HeyJaredMalavika Santhebennur
- Indexed articles, last 90 days
- 55
- Latest publication
- Oct 1, 2026
- Outlet visibility, for Lawyersweekly
- Top 500K sites
- Earliest in this view
- Aug 13, 2026
Latest articles
Businesses should not absorb merchant fees, accountant says (opens the original)
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With surcharge removals coming into effect yesterday, one accounting principal has said he will advise his business clients to raise their prices. Following the official ban on businesses from adding extra payment surcharges for eftpos, Visa, Mastercard, and American Express Cards coming into effect from Thursday (1 October), principal at Hodkinson Accounting Todd Hodkinson said he will direct his business clients to increase their prices to recompense any financial losses they incur from the ba
ATO will stop accepting credit cards from December (opens the original)
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The Tax Office has announced it will stop accepting credit cards as a payment method after 30 November 2026. The ATO said in a statement that, as a government agency, it has decided that it would not be appropriate for the cost of credit card merchant fees to be transferred to the community. The move followed the Reserve Bank of Australia’s Review of Merchant Card Payment Costs and Surcharging, following which it concluded that “it is in the public interest” to scrap surcharging for all designat
Compliance burden to add to small business costs (opens the original)
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Small businesses already bearing the brunt of brutal economic conditions could now face burgeoning costs of obtaining advice amid the proposed tax reforms, a restructuring specialist said. BusinessReset founder and restructuring practitioner Jarvis Archer said the government’s proposed tax reforms (particularly the minimum tax of 30 per cent on discretionary trusts) could add to the financial difficulty that small businesses are already facing in a challenging economic environment. The draft leg
‘Very poorly thought out’: Minimum trust tax to sting low- to middle-income earners (opens the original)
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A tax agent has argued that the proposed trust tax legislation will “almost exclusively” hurt low- to middle-income earners while leaving high-income earners untouched. Carbon Adelaide partner David Block noted that the government’s proposal for a 30 per cent minimum tax on discretionary trusts has been presented as a measure that equalises the tax burden across high-income and low-income earners. “But I believe the mechanics of the measure only affect people with incomes between $45,000 and $13
Leave small businesses alone in trust tax, building body says (opens the original)
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Master Builders Australia has called for small businesses to be grandfathered from the proposal to impose a minimum tax on discretionary trusts. In its submission on the government’s draft legislation on implementing the core components of the 30 per cent minimum tax on discretionary trusts, the building and construction industry association said that despite amending the original proposal, small construction businesses will still be left in limbo with no safe way out. It added that these comple
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