PROFESSION • By Carlos Tse
In light of the 136 per cent increase year on year in DPNs issued by the ATO in 2024–25, and its findings in a 2025 review, the Tax Ombudsman has opened consultation for its review of the ATO’s use of DPNs.
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With Treasury flagging that further tranches of legislation are needed for the CGT and negative gearing reforms, a submission argues this only increases uncertainty and costs to taxpayers.
PROFESSION • By Malavika Santhebennur
Read MoreThe professional body has urged the government to defer the start date of the CGT and negative gearing legislation and give tax practitioners more time to implement new systems.
PROFESSION • By Malavika Santhebennur
Read MoreAmid the ongoing KPMG audit scandal, a former whistleblower has questioned the lack of proportionate repercussions for wrongdoing in accounting firms.
PROFESSION • By Malavika Santhebennur
Read MoreThe second tranche of the CGT and negative gearing changes produces three avoidable outcomes, one investment management firm has said, making recommendations that can be made prior to 1 July 2027.
PROFESSION • By Carlos Tse
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