Assuming last is required, the following 4077 results were found.

  1. ATO taking R&D tax claims more seriously, expert says

    and development tax incentive (RDTI) scheme will have a harder time, said HLB Mann Judd consultant, Troy Smith. Late last year, the ATO published two taxpayer alerts warning against misuse of its research and development tax incentive (RDTI) scheme....

  2. ATO takes aim at ‘reckless’ claims of legal privilege

    that all other relevant documents have been provided,” Ms Saint said. Following the publication of a draft protocol last September, the ATO consulted with government agencies, the Big Four accounting firms and professional bodies including the Law...

  3. ATO systems backfire again on bookkeepers

    house to the new, they may not have made those monthly contributions into the employee’s superannuation fund. “As of our last meeting on Tuesday with the ATO, they were in talks with the Fair Work Ombudsman to ensure that they would provide reassurance...

  4. ATO surveillance sees hundreds of SMSF ABNs cancelled

    risks or red flags with the individual setting up the fund. Ms Fleming said that out of the 26,000 SMSF registrations in the last financial year, 2,100 were flagged for additional reviews by the ATO’s risk analytical model. “Of those additional reviews,...

  5. ATO sticks to its guns in revised WFH deductions regime

    after feedback from the industry. The compliance change, which was scheduled for 1 January in draft PCG 2022/D4 published last November, was a partial win for critics who said most taxpayers and accountants would be unaware of the revised requirements...

  6. ATO steps up data-matching to snare late super payments

    as we can ensure employers are paying their employee’s SG contributions in full, on time and to the right fund,” it said last week. Mr Wynen said that one potential benefit of the expanded data matching program was minimising the super guarantee charge...

  7. ATO speaks on eligibility concerns for corporate clients

    line” test will replace the previous requirement that a company be “carrying on a business”. Speaking to Accountants Daily last week, Knowledge Shop tax director, Michael Carruthers said there is uncertainty over how the corporate tax rate and maximum...

  8. ATO sounds deductions warning ahead of tax time

    agents this tax time around certain problematic deduction areas as it seeks to tackle the $8.7 billion individuals tax gap. Last year, the ATO released its first ever Individuals not in business tax gap report, revealing an $8.7 billion gap caused...

  9. ATO sounds alert over new ‘alarming’ TFN scam

    “We’re seeing that instead of scammers asking for a specific amount of money, they’re requesting victims to transfer every last dollar in their bank account. “What’s most malicious is that, in some cases, these scammers are stealing money under the...

  10. ATO software bugs revived false on-hold debts, documents show

    obtained by iTnews under freedom of information laws. The documents showed the ATO first identified the bugs in July last year and resolved them months later in October after numerous meetings and briefings. As part of “remediation” efforts, ATO staff...

  11. ATO SMSF auditor referrals see slight uptick for FY23–24

    undertaken on auditors who had been in reciprocal audit arrangements and auditors who hadn’t undertaken any audits in the last five years. Auditors who were at risk of not holding appropriate professional indemnity insurance or failed to complete the...

  12. ATO small biz treatment and debt recovery practices to undergo review

    impact on them. “Overzealous early debt recovery by the ATO can be a small business killer,” Ms Carnell said. “Our research last year into unfair treatment by the ATO found serious system-wide issues impacting the small business sector, including early...

  13. ATO slips from top spot in public trust ranking

    point to 72 per cent. The AEC ranked first at 87 per cent and the Department of Employment and Workplace Relations ranked last, with only 56 per cent of people being satisfied with its services. The ATO recorded a two-point drop down to a pre-pandemic...

  14. ATO signs $323m lease for purpose-built Barton building

    owners. The ATO confirmed the cost of the 15-year lease as $323,382,646 (GST inclusive). The ATO told staff about the move last Tuesday, 13 September. The 10-level building at 21 Genge Street which the ATO has occupied since 2007 has already been put on...

  15. ATO signals good-faith approach to tax agent deferrals

    program, along with other targeted support measures for practitioners who have experienced serious hardship over the last year. The ATO on Tuesday urged tax agents to be aware of the support measures available to them coming into tax time, acknowledging...

  16. ATO signals crypto crackdown as tax time looms

    capital gains or losses.” The ATO’s crackdown follows a softer, educative approach adopted through the 2020 income year. Last year, the Tax Office contacted 100,000 taxpayers who had traded crypto assets and prompted 140,000 taxpayers to lodge returns....

  17. ATO signals crackdown on popular deduction

    Australians claimed right up to the threshold that does not require detailed records to be kept of a popular tax deduction last year, prompting a closer compliance check this tax time. The tax office said it will be paying “close attention” to claims...

  18. ATO signals crackdown on 4 ineligible work-from-home claims

    related to earning income, and cannot be claimed by taxpayers who were forced to adapt from hybrid working arrangements last year. Other ineligible expenses include those related to a child’s education, like online learning courses or laptops, as well...

  19. ATO signals ‘significant’ technology overhaul

    will look like from 2023”. The three new contracts emerge off the back of the various MNS contracts signed by the ATO last year, which included a five-part deal with Optus worth $233 million, one with IBM worth $107 million, and another with Leidos...

  20. ATO should revise work-from-home travel expense eligibility: TSA

    calls for a review of travel expense claim entitlements for those working from home follow an alert issued by the ATO last week where it warned tax agents and taxpayers that it would be on the lookout for claims containing ineligible work-related...