Tom Ravlic

Senator Pocock said a message he regularly hears from small businesses is that they want to be suppliers to the government rather than recipients of government grants.

ATO officers have identified $29.8 million in liabilities from engagements with tax advisers who have failed to keep their affairs in order.

Assistant Treasurer Stephen Jones has told accountants, lawyers and other professionals they have until January 21 to respond to a raft of changes to tax agent regulation as a part of the government’s response to the PwC confidentiality breach.

The Australian Taxation Office’s Tax Avoidance Taskforce helped generate an additional $7.6 billion in revenue during the 2022-23 financial year.

Secrecy provisions were blamed by agencies for their inability to share certain information related to the PwC leaks scandal.

Tax trainer and adviser John Jeffreys said that the corporate plan put out by the ATO covers many things, but it does not offer a plan for tax agents.

The ACCC should have a closer look at the consulting sector and see how greater competition might be facilitated, according to former ACCC head Allan Fels.

Businesses are the frequent targets for cyber attacks involving scammers, hackers and digital malcontents wanting to steal money, secrets and identities.

More electric vehicles (EVs) in the Splend fleet will enable the company to enter into more short- or long-term hire agreements.

ASIC has warned directors and auditors it will be drilling down into how complete a “story” companies are telling in their narrative disclosures in financial statements this year.

Tough rules to make it harder for defrocked tax agents to find work in a tax advisory practice should pass the Senate unamended, according to an economics committee report.

The Tax Practitioners Board has been in the spotlight because of the role it played in disciplining Peter Collins, a former PwC partner, and his old firm for a breach of a confidentiality agreement.