News & Insights

The Australian Taxation Office (ATO) plays a crucial role in revenue collection and ensuring compliance with tax laws. As we step into 2024, the ATO faces significant challenges in managing debt owed by individuals and businesses. Let’s explore the debt collection trends and policies shaping the ATO’s approach.

In the complex world of taxation and corporate governance, director penalty notices (DPNs) have become a critical tool for the Australian Taxation Office (ATO) to recover outstanding tax debts. As we step into 2024, understanding DPNs is essential for directors, business owners, and professionals alike.

The Australian accounting profession is undergoing a seismic shift due to digital disruption. As technology advances, traditional accounting practices are being challenged, reshaped, and, in some cases, completely transformed. Let’s explore the impact of digital disruption on accountants and the trends shaping the future of this vital industry.

As the accounting landscape evolves, professional accountants in Australia face a myriad of challenges. From regulatory changes to technological disruptions, staying ahead requires adaptability and strategic thinking. Let’s delve into the most critical issues impacting accountants in the Land Down Under.

Forensic accounting, once a niche field, has gained prominence in recent years due to its critical role in uncovering financial irregularities, preventing fraud, and providing expert testimony in legal proceedings. In Australia, forensic accountants play a pivotal role not only in investigations but also in insolvency accounting. Let’s explore the trends shaping forensic accounting and its close ties to insolvency matters.

Australia’s insolvency framework for small businesses underwent significant changes on January 1, 2021. The purpose of these reforms was to assist financially distressed small businesses (with debts under AUD $1 million) in surviving by providing simpler, more flexible restructuring options.

The UK manufacturing sector is indicating signs of a recovery, driven by increased domestic demand that has boosted output and new orders.

B. Riley Farber, a wholly owned subsidiary of B. Riley Financial (NASDAQ: RILY) (“B. Riley”), is pleased to announce the addition of Ryan Adlington as Senior Managing Director, based in Calgary, Alberta.

This explanatory overview is for business people contractually drawn into a required expert determination procedure for commercial disputes but who are unfamiliar with the process. Caveats apply (see below).

A serialised guide to some concepts and features encountered in the world of offshore insolvency......

In April 1999, 25 years ago, Peter Rodgers and Geoff Reidy started a business called Rodgers Reidy. Today, that business has offices in all states of Australia, the Northern Territory, New Zealand, Malaysia, Singapore, and Hong Kong.

TCP Partners and VNCFX have recently developed a partnership for foreign exchange solutions in Brazil.

The electric vehicle (EV) industry is experiencing a difficult period. Amid a backdrop of fluctuating demand projections, automakers and suppliers must navigate high interest rates, dwindling subsidies, production plant disruptions, and the persistent issue of range anxiety, exacerbated by perceived gaps in charging infrastructure.

TCP Partners Sector Analysis: Market Study of Agricultural Greenhouses

The prior year for the U.S. automotive industry was the start of a return to “normal,” as new vehicle sales defied expectations amid improved supply chain conditions, increased production, and exciting new product launches.