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Tax news in Australia
An overview of news, trends and research in the category Tax in Australia:
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BDO partner Tim Sandow named incoming president of The Tax Institute
The Tax Institute has elected Adelaide-based BDO partner Tim Sandow as its new president for 2025. He has been a member of the professional industry body’ s national council since 2018.
05 December 2024
KPMG rolls out customised KymChat solution to tax staff
Following up on last year’s KymChat release, professional services firm KPMG has now equipped its Australian tax specialists with their own custom-built generative AI tool dubbed KymTax.
17 June 2024
Alvarez & Marsal launches tax wing with 65 senior recruits
A&M Tax – the tax consulting wing of global professional services firm Alvarez & Marsal – has launched in Australia following the hire of a 65-strong team of industry experts.
07 February 2024
Ex-partner accused of tax misconduct acted in isolation, says EY
An axed partner accused of misconduct in relation to a tax avoidance scheme has been labelled a rogue operator by EY chief executive David Larocca, with the firm saying that he acted in isolation.
06 November 2023
PwC commits to full recommendations list of independent report
The Ziggy Switkowski report into culture and governance at PwC has been publicly released, with the firm committing to its full suite of recommendations including the appointment of an independent ch
27 September 2023
Government releases new legislation in response to tax scandal
Large global entities caught promoting tax evasion schemes could face penalties of up to $780 million as per new legislation released by the government in response to the PwC tax policy breach.
20 September 2023
Kinetic IT bags multiyear contract at Australian Taxation Office
Kicking off the awards process of its fresh IT Strategic Sourcing Program, the Australian Taxation Office (ATO) has selected Kinetic IT as its lead Enterprise Service Management partner.
08 June 2023
PwC sends global leaders to Australia to damage control spiralling crisis
Facing the risk of spiralling global crisis, PwC is scrambling to contain the damage caused by the ‘government leak scandal’ in Australia.
12 May 2023
Expats working remotely could face ATO tax slug
Expats who returned home to Australia during Covid-19 but chose to continue working remotely for overseas companies in lower tax jurisdictions could face a sizeable 2021-22 tax debt, warns Liam Telfo
13 September 2022
Is corporate tax morality set to become a CSR cornerstone?
With revenues now well publicised, corporations are under ever greater scrutiny around taxes.
22 September 2021
KPMG proposes superannuation rebate for primary carers
In an effort to help bridge Australia’s superannuation gender gap, KPMG has proposed a new rebate policy for individuals who have missed out on contributions lost to childcare.
30 August 2021
Covid-trapped expats face inadvertent tax double-up
Australia’s increasingly drawn-out international border closures have severely impacted the lives of many individuals, but the complex matter of tax residency has been largely overlooked.
15 June 2021
Victoria selects 200+ firms for finance, treasury and tax framework
The Victorian Department of Treasury and Finance has selected over 200 professional services firms for its $300+ million framework agreement for commercial, financial and tax advisory services.
28 February 2021
NSW government working with KPMG on stamp duty reform
The Government of New South Wales has come under fire for handing a $5 million contract to consultants from KPMG, as it weighs up reforms to its property taxation system.
17 January 2021
KPMG and Thomson Reuters team up for FBT compliance solution
KPMG has forged a strategic partnership with Thomson Reuters to leverage the its Fringe Benefits tax (FBT) compliance software Onesource to better support tax clients across Australia.
26 February 2020
Luxury car tax under pressure following Holden collapse
General Motors has decided to axe its Holden brand by 2021, and as a result 600 of the company’s remaining 800-person workforce in Australia and New Zealand will lose their jobs by the end of the yea
19 February 2020
IT consultants blamed for outage of Australian tax systems
The Australian Government has come under further pressure to justify its outsourcing policy, following a major IT outage hitting the country’s tax body.
16 July 2019
KPMG Australia launches Crypto Tax Estimator for traders
Understanding tax obligations for Australian crypto-traders has just gotten a whole lot easier thanks to global professional services firm KPMG’s new Crypto Tax Estimator.
16 November 2018
BDO Australia answers the question: 'How do I find the best accountant?'
BDO Australia answers the question ‘How do I find the best accountant for me?’ Finding the an accountant that fits with the culture of a business can be as challenging as running a business itself
12 July 2018
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