Over 10% rise in dodgy tax agent tip-offs
More than 200 tip-offs about potentially dodgy behaviour on the part of accountants and other tax agents were reported by taxpayers last financial year, the ATO has ...
TAX • Thu, 12 Sep 2019
Banks approving 94% of business loans, says ABA
The majority of businesses are shying away from seeking finance despite the Australian Banking Association claiming that 94 per cent of all SME loans are being approved ...
BUSINESS • Tue, 03 Sep 2019
Tax Commissioner wants to turn black economy to ‘lighter shade of grey’
ATO Commissioner Chris Jordan believes the agency’s local business visits are helping to change community behaviour, while reassuring small businesses that their tax ...
TAX • Mon, 02 Sep 2019
‘R&D Incentive problematic for years’: ATO Commissioner
ATO Commissioner Chris Jordan has admitted that “structurally, there is a problem” in relation to the R&D Tax Incentive, a day after a review of its clawbacks of ...
TAX • Fri, 30 Aug 2019
Mistakes ‘inevitable’ with ‘incredibly difficult’ awards system
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REGULATION • Thu, 25 Jul 2019
STP ‘not widely adopted’ by government, big businesses
Some large businesses and even government agencies are failing to transition over to the Single Touch Payroll regime, an accountant has suggested, as criticism mounts on ...
BUSINESS • Sun, 30 Jun 2019
3 out of 4 tax dob-ins are about business
The Tax Office has confirmed that the majority of “tip-offs” it receives about possible tax avoidance are related to business, amid concerns competitors may play dirty by ...
BUSINESS • Thu, 27 Jun 2019
Key considerations ahead of EOFY
With a calendar quirk and a number of important changes coming in 2019, accountants have been urged to get business clients up to speed in the final week before the new ...
TAX • Mon, 24 Jun 2019
Clients warned on possible car review
Vehicle-related expenses and even the make and model of the car you drive can attract extra scrutiny from the ATO, an accountant has warned, citing the example of a ...
TAX • Fri, 21 Jun 2019
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