6+ day, 11+ hour ago   (1121+ words) CPA Australia has argued the latest draft legislation on the discretionary trust tax may have addressed one stamp duty problem but fails to address another. The accounting body has said the latest exposure draft legislation on discretionary trusts improves on…...

1+ week, 4+ day ago   (514+ words) The software company has attributed the huge fall in its share price to a “global re-rating of the software sector” rather than performance, and defended the significant remuneration package for chief executive Sukhinder Singh Cassidy. Accounting software firm Xero has…...

1+ week, 6+ day ago   (796+ words) The Property Council of Australia has urged the government to carry out another round of consultation on the ‘flawed tax changes’ in the second tranche of legislation. In its submission to the government’s consultation on the Tranche 2 legislation for the…...

3+ week, 3+ day ago   (773+ words) As KPMG’s alleged misconduct in its audit practices brings the government’s proposed audit reforms into sharper focus and stirs debate on whether it would stop bad behaviour in audit, KPMG Australia’s former partner, audit and assurance Kim Lawry made further…...

3+ week, 5+ day ago   (177+ words) Accountants Daily Ignition 3.0 Preparing for the major changes to CGT From 1 July 2027, the 50 per cent CGT discount will be replaced by indexation, and a 30 per cent minimum tax will be introduced for capital gains. The legislative changes will also impact…...