3 Comments

Financial advisers are not alone in culling low-value clients, with accountants complaining that costs are forcing disengagement decisions.

Using social media on phone and laptop

Steer clear of finfluencers ahead of tax time: CPA Australia

Yasmine Raso 14 May 2025 2 Comments

CPA Australia has warned Australians against consulting ‘finfluencers’ for advice, information or tips on taxes ahead of the EOFY.

Agreement

Count cements QLD presence with accounting clients deal

Yasmine Raso 2 May 2025 No Comments

Publicly listed Count Limited announced to the ASX that its Gold Coast-based arm has acquired accounting client books from two local firms.

ASX Registry Data

Class confirms link up to all major share registries

Patrick Buncsi 29 April 2025 No Comments

Class will now have automated connections to all major share registries following its integration of Automic’s data stream.

First Sentier extends services deal with Northern Trust

Rose Partners continues expansion plans with MSI Taylor deal

Yasmine Raso 23 April 2025 No Comments

AZ NGA-backed Rose Partners has continued its national expansion efforts by securing a new partnership with Queensland-based MSI Taylor.

tax grab

Tax Ombudsman told of ATO data-matching fail

Mike Taylor 17 April 2025 No Comments

The Inspector General of Taxation has told of an ATO data matching exercise on rental income when ended with non owners receiving letters.


INDUSTRY NEWS

Essential roles your bond portfolio could play

Financial Newswire Contributor 23 June 2025

Industry News

No Comments

In moments of uncertainty, it is important to stop and reflect on the basic role of fixed income in a portfolio…

Power your growth with smarter registry solutions

Financial Newswire Contributor 19 June 2025

Industry News

No Comments

In a shifting market, growth starts with operational strength. Find out how the right transfer agency partner drives better experiences and outcomes.

Personal Medical Attendant Reports: Simpler, smarter, faster – now digital with Acenda 

Financial Newswire Contributor 2 June 2025

Industry News

No Comments

Acenda has launched digital PMARs – an Australian life insurance industry first – setting a new benchmark in underwriting efficiency.  

Retirees need to dial down risk and focus on income

Financial Newswire Contributor 26 May 2025

Industry News

No Comments

For investors nearing retirement this intense market volatility couldn’t be more poorly timed. A big loss now could leave them lacking later in life.


Filter

AI for CAs

Accountants want more AI, but big skills gap is hampering adoption: CAW

Patrick Buncsi | 16 April 2025Chartered Accountants have expressed an overwhelming desire to leverage AI, given the opportunity, though a big skills gap has left many unprepared.
Male figure steps into gap

ATO out of step with APRA on pension treatment

Mike Taylor | 14 April 2025The joint accounting bodies have pointed to inconsistencies between the ATO and APRA on the regulatory treatment of pensions.
Tax deductible post-it note

ATO needs to focus on collecting older, larger debts

Mike Taylor | 2 April 2025In the election lead-up the major accounting groups urged the Senate cross-bench to delay legislation on the tax-deductibility of the GIC.
Businessman weighed down

IPA laments lack of Budget support for small business

Mike Taylor | 25 March 2025The Institute of Public Accountants has lamented the Budget's lack of support for the struggling Australian small business sector.
Man using magnifying glass to run audit on ipad

ANAO deep dives on ASIC regulation of big audit firms

Mike Taylor | 24 March 2025The Auditor-General is taking a close look at how ASIC regulates the big four audit companies and whether the regime is fit for purpose.
Jurisdiction

ASIC admits providing disciplinary evidence to accounting bodies

Mike Taylor | 10 March 2025ASIC has reached beyond its jurisdictional boundaries by providing information to the major accounting bodies - CPA Australia and CA-ANZ
Chess pieces with odd one out

Privacy laws undermine accountants’ disciplinary regime

Mike Taylor | 5 March 2025Privacy legislation is acting as an impediment to information sharing between the major accounting groups and opening regime to gaming.
Transparency in business

Benefits outweigh costs of adviser access to ATO portal

Mike Taylor | 5 March 2025Financial advisers are being handicapped and in some cases penalised because they do not have appropriate access to the ATO tax portal.