PROFESSION • By Carlos Tse
A taxpayer has had his legal professional privilege claim reduced and has been ordered to resubmit an expert report to support his claim that he is not a resident of Australia for tax purposes after incurring administrative penalties for returns across four income tax years.
Read More
Following a review of its 2025 audit tender process with KPMG, Macquarie has cleared two non-executive directors of breaching their duties, including Michelle Hinchliffe, who admitted to having contact with key KPMG personnel during Macquarie’s audit contract bid.
PROFESSION • By Malavika Santhebennur
Read MoreThe AI debate has moved on from “does AI belong in accounting?” to “where do AI tools sit in our practice, and when should we not use AI?”, writes Louis Quintal.
TECHNOLOGY • By Carlos Tse
Read MoreNot all directors are appointed willingly or with a complete understanding of the company, their responsibilities, or the implications of the role, with one accounting body opposing a blanket approach to DPN administration.
PROFESSION • By Carlos Tse
Read MoreA tax practitioners’ body has flagged concerns with the scope and clarity of the proposed transitional arrangements in the phased changes to the FBT electric car exemption bill.
PROFESSION • By Malavika Santhebennur
Read MoreSee more Accounting Times news here
