Reprice and Verify Recruitment, Payroll, and Advisory Supplier Terms

The Bendel case has paved the way for the Tax Office to win the war after losing this battle in the High Court, one tax lawyer has warned. A tax lawyer has called celebrations following the Bendel win last week “dangerously premature”, saying that the ATO lost its appeal in Commissioner of Taxation v Bendel only because it “ran the wrong argument”

A tax lawyer has called celebrations following the Bendel win last week “dangerously premature”, saying that the ATO lost its appeal in Commissioner of Taxation v Bendel only because it “ran the wrong argument”

” For the last 15 years, the ATO has treated UPEs as a loan for the purposes of Division 7A, Institute of Public Accountants senior tax adviser Tony Greco told Accountants Daily. Cartland added that the court’s finding that Bendel’s resolution was not a “payment” or an “application of income”, “knocks out” statutory deeming provisions that have held up present entitlement for decades

The FAAA is scheduled to present at the Senate Economics Legislation Committee public hearing today (16 June) to discuss their submission, before the committee formally hands down its report next week, 22 June

1) Bill 2026, the National Tax & Accountants’ Association (NTAA) and Financial Advice Association Australia (FAAA) have directed concerns to the Senate Economics Legislation Committee. In its submission, CEO Sarah Abood outlined the FAAA’s position as supportive of three of the four measures in the Bill, with the exception being proposed changes to capital gains tax

“This increases the risk of drafting issues and unintended outcomes, leading to disputes, added compliance costs, and subsequent amendments. ” As such, the NTAA recommended central matters and definitions be included in the primary legislation, remaining legislative instruments be in draft for public consultation prior to registration, and the Committee closely examine the cumulative breadth of delegated powers in the Bill

The pivot to advisory-based services

Tax In this special episode of Accountants Daily Insider, produced in partnership with MYOB, we explore what accounting professionals need from technology at this point in time, and how they should be reflecting on the development of technology into the future

The pivot to advisory-based services. What MYOB is doing to better support accountants right now

12 June 2026 • By Naomi Neilson Tax What’s next following Bendel: tax advisers weigh in Tax experts have warned that the Bendel decision is likely “not the final word” on UPEs and Division 7A, as the

12 June 2026 • By Miranda Brownlee Technology Eftsure extends verification platform to recruitment industry The recruitment industry can now use Eftsure's multi-layered verification platform to analyse contractor and sole

11 June 2026 • By Miranda Brownlee Regulation High Court hands down significant Div 7A appeal decision The High Court has published its appeal of the decision in Commissioner of Taxation v Bendel, which challenged the Tax