Tax

Poor succession planning exposing private groups to major tax bills: ATO

Privately owned and wealthy groups are increasingly being hit with unexpected tax consequences as the Tax Office homes...

23 May 2025 • By Miranda Brownlee

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Business

ATO issues checklist on obligations for business owners

The Tax Office has reminded new businesses to understand their obligations to ensure they stay compliant with tax,...

19 May 2025 • By Imogen Wilson

Business

ATO turning to creative methods to manage growing debt book

The ATO is increasingly employing non-traditional methods to crack down on expanding tax debts, including garnishee...

18 May 2025 • By Miranda Brownlee

Tax

ART upholds ATO’s view in decision on partnership distributions

The tribunal has upheld a decision by the Commissioner to include certain distributions from an accounting firm...

16 May 2025 • By Miranda Brownlee

Super

ATO dispels myths about super rules in response to fake articles

The Tax Office has issued an alert about circulating misinformation regarding super preservation rules.

14 May 2025 • By Keeli Cambourne

Tax

ATO’s debt book climbs to $105bn

The Commissioner has said the ATO will take deliberate and targeted action in its tax collection activities with total...

13 May 2025 • By Miranda Brownlee

Tax

ATO ‘hypervigilant’ with oversight of AI activities, Hirschhorn assures...

The Tax Office is becoming increasingly data-driven, but has implemented safeguards and procedures to prevent...

09 May 2025 • By Emma Partis

Tax

Air fryer fails tax deduction ‘pub test’: ATO

The Tax Office has revealed a list of “unbelievable” tax deduction attempts to remind taxpayers that their air fryer...

08 May 2025 • By Imogen Wilson

Tax

Merchant decision fortifies ATO’s position on Part IVA, accountants warned

The Full Federal Court decision demonstrates the full reach of Part IVA and has important implications for SME...

07 May 2025 • By Miranda Brownlee

Tax

$1k standard deduction to free up ATO’s resources, says H&R Block

Labor’s proposed $1,000 standard deduction looks set to proceed following the party's win in the federal election.

07 May 2025 • By Miranda Brownlee

Tax

Shaw decision warrants review of ATO’s approach to meal expenses: IFPA

The Commissioner may need to revise the ATO’s administrative approach to claims for meal expenses by long-distance...

04 May 2025 • By Miranda Brownlee

Appointments

Bentleys NSW adds former ATO director to tax leadership team

The professional services firm has welcomed the appointment of its new tax director, Chris Ryan.

30 April 2025 • By Imogen Wilson

Tax

ANAO urged to undertake audit into ATO tax debt reporting

A deeper review is needed into the composition of the $100 billion in tax debts and the ATO's debt collection...

30 April 2025 • By Miranda Brownlee

Tax

ATO responds to raft of inquiries on Bendel decision

The Tax Office has ruled out granting a blanket extension of time for lodgments by companies affected by the recent...

24 April 2025 • By Miranda Brownlee

Business

ATO to provide regulatory update at ACE25 Accounting Conference & Expo

Sonia Corsini, assistant commissioner at the ATO, will deliver a session outlining its key compliance activities and...

23 April 2025 • By Arabella Walton

Regulation

Tax Office issues fresh warning on in-house audits

Recent data matching activities by the ATO has identified hundreds of SMSF auditors who may still be conducting...

23 April 2025 • By Miranda Brownlee

Tax

ATO to appeal ART decision on truck driver’s meal expenses

The Commissioner of Taxation has filed a notice of appeal in the Federal Court against a decision concerning...

22 April 2025 • By Miranda Brownlee

Business

ATO to increase fixed rate for working from home expenses to 70c

The ATO will increase the fixed rate for calculating working from home expenses to 70 cents per hour from 1 July 2024.

22 April 2025 • By Imogen Wilson