Accountants Daily
Subscribe

Search Form

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

  1. 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...

  2. 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

  3. 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...

  4. 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...

  5. 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...

  6. 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...

  7. 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...

  8. Tax compliance blows out to $50bn, distrust grows

    suggests it costs $50 billion a year to comply with as a result of needless complexity, and mounting distrust. Released last week, the Case for Change is a 287-page report that points to the most burdensome areas of Australia’s tax system, and how each...

  9. Tax Commissioner wants to turn black economy to ‘lighter shade of grey’

    attention. “People do sort of pay attention to it, it does have an impact,” he said. “I was only talking to someone last night who was saying that the local baker that they go to has gone from a cash-only sign to EFTPOS now.”

  10. Tax Commissioner threatened with contempt as JobKeeper stoush escalates

    senator Rex Patrick urged the Senate to commence contempt proceedings against Commissioner of Taxation, Chris Jordan, last week for failing to comply with a final Senate order that required him to publish details related to large companies that received...

  11. Tax chief refuses to rule out third term

    not seek a third term but the ATO declined to confirm this in response to questions in the wake of an interview with him last month. Repeated requests failed to clarify the matter although the ATO said, in full: “The Commissioner is focused on his...

  12. Tax changes ‘damaging the future Australian economy’: Tim Wilson

    to feed the business community's risk appetite as the nation moves to “build a better future together” in the age of AI. Last Friday (19 June), legal AI platform JurisTechne hosted shadow treasurer Tim Wilson and NSW shadow minister for science and...

  13. Tax audit claim stats all accountants in Australia will want to know

    financial year. This has placed BAS Audits and Reviews into the number one position of all audit categories over the last 12 months. This is interesting because prior to the 2020-2021 financial year, BAS Audits and Reviews had remained steady since 2018...

    • Type: Article
    • Author: Rod Spicer & Roman Kaczynski
    • Category: Tax

  14. Tax assessment disputes require ‘satisfactory evidence’: AAT

    than assert that it is wrong, says the Administrative Appeals Tribunal in a recent hearing. Appearing before the tribunal last week, property developer Jason Behrndt objected to the ATO’s assessment of $470,000 in tax owed for the 2009, 2011, 2012 and...

  15. Tax and BAS agents could be hit with police checks

    a police check — that's another credibility item. “Watch this space, I was in a meeting with the chair of the TPB in the last week and they are certainly opening up on some of this.” [email protected]

  16. Tax an election hot topic, says accounting body

    licence to be bold when it comes to tax reform. A tax system built on simplicity and equity should be our collective goal.” Last week, the Tax Institute said the next 12 months is “going to be a big year in tax”. The Tax Institute’s senior tax counsel,...

  17. Tax agents, auditors targeted in SMSF non-lodgment crackdown

    be dealing with around 39,000 SMSFs in relation to non-lodgment issues. The ATO undertook a review of persistent non-lodgers last year, identifying around 49,000 funds who had two or more years of outstanding returns. “By July this year, we had worked...

  18. Tax agents smash deadline despite last-minute scramble

    The ATO revealed lodgement figures for SMSF annual returns were ahead of market expectations, after one of the busiest and most complex deadlines for high-net worth clients since the Howard and Costello era. ATO assistant commissioner Tara McLachlan...

  19. Tax agents raise concerns about ATO’s ‘disastrous’ rental income letters

    what ramifications communications like this can have, especially when they are completely wrong. The ATO issued a warning last year that it would be expanding its data-matching compliance program for rental properties as part of a crackdown on taxpayers...

  20. Tax agents hit with ‘petty’ ATO list of old debts as little as 4c

    off, say frustrated tax agents alarmed at the amount of extra work it has created. In a letter to some 28,000 tax agents last week, the ATO said it would offset clients’ tax refunds or credits against debts on hold that had been written off as...

Results 501 - 520 of 4011
You need to be a member to search Accountants Daily