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

  1. ATO real-time push exposes ‘danger’ pattern

    to in real-time, are setting themselves up for significant trouble under the ATO’s planned real-time reporting push. Late last year, the ATO suggested that super funds may soon be required to report things such as pension commencements and commutations...

  2. ATO reaches settlement post-crash, releases report findings

    tax professionals, as the Commissioner confirms a settlement has been reached with Hewlett Packard Enterprises In December last year, the ATO’s digital systems experienced what Commissioner Chris Jordan named the “worst unplanned system outage in recent...

  3. ATO rates itself as a ‘good’ regulator despite declines in key areas

    community feedback, and identifying where it can improve as part of the “Better as Usual” work program announced in August last year.

  4. ATO ramps up landlord crackdown using rental bond data

    from state and territory regulators to expand its data-matching program, according to a government gazette notice last week. The ATO said the data would be collected twice a year between 2023–24 and 2025–26 and be used to identify non-compliant...

  5. ATO raises concerns over $200m in illegal SMSF loans

    each year in the form of prohibited loans, ATO assistant commissioner Justin Micael has warned. The ATO previously outlined last month that $635 million had been withdrawn from SMSFs illegally over a two year period. However, this estimate does not...

  6. ATO queried over Top 100 engagement approach

    all Top 100 taxpayers, according to newly released guidance, even if they manage to secure a high assurance score. The ATO last week released guidance on its approach to monitoring and maintenance among its Top 100 Justified Trust Program, which will...

  7. ATO puts developments on hold until systems stabilise

    Commissioner Chris Jordan AO reflected on the year past, admitting that they only partly delivered their commitments from last year’s convention. “As promised to you last year, we set about fixing the major irritants with the portal and Client...

  8. ATO puts 50,000 directors on notice

    PAYG to now include unpaid GST, superannuation, wine equalisation tax and luxury car tax. “The notices are being sent to the last known address of the company’s directors as disclosed on a search of the records of ASIC,” he said. “If the director has...

  9. ATO pursues former EY partner for alleged tax exploitation scheme

    will continue to take serious action against anyone who attempts to exploit or undermine the integrity of the tax system.” Last month in response to the PwC tax secrets scandal the government filed draft legislation that includes substantially increased...

  10. ATO pursues Coca-Cola for $174m diverted profits tax

    The Tax Office’s arguments echo those raised in its landmark win against Pepsi last week. The Coca-Cola Company shifted around $435 million in profits overseas and is liable for $174 million in diverted profits tax if withholding tax does not apply,...

  11. ATO provides further clarity on DIN process

    with respect to the director identification number process and outlined some of the ATO’s longer-term plans. In June last year, the government passed laws introducing the requirement for all directors of a company in Australia to have a director...

  12. ATO provides end-of-year deadlines ahead of annual closure

    2021, will be processed from 4 January 2022 and SG quarterly payments are due on 28 January 2022. The ATO will send its last tax return status email, which reports the actions it is taking when processing clients’ tax returns, in the week commencing 13...

  13. ATO provides BEPS update

    it requires change, domestically and internationally”. In his speech to the Tax Institute of Australia conference in Hobart last month, commissioner of taxation Chris Jordan said the ATO is focused on working more closely with partner tax agencies to...

    • Type: Article
    • Author: Michael Masterman
    • Category: Regulation
  14. ATO prosecutions fall by 70% in FY21

    The ATO’s prosecution results showed that prosecutions for more serious tax-related crime were down on levels recorded last year, though only marginally. In the FY21, the ATO prosecuted 20 cases, all of which resulted in convictions. The 20 cases dished...

  15. ATO pressured to correct JobKeeper, cash flow boost eligibility oversight

    for all businesses that were wrongly denied JobKeeper or the cash flow boost, following a report by the tax watchdog. Late last year, the Inspector-General of Taxation and Taxation Ombudsman (IGTO) found that the ATO had erred in determining a...

  16. ATO position ‘has litigation written all over it’

    a series of binding nominations in 2018, 19, 20 21, when they concluded it was a member benefit,” Mr Burgess said. “But then last year they issued another one where they concluded it was a death benefit… and they have confirmed to us that they do have...

  17. ATO portal’s 24-hour malfunction vexes tax agents

    it disrupts your workflow during the day. Whatever you're doing, you have to put down and come back to it the next day.” Last week, the OSfA dashboard reported an outage for client correspondence for just under seven hours, days before the financial...

  18. ATO plans publicity campaign for final WFH guidance

    processes and have supported the development of the guidance materials.” The initial response from the tax industry last November was damning, with the director of tax communications at H&R Block Mark Chapman one of the sternest critics. He said the PCG...

  19. ATO plans auditor blitz for 18/19

    of 93 did not satisfy auditing benchmarks. Findings like this suggest “ongoing attention” is warranted, Mr Price said. Late last year, ASIC said audit firms would be subject to inspection in FY17/18 with a focus on asset values, revenue recognition,...

  20. ATO phone contractor lodges ‘same job, same pay’ application

    tax agents in this review. Agents are reporting an increasingly poor experience with the ATO’s agent phone line over the last two years, citing inconsistent advice and a lack of suitably skilled staff. This is contributing to a general feeling of not...