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

  1. 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...

  2. 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...

  3. 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...

  4. 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,...

  5. 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...

  6. ATO pencils October start date for tax audits

    a parliamentary committee has heard. ATO second commissioner Jeremy Hirschhorn told a Senate Select Committee on COVID-19 last week that the Tax Office has refrained from initiating new audits since the pandemic hit, redeploying its auditors instead to...

  7. ATO pays businesses $150 to vent on client-agent linking

    of paid consults with taxpayers who have recently been through the revised system, according to a letter sent out to agents last week. The ATO will pay businesses $150 to air out their grievances with client-agent linking as part of a review underway to...

  8. ATO outlines plans for systems during tax time

    by the confirmation from the Commissioner Chris Jordan AO yesterday that the system outages earlier this year and late last year were hardware related, and that the ATO has reached a commercial settlement with Hewlett Packard Enterprises (HPE). “We've...

  9. ATO outlines focus areas for SMSF auditor compliance in 2025

    with independence requirements as part of their professional obligations. Following an increase in referrals to ASIC in the last financial year that included independence issues, the ATO will focus on auditors it considers high risk. This includes...

  10. ATO opens claims for first JobMaker quarter

    up to $10,400 for each eligible employee hired. Employers who hired new eligible workers under the age of 35 from 7 October last year can now claim their first JobMaker Hiring Credits using ATO online services, Online services for business or the...

  11. ATO on the hunt for 60,000 TPAR businesses

    More than one in five businesses required to lodge a taxable payments annual report for the last financial year have yet to do so. The ATO estimates that around 280,000 businesses are required to lodge a taxable payments annual report (TPAR) for the...

  12. ATO on 'aggressive' debt recovery hunt

    owing money and pushing them into insolvency if required, with one mid-tier firm citing a recent spike in insolvencies. Last week, solvency and forensic accounting firm Worrells released The Worrells Insolvency Report 2015-16. Looking back over the last...

  13. ATO offers guidance on proposed asset deductibility scheme

    to allow small business an immediate deduction for each asset they buy costing less than $20,000. The scheme, announced in last week’s federal Budget, will apply to small businesses with a turnover of less than $2 million dollars and will back-date...

    • Type: Article
    • Author: Michael Masterman
    • Category: Regulation
  14. ATO not targeting honest Payday Super mistakes, draft PCG says

    laws stipulated that firms could still be deemed ‘low risk’ if occasional late payments are made due to processing errors. Last Thursday (9 October), the ATO published its draft practical compliance guide (PCG) for the government’s long-awaited Payday...

  15. ATO needs to pivot from ‘team Australia’ moment

    New Zealand (CA ANZ), said while the ATO is currently in the midst of its self-quoted “transformation period”, expected to last until 2024, the office will likely need to make a series of adjustments in order to respond effectively to the state of the...

  16. ATO names big 4 firm in outages review

    appointed a big four accounting firm to conduct an independent review into the widespread digital outages that began late last year, as its CIO issues an apology letter. PwC has been appointed to review the widespread system outages experienced by the...

  17. ATO NALI ruling is welcome, but gaps remain, SMSF Association says

    The SMSF Association has welcomed a long-awaited ruling from the ATO regarding non-arm’s length income and contributions. Last Wednesday (24 September), the Commissioner of Taxation published its rulings on non-arm’s length income (LCR 2021/2) and...

  18. ATO mulls options with on-hold tax debts

    of dollars’ worth of tax debts it deemed “uneconomic to pursue” after pausing its debt awareness campaign in November last year. The Tax Office notified tax agents in October that it would be offsetting clients’ tax refunds or credits against debts on...

  19. ATO moves towards self-assessment for RTP schedule

    right amount of tax, fostering broader willing participation and engagement across the tax and superannuation system. Late last year, the Tax Office released their Action Differentiation Framework (ADF), providing insight into their strategic approach...

  20. ATO movement sparks audit, reviews concern

    the ATO to extend the operation of the Tax Avoidance Taskforce and to expand the Taskforce’s programs and market coverage. Last week, ATO deputy commissioner Deborah Jenkins announced that the Tax Office will launch a new black economy hotline on 1 July...