Tax

What the negative gearing changes mean for the client considering a knock-down rebuild

The recent changes to negative gearing rules, effective from 1 July 2027, significantly impact clients considering knock-down rebuilds.

The 30% trust tax draft: what firms need to decide next

Treasury's exposure draft for the 30% minimum tax on discretionary trusts, which applies from 1 July 2028, was open for consultation until 18 September 2026. This piece sets out what the draft confirms, the election and…

Should I become a BAS agent or a tax agent? Navigating entry pathways into the accounting profession

This article breaks down the BAS agent and tax agent pathways for overseas-qualified accountants, explaining the differences in scope, risk, and timing, and why many firms recommend BAS registration first to build…

Individual tax returns are holding you back and killing your profitability

Individual tax returns (ITRs) can stifle your accounting practice, leading to burnout and low profitability. This article highlights how shifting focus from ITRs to higher-value clients can revitalise your business,…

The gender gap in tax agent registration is wider than you think - and here’s why

The gender gap in tax agent registration reveals significant disparities in the accounting profession, with a 70:30 male-to-female ratio among tax agents contrasted by an 86:14 ratio for BAS agents.

Melton man jailed for GST fraud totalling over $250,000

TASA rules are here — and your engagement letter probably isn’t compliant

The $3 million super tax is coming — and accountants are furious

How much should you really be charging for individual tax returns?

Owners in a private Australian practitioner group shared their hourly rates and individual tax return fees for 2025. What the figures suggest as a guide, and what holds firms back.

New TASA rules could disrupt your whole client list

“This tax is a sh*t show”: why accountants continue to unload on policy makers

This Aussie small business owner was jailed over tax - then the ATO dropped everything

A recent case involving an Australian small business owner highlights alarming accountability issues within the ATO, which wrongfully jailed him based on shifting tax advice. This situation underscores the urgent need…

Why charging a % of a tax refund is unethical - and could breach the TPB code

Charging a percentage of a tax refund may seem appealing, but it can undermine trust and conflict with ethical guidelines set by industry bodies. This article explores the risks of this pricing model, including…