Assuming last is required, the following 4075 results were found.

  1. Tax Institute pushes for July 2023 start for new TBAR system

    not commence until 1 July 2023, given the difficult period faced by tax professionals in the past two years. In November last year, the ATO released a consultation on moving to a single transfer balance cap events-based reporting framework for all...

  2. Tax Institute pulls apart government's GST position

    the Tax Institute spotted an apparent oversight in the Treasury Laws Amendment (Enterprise Tax Plan) Act 2017, which passed last year. The amendment meant that under Section 29-40 of the A New Tax System (Goods and Services Tax) Act 1999 (GST Act),...

  3. Tax Institute labels $20K tax break ‘confusing’

    Institute has warned small businesses to read the fine print and not get caught out by confusing elements of the tax break. Last month, the government announced that legislation to extend the $20,000 instant asset write-off for small businesses for...

  4. Tax Institute debuts new tax education system

    industry wanted from graduates and what higher education could provide. “There is no doubt in my mind, we have seen in the last several years, the decline in higher education and the growth in vocational education and microcredentials.” The Tax...

  5. Tax Institute calls for greater clarity in ATO rental property tax guidance

    freshly updated guidance on rental property tax deductions, The Tax Institute has called for clarity and accessibility. Last November, the ATO updated its tax ruling on rental property deductions, signalling a shift in its treatment of rental tax...

  6. Tax Institute appoints Todd Want as 2024 president

    Institute has appointed Todd Want, head of tax at William Buck, as president for 2024 following his term as vice president last year. Mr Want had sat on the institute’s national council, NSW professional development committee and state council for...

  7. Tax Institute appoints Marg Marshall 2023 president

    Tax Institute has appointed experienced tax adviser Marg Marshall as president in 2023 following a term as vice-president last year. It said Ms Marshall, a partner at WLF Accounting & Advisory in Hobart, was a key figure in the profession with over 25...

  8. Tax Institute announces shake-up of vision, objectives

    professional success”. Mr Lendrum replaced long-serving chief executive Noel Rowland, who resigned suddenly in September last year. “This is already evident in the launch of the Women in Tax National Congress and the Women in Tax website, designed to...

  9. Tax industry claims partial victory against government’s code changes

    do to stop obligations around client disclosures and confidentiality from materialising. Assistant Treasurer Stephen Jones’ last-minute announcement on the eve of the 1 August start date comes after weeks of warnings and intense lobbying from the...

  10. Tax implications differ greatly between member withdrawal and death benefit

    consider it,” he said. “Taking premature action will move the member into a hostile tax environment but leaving it until the last minute may be too late. Notably, if action is taken, the member needs to be medically capable of giving instructions and...

  11. Tax experts highlight data disruption

    to keep on top of the changing tax landscape. “In terms of universities, we can’t teach tax the same way we have over the last 30 years. I think the analysis of data, the use of data has to be integrated into the syllabus so that people not only become...

  12. Tax experts contemplate small business tax cut plans

    experts. Following the failure to secure passage of the remainder of the corporate tax cuts for businesses over $50 million last month, ex-prime minister Malcolm Turnbull said the government would instead focus on enhancing its tax plans for small- to...

  13. Tax expert slams NSW government over ‘sloppy’ communications on IAWO

    owners contain misleading and inaccurate statements about the instant asset write-off measure, a tax specialist has said. Last week, the NSW government issued problematic email communication about the instant asset write-off (IAWO) incentive to the...

  14. Tax dodging sees accountant banned in $1.4m mess

    disqualified Jason Andrew Hammond from regional NSW after his involvement in three failed companies. The ban took effect last week, and will extend to 2023. The corporate regulator found, among a list of items, that Mr Hammond failed to pay tax and...

  15. Tax deductions flagged for super in lead-up to EOFY

    and the rule has been scrapped since 1 July 2017. With Labor planning to reintroduce the 10 per cent rule, this may be the last financial year that those predominately earning their income from employment would be able to use this strategy. Additional...

    • Type: Article
    • Author: Reporter
    • Category: Super
  16. Tax debt transparency laws: the ATO’s new 'big stick'

    disclosure error, says one industry body. Exposure draft legislation for the transparency of business tax debts was released last week, aiming to allow the ATO to disclose business tax debts to credit reporting bureaus where the businesses have not...

  17. Tax debt ‘unacceptably high’ among small private groups: ATO

    these rules, the better the system will be.” She said after the ATO’s Division 7A campaign achieved “great engagement” last year, it would be launching a similar webinar series focused on family trust distributions tax in 2025. Clarke said the ATO was...

  18. Tax cuts set to flow ‘within a few days or weeks’

    to factor in the retrospective cuts. With the Morrison government’s stage 2 income tax cuts sailing through Parliament last week, the ATO now anticipates that it will be able to publish updated tax withholding schedules over the next few days. Despite...

  19. Tax credit draft ruling will encourage ‘aggressive claims’: Tax Institute

    for claiming an input tax or fuel tax credit, with its draft ruling set to encourage “aggressive claims” from taxpayers. Last year, the tax office released Draft Miscellaneous Taxation Ruling MT 2018/D1 which sets its view on time limits for entitlement...

  20. Tax consequences highlighted ahead of trans-Tasman bubble

    for domestic travel, too, which is expected to see growth fueled by corporate travel. A report released by Deloitte last week forecast increased travel due to “pent-up demand,” as a result of increased consumer confidence off the back of the pandemic...