Regulation

Default image
Regulation

ATO hands down unusual penalty

The tax office has recommended an SMSF trustee receive a first-of-its-kind penalty for failing to lodge annual returns.
19 February 2015 • By Katarina Taurian

more from regulation

Default image
Regulation

Lawyer warns accountants on unlicensed advice

Financial services law firm Sophie Grace has expressed concern that the new licensing regime may tempt accountants to...
16 February 2015 • By Katarina Taurian
Default image
Regulation

Union flags government dispute with ATO

Tax office staff are “likely to reject” a proposed enterprise agreement that would see 300 staff lose their jobs while...
11 February 2015 • By Staff Reporter
Default image
Regulation

ATO awarded record payout

The Federal Court has awarded the ATO its highest civil penalty to date after fining the promoter of a pharmaceuticals...
09 February 2015 • By Michael Masterman
Default image
Regulation

ATO increasing its use of data, says KPMG

The ATO is increasingly using data analytics to identify anomalies in business' GST reporting, warns KPMG indirect tax...
19 January 2015 • By Staff Reporter
Default image
Regulation

GST debate too narrow, says IPA

Australia needs major tax reform that considers all aspects of the tax system, not just the GST, according to the IPA.
15 January 2015 • By Staff Reporter
Default image
Regulation

New ATO rules to help SMEs, says Pitcher Partners

Pitcher Partners says guidelines for simplified transfer pricing record-keeping will ease some of the compliance...
14 January 2015 • By Staff Reporter
Default image
Regulation

RSM Bird Cameron dismisses reform talk

RSM Bird Cameron says the current GST debate is too narrowly focused to produce any sustainable long-term increases in...
12 January 2015 • By Staff Reporter