Regulation

Regulation

Thou give it, thou take it – ability to claim deductions for ATO interest...

Permanent denial for the GIC deductions could see a further accumulation of tax liabilities and could cause small...
11 April 2025 • By Tony Greco, IPA

more from regulation

Regulation

Indirect climate reporting requirements to affect small businesses: ASIC

Small businesses should familiarise themselves with climate reporting requirements, even if the rules may not apply to...
02 April 2025 • By Emma Partis
Regulation

Tax agents desperate for ATO phone line overhaul, says NTAA

The ATO’s tax agent phone line fails to deliver the professional support tax agents need and expect, the National Tax...
26 March 2025 • By Imogen Wilson
Regulation

Digital financial reporting: An Australian failure

A failure to adopt digital financial reporting has left Australia stuck in the 20th century.
25 March 2025 • By Prof Peter Wells & Prof Stephen Taylor, UTS
Regulation

Regulator not afraid of AML enforcement

A leading anti-money laundering expert has warned that AUSTRAC will not mess around when it comes to enforcing the...
25 March 2025 • By Captivate Q
Regulation

ATO coming for lawyers over tax failures

About 85 per cent of lawyers could be at risk of disciplinary action for failing to lodge tax returns, the Australian...
24 March 2025 • By Naomi Neilson
Regulation

Majority of NFPs yet to lodge self-review return as deadline looms

The ATO has issued an urgent reminder to not-for-profits with roughly only 20,000 of the total 100,000 NFPs required...
18 March 2025 • By Miranda Brownlee
Regulation

Community tip-off leads Tax Office to seize $35m of illicit tobacco

Sixteen tonnes of illicit tobacco valued at nearly $35 million have been seized by the ATO, Victoria Police and the...
17 March 2025 • By Imogen Wilson