Assuming last is required, the following 4011 results were found.

  1. Tribunal upholds ATO’s position in COVID-19 payment case

    transactions that were recorded on the bank statements as salary/wages or director fees. The Commissioner also said the last time wages were reported was in the 2016 income tax return. A review of business activity statements between 1 July 2016 and 31...

  2. CA ANZ outlines key priorities for Tax Ombudsman's 2025-26 work plan

    increasingly frustrated with the ATO and its responsiveness in critical areas, calling on the Tax Ombudsman to step in. Last month, the Tax Ombudsman called on the accounting community to provide feedback on its proposed work plan for systemic reviews...

  3. IPA urges IGTO to prioritise review into payday super readiness

    the Tax Ombudsman to prioritise a review into payday super readiness for this year, with the start date fast approaching. Last month, the Inspector-General of Taxation and Tax Ombudsman (IGTO) Ruth Owen released a shortlist of proposed reviews for the...

  4. Government fraudster slapped with prison sentence

    by committing tax fraud, identity and counterfeiting fraud and social security fraud. The 18-month sentence was handed down last week in the Melbourne County Court to Paolo Esmaquel, who is already serving jail time for similar offences she committed...

  5. Consistent outcomes critical for building trust in tax system, says IGTO

    managing the request rather than the merits of the case, even when the facts are identical," CPA said in a submission last year. The IFPA said its members were concerned that the criteria for getting interest remitted "seemed very opaque and...

  6. Tax Office issues crucial scam warning for businesses

    consequences. The Tax Office said ATO impersonation email scam reports had increased by over 300 per cent from the same time last year, with more scam reports expected around tax time as scammers were aware this is when people would usually hear from...

  7. Taxpayer loses appeal in case involving unexplained bank deposits

    failed to prove that amended assessment and penalty assessments issued by the ATO were excessive in a decision handed down last week, HWFX and Commissioner of Taxation (Taxation) [2025] ARTA 680. The amended assessments and penalty assessments were...

  8. Federal Court overturns ART decision on FBT liability

    appeal by the Commissioner in a decision examining whether fringe benefits tax applied to directors of a corporate trustee. Last week, the Federal Court overturned a decision by the Administrative Review Tribunal, which concerned non-monetary benefits...

  9. Be wary of all tax time communication, says CPA

    by the ATO having said that impersonation email scams had increased by more than 300 per cent in comparison to this time last year. Jenny Wong, CPA tax lead, said Australians should prepare for a deluge of scam activity in the lead-up to 30 June....

  10. Productivity roundtable must ‘explore all options’: CPA Australia

    declared productivity as the defining economic challenge of Labor’s next term of government. The Productivity Commission’s last quarterly report found that Australian labour productivity has flatlined over the past decade - bad news for workers, given...

  11. Tax Institute urges government to scrap Div 296, review NALI

    stakeholders on the current non-arm’s length income provisions to address uncertainties in the legislation that was passed last year. In its submission, the Tax Institute said further stakeholder consultation and redesign are needed on Div 296 to ensure...

  12. Australian SME owners report ‘stable’ mental wellbeing

    with 43 per cent of respondents having indicated that running a business had inflicted significant levels of stress over the last year. This was followed by anxiety being reported as a common mental health challenge, with 35 per cent reporting it as a...

  13. ATO finalises tax determination on circular financing arrangements

    (if any) risk on their investment. It first raised concerns about these arrangements in a taxpayer alert issued in December last year. In the alert, the ATO warned that advisers were encouraging investors and start-up owners to claim the early-stage...

  14. ATO focus on historical tax debts creating ‘challenging environment’, warns lawyer

    or tax liabilities that are outstanding," said Lancaster. "I think that one of the key themes that I've noticed over the last two to three years after the Covid holiday is that a lot of the historical debts are now being chased with some vigour."...

  15. Mythbusting common misnomers surrounding Div 296

    has broken down some common myths surrounding the incoming Division 296 super tax. At the ACE25 Accounting Conference & Expo last Friday, SMSF specialist and actuary Meg Heffron tackled some common myths associated with the Division 296 super tax. The...

  16. Joint bodies voice support for AFCA rule amendments

    based on the failure of financial firms to pay AFCA determinations and the resultant impact on the Compensation Scheme of Last Resort (CSLR) being an important issue for the various bodies and their members. “The cost of the CSLR is a major threat to...

  17. WA budget misses mark for SME relief, BDO says

    delivering major investments in health, education and housing, according to BDO Australia. The WA state budget delivered last Thursday has failed to address critical needs for small businesses with no inclusion of changes to payroll tax, no new relief...

  18. New super tax proposal reinforces case for auditors to increase technology use: fintech

    advisory in the future, especially given the proposed new super tax. “Investor behaviour has evolved significantly over the last few years and a key attraction of having an SMSF is choice. SMSF trustees can embrace everything from Nasdaq stocks to...

  19. SME insolvencies on track to double historical average, data reveals

    revealed that from January to April this year, SME overall credit demand was down 7.3 per cent compared to the same period last year and SME trade credit demand had taken the biggest hit, down 13.8 per cent in the year to April. In April of this year,...

  20. SME owners urged to reassess depreciation rules amid complexity concerns

    from an accounting perspective for me,” Francis said. “It doesn't give me an idea of how long I think my assets are going to last, the value of my assets, or give me a really good indication of when I might have to replace it, so that's why I haven't...