Latest Accounting News

Latest Articles

• Why every business should have an AI policy
  Discover why a clear workplace AI policy is essential to protect your business, ensure compliance, and harness AI safely.
• ATO reminds practitioners to avoid common FBT mistakes
  The ATO has warned tax practitioners about common mistakes made by taxpayers and their advisers when lodging fringe benefits tax returns.
• RSM welcomes updated PCG on transfer pricing for inbound distributors
  RSM has welcomed the ATO’s updated compliance guide on transfer pricing for inbound distributors, saying it would bring additional clarity for taxpayers.
• Major super tax changes now law
  Two key Bills have passed Parliament recently that will mean significant changes to Australia's superannuation system that will reshape how high-balance accounts are taxed and boost support for low-income earners.
• ATO taking a closer look at investment properties
  Owning an investment property can be tax-effective, but it’s also one of the ATO’s most closely monitored areas. Here are five common errors that most often trigger ATO follow-up, and the related issues to keep in mind.
• Choosing the right trustee structure for your SMSF
  A self-managed super fund (SMSF) is a useful step to control your retirement saving, however is it important to decide your right trustee structure to suit how the fund operates. 
• Succession planning and why it should be at the top of your to-do list
  Making decisions about the future of your business can feel overwhelming, or just not top of mind when consumed by the demands of running your business day-to-day. Many family business leaders aim to pass their businesses to the next generation but there is often a significant gap between intention and preparation.
• From Bricks to iPhones: The Evolution of the Telephone
  Check out the history of communication, eventually leading to the modern phones we use today.
• Inflation continues to keep SME owners up at night, survey finds
  Inflation remains a top worry for SME owners, a recent survey by Banjo Loans has found.
• Payday Super: 6 Things Small Businesses Need to Know
  From 1 July 2026, a major change is coming for employers: Payday Super.
• ATO issues new guidance on penalties for non-compliance with STP
  The Tax Office has published a draft law administration practice statement outlining its approach to penalties for failing to meet reporting obligations for single touch payroll.
• Strategies for Effective Debt Recovery for Small Businesses
  When invoices for goods and services go unpaid, it can significantly impact your business’s profitability and cash flow. 
• Succession planning to remain major focus for ATO this year
  The Tax Office continues to see situations where tax planning decisions from many years ago are giving rise to significant consequences.
• Fringe Benefits Tax (FBT) Guide – Key Checklist & Rates
  To meet the Fringe Benefits Tax (FBT) deadline for the year ending 31 March (with a standard due date of 21 May), employers must identify benefits provided, calculate the taxable value, maintain records, and lodge a return. 
• Buy an existing business
  Go through the sales process feeling prepared and informed.