Business

Foreign investor fined $370k as ATO cracks whip on land banking

A foreign investor was fined $370,000 for land banking practices as the ATO tightens its screws on those who breach...

22 September 2026 • By Malavika Santhebennur

more from tag

Business

Treasury floats giving ATO monthly PAYG determination power

New draft legislation to allow monthly PAYG would require those who have failed to meet their tax obligations to...

16 September 2026 • By Malavika Santhebennur

Business

ATO’s GIC alert for PAYG instalments a first, says accountant

A Sydney-based accountant has noted that she has never seen the Tax Office take any compliance action or send warning...

14 September 2026 • By Malavika Santhebennur

Business

ATO employee faces child abuse, corruption charges

An ATO staff member has been charged with corruption-related offences and possessing alleged child abuse material on...

11 September 2026 • By Malavika Santhebennur

Business

Property owner denied permission to appeal tax deduction challenge

A company that owns a commercial building in Western Australia has had its request to appeal an interlocutory ruling...

09 September 2026 • By Malavika Santhebennur

Business

Submission urges carve-out for new builds from SMSF LRBA ban

A joint submission has put forward five options to the government on the recent LRBA ban on residential property,...

08 September 2026 • By Malavika Santhebennur

Tax

ATO warns taxpayers on claiming WFH rent, interest deductions

It has become relatively common for many employees to work from home, at least part-time. This is why the ATO’s recent...

04 September 2026 • By Matthew Tse

Business

ATO issues GIC warning for PAYG instalments

The Tax Office has reminded tax agents and their clients that the GIC could apply where PAYG instalments have been...

03 September 2026 • By Malavika Santhebennur

Business

Trustee loses appeal in GIC remission case

A taxpayer has lost their appeal of a decision that dismissed their application to review the ATO’s refusal to remit...

02 September 2026 • By Malavika Santhebennur

Business

GST fraudster sent back to jail after breaching parole

A Perth man who spent almost $378,000 in fake GST refunds has returned to jail after breaching his parole conditions.

02 September 2026 • By Malavika Santhebennur

Technology

ATO addresses fraud putting forward ‘stringent security measures’

After it became aware of fraudulent activity targeting the systems of some tax professionals last month, the Tax...

01 September 2026 • By Carlos Tse

Business

Bendel ruling brings new burdens for accountants, expert warns

A tax specialist has told accountants to “follow the money” to determine if their clients will fall under the net of...

31 August 2026 • By Malavika Santhebennur

Business

CGT changes bring valuation headaches for small businesses

The apportionment method for asset valuation in the second tranche of legislation is an admission that the changes...

28 August 2026 • By Malavika Santhebennur

Business

Accountant’s stable of companies gets provisional liquidators

Having found it likely that ASIC will succeed in its winding-up application, the NSW Supreme Court has approved the...

25 August 2026 • By Naomi Neilson

Technology

Commissioner of Taxation on ATO’s digital future

Working hard to make a digital ATO landscape a reality, the Commissioner of Taxation has spoken about the future of...

24 August 2026 • By Carlos Tse

Business

Small accounting practices feeling the squeeze

The owner of a small practice has outlined the pressures of running his business as regulations change and the race to...

24 August 2026 • By Malavika Santhebennur

Business

OSfA’s modernity scrutinised amid 100 feature update backlog

With the digital landscape accelerating more than ever before, the ATO has accepted three recommendations made by the...

20 August 2026 • By Carlos Tse

Business

Fraudsters sentenced over $10.7m tax fraud and money laundering scheme

Four people have been sentenced following an investigation into a two-year ‘sophisticated money laundering and tax...

19 August 2026 • By Carlos Tse