Tax

The year the ATO came out on top – again

Tax Office decisions make a difference to the day-to-day running of every practice, so it's little wonder whatever it...

08 January 2024 • By Philip King

more from tag

Tax

ATO warns advisers against suspect R&D tax claims

Spending by associated entities or activities conducted overseas will be subject to increased scrutiny, the Tax Office...

18 December 2023 • By Philip King

Tax

Tax ombudsman launches probe into how ATO handles identity theft

The IGTO calls upon practitioners to detail their experiences of unauthorised access to the tax system.

15 December 2023 • By Philip King

Super

ATO disqualifies 223 SMSFs trustees

Hundreds failed to comply with super laws or raised concerns about their suitability, the office says.

08 December 2023 • By Keeli Cambourne

Tax

ATO will scrutinise fine print in employee v contractor issues

The Tax Office outlines its long-awaited compliance framework for differentiating between an employee and a contractor.

08 December 2023 • By Christine Chen

Tax

What Bendel exposes about ATO rulings

Landmark AAT decision casts doubt on a longstanding approach to unpaid present entitlements.

08 December 2023 • By Jeremy Makowski

Tax

ATO waives $48m under lodgement amnesty

Small businesses only have until the end of December to take advantage of the scheme, the Tax Office warns.

07 December 2023 • By Philip King

Tax

ATO pursues Coca-Cola for $174m diverted profits tax

The Tax Office’s arguments echo those raised in its landmark win against Pepsi last week.

05 December 2023 • By Christine Chen

Tax

ATO wins landmark diverted profits case against Pepsi

The Tax Office says its victory in the Federal Court should prompt multinationals with similar arrangements to review...

04 December 2023 • By Christine Chen

Business

Big 4’s toxic culture ‘alive and well’, says Labor senator

Despite nearly 10 months passing since the PwC tax scandal broke, Deborah O’Neill says the audit and consulting...

01 December 2023 • By Christine Chen

Tax

ATO slams brakes on debts campaign in face of backlash

Frustrated tax agents complained of letters about on-hold tax debts of just a few cents that were a waste of time to...

29 November 2023 • By Philip King

Business

ATO slips from top spot in public trust ranking

Process and outcome-related complaints were cited as reasons for a decline in trust and satisfaction in the Tax Office...

28 November 2023 • By Christine Chen

Super

ATO instals system to detect illegal SMSF early access

The first attempt to measure the problem will be able to determine the amounts involved and gather intelligence to...

27 November 2023 • By Keeli Cambourne

Technology

ATO bolsters defences around personal data

Security upgrades this week aim to counter an “unprecedented rise” in identity fraud.

24 November 2023 • By Philip King

Tax

ATO refuses to budge until result of Bendel case appeal

Its rulings on when a trust entitlement constitutes a loan remain in place and leave taxpayers with a dilemma,...

17 November 2023 • By Philip King

Business

ATO, banks revive legacy debts and return to court action

Many of the liabilities long predate the pandemic and the tax office is reviving companies to chase assets, Jirsch...

10 November 2023 • By Philip King

Tax

ATO targets utes in myth-busting FBT mission

Some employers are pushing the limits of the personal use exemption especially when it comes to vehicles, deputy...

09 November 2023 • By Miranda Brownlee

Super

ATO raises $973m in SG charge liabilities in FY23

The ATO finalised around 14,000 SG cases during the year, with around 90 per cent initiated by employees, compliance...

08 November 2023 • By Miranda Brownlee