Assuming last is required, the following 4045 results were found.

  1. ATO reveals STP reporting options for closely held payees

    payees will commence from 1 July, after it had granted these employers a one-year exemption in the midst of the pandemic last year. Guidance released by the ATO on Monday has revealed that small employers can report payments to closely held payees...

  2. ATO reveals improved tax compliance trend from big business

    tax compliance among large corporations, with Australia’s biggest corporations paying more than $57.2 billion tax in the last financial year. The Australian Taxation Office (ATO) has released its seventh annual report on corporate tax transparency...

  3. ATO reveals further details about monthly GST reporting push

    reporting,” he said. The ATO said this latest compliance action is part of its broader ‘Getting it right’ campaign launched last year. For this quarter, the Tax Office has also focused on the omission or incorrect reporting of income by contractors...

  4. ATO reveals auditor number misuse figures for 2017 and 2018

    The Australian Taxation Office has released the results of its investigation conducted last year into the misuse of SMSF auditor numbers from 2017 and 2018. In July 2019, the ATO said it reported the preliminary findings of its mail-out to SMSF...

  5. ATO reveals ASIC outcomes for SMSF auditors in FY2020

    of 19 SMSF auditors at their request during that year, following compliance concerns raised with them by the ATO or ASIC. Last month, ASIC reported that it had cancelled the registrations of 36 SMSF auditors and imposed conditions on a further six in...

  6. ATO reveals $5.2bn in GST tax gap 

    the ATO leading the way as one of the most digitalised revenue authorities in the world, according to Ms Jenkins. In the last 12 months, key ATO digital transformation milestones have positively impacted the administration of GST such as the...

  7. ATO reveals ‘very concerning’ number of misused auditor numbers

    breached the Code of Professional Conduct of the Tax Agent Services Act 2009 (TASA). “We referred five tax agents to the TPB last financial year for deliberate SAN misuse,” it said. The ATO said all SMSF auditors will get another opportunity to review...

  8. ATO retreats on contentious super issue

    up a second SMSF. The tax office has been particularly concerned about this strategy since the super reforms were enacted last year. “The ATO made some statements earlier this year about situations where clients may set up a second SMSF to circumvent...

  9. ATO responds to IGTO guidance on debt notification

    being accessible, and learning and improving. The report was issued partly in response to the ATO’s handling of on-old debts last year after it was told by the Australian National Audit Office in 2023 that it needed to review its practices concerning...

  10. ATO resolves errors in SMS alert service

    in its newly launched text message alert service for trustees that was flagged by a number of SMSF industry professionals. Last week, the new SMS alert service was mistakenly triggering alerts for SMSF trustees upon lodgement of their 2019 annual...

  11. ATO reports hundreds of thousands using online chat, social media for tax help

    chats so far this financial year. Use of social media channels has also surged for 2019’s tax time versus the same period last year. The ATO reports 19,000 posts have been directed at the ATO, with about 6,000 of those requiring a response. By...

  12. ATO reports 90% spike in scams, fraud

    In 2015 almost 87,000 phone and email scams were reported to the ATO, an increase of over 90 per cent from 2014. “In the last couple of years, not only have we seen a significant increase in the number of scams reported to us, but also the different...

  13. ATO rental property focus to keep accountants on their toes

    possible to maximise the cost base.” An increased emphasis from the ATO on the rental industry was flagged as early as late last year when the tax office’s assistant commissioner Kath Anderson spoke at the Accountants Daily Strategy Day and stated full...

  14. ATO renews focus on popular deduction

    made a commitment earlier this year to focus on 'other' work-related expenses, after $7.9 billion in claims were recorded last year between about 6.7 million Australian taxpayers. ATO assistant commissioner Kath Anderson said that the ATO's ability to...

  15. ATO reminds tax agents of new penalties approach

    The ATO has changed the way it applies penalty relief, effective 1 July this year. As advised last financial year, the ATO decided that, from 1 July 2018, it will not apply penalty to tax returns and activity statements where eligible clients have made...

  16. ATO reminds on rental property ‘hot issue’

    residential rental property that they will not be able to claim deductions for travel after new rules were introduced late last year. In November 2017, the government introduced new rules around tax deductions for travel expenses associated with...

  17. ATO releases record $573m in super on compassionate grounds

    grounds, it has also received a landmark amount in lost or unclaimed superannuation with an extra $2.1 billion added since last financial year. Deputy commissioner Emma Rosenzweig said it was a simple process to determine whether any of the lost super...

  18. ATO releases new guidelines on tax uncertainty for corporate clients

    the distribution statement to shareholders on franked dividends which is very similar to what the ATO did around this time last year with all the uncertainty as well and I guess it does provide a bit of comfort that if you have to change franking...

  19. ATO releases initial JobKeeper guidance

    business portal between 4 May and 31 May 2020. While the JobKeeper payments began on 30 March, legislation was only passed last week, and the ATO’s guidance now comes in the second fortnight period running from 13 April to 26 April. As such, the ATO...

  20. ATO releases draft rulings on Payday Super

    period." Tax professionals and other stakeholders have until 1 May to provide their feedback on each of the four rulings. Last month, ATO deputy commissioner Emma Rosenzweig said the move to Payday Super will help ensure employees receive their super...