The ATO has its sights set on tax agents who contravene the Code of Professional Conduct by failing to take reasonable care in the correct application of taxation laws to their clients’ circumstances. Here’s what you need to consider.
International efforts to rein in corporate tax avoidance are gaining momentum.
CPA Australia members say proposed changes to the taxation of discretionary trusts could discourage small business and hurt the wider economy.
Renovations and repairs can boost the capital value and rental yield of an investment property, but they can also have tax implications, so before reading up on renovation tips, investors should seek expert tax advice.
Many CPA Australia members are concerned by proposals to change the franking credits system.
Finance professionals are often the target of scams but they can do a lot to stop online scammers. Here’s how to avoid being the victim of a tax scam.
People who negatively gear investment property are most likely to be on higher incomes, yet the upfront tax benefits of negative gearing that they claim is relatively modest.
Single touch payroll – or STP – will soon be mandatory. Are you and your clients STP ready? Do your clients understand their payroll tax obligations?
With the Australian Taxation Office (ATO) increasing its compliance activities to reduce what it has identified as an $8.7 billion gap between what it has collected from individual taxpayers and what it should have collected, it may be tempting to consider any old tax audit insurance product. Here’s what accountants should know about junk insurance.
Opposition is building to proposals to limit the tax deductibility of providing tax advice, with CPA Australia members raising concerns about unintended consequences for individuals and small businesses.