Regulation

The ATO’s new guidance on NFTs

The ATO has released a clarifying guide explaining the tax treatment of NFTs

03 November 2021 • By Shane Brunette, CEO of CryptoTaxCalculator

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Regulation

ATO to take ‘flexible’ approach on STP Phase 2

Commissioner of Tax Chris Jordan says the ATO is committed to taking a “flexible approach” in the expansion of STP...

25 October 2021 • By Emma Musgrave

Regulation

ATO cracks down on ‘high-risk’ behaviours

The ATO is calling on tax practitioners to help them address high-risk behaviours impacting the profession.

22 October 2021 • By Emma Musgrave

Business

‘The ATO is here for you’: Commissioner Chris Jordan reiterates support for...

Commissioner of Taxation Chris Jordan has outlined the ATO’s key objectives for the years ahead, which include...

21 October 2021 • By Emma Musgrave

Regulation

‘Not us versus them’: ATO opens up on relationship with accountants

The Tax Office says it’s learning to listen and engage more closely with the tax profession as it vows to repair a...

08 October 2021 • By Jotham Lian

Tax

ATO freezes $80m worth of assets detailed in Pandora Papers

A Gold Coast property developer has had more than $80 million worth of assets frozen by the Federal Court after he was...

08 October 2021 • By John Buckley

Regulation

Is the ATO awakening?

In July, my colleague Hayden Asper, wrote in this publication that when it came to collecting outstanding tax debts,...

06 October 2021 • By Glenn Crisp, Managing Partner, VIC - Jirsch Sutherland

Business

ATO sets out recommended approach to legal privilege claims

The ATO’s recommended approach to making legal professional privilege claims has now been published, providing tax...

23 September 2021 • By Jotham Lian

Business

ATO unfairly shut out late JobKeeper enrolments, says IGTO

The ATO failed to be “fair and reasonable” when considering late enrolments for the JobKeeper program, causing...

17 September 2021 • By Jotham Lian

Business

ATO lets ineligible businesses off the hook for $180m in JobKeeper payments

The Australian Tax Office has decided against chasing more than $180 million in misguided JobKeeper payments that...

13 September 2021 • By John Buckley

Business

Labour hire operators face jail for $4.6m illegal phoenixing scheme

A trio of labour hire operators will spend at least four years in jail after they were found to have charged clients...

13 September 2021 • By John Buckley

Tax

ATO prosecutions fall by 70% in FY21

A softer compliance approach coupled with proceedings slowed and stifled by public health orders saw prosecutions...

08 September 2021 • By John Buckley

Regulation

Can’t get to the office? Three tips to help your team manage ATO...

We’ve had to get used to working remotely, often at very short notice, and while no doubt your practice has been able...

26 August 2021 • By Business Automation Works

Tax

ATO to offer new lodgement support in September

The ATO will soon allow tax agents to request for extra time to lodge for up to five clients as it recognises the...

23 August 2021 • By Jotham Lian

Super

ATO issues administrative arrangements for COVID-19 super recontribution

The ATO has flagged new administrative arrangements for individuals wanting to recontribute amounts they withdrew...

17 August 2021 • By Jotham Lian

Regulation

Predicted ATO audit activity trends for 2021 & 2022

Be on the front foot with our ATO audit activity trend predictions and how to reduce the impact when they come in.

16 August 2021 • By Rod Spicer - Associate Director, Accountancy Insurance

Business

ATO locks horns with Senate over JobKeeper disclosure order

The Tax Commissioner has refused to comply with a Senate order that would have revealed over 10,000 businesses that...

13 August 2021 • By John Buckley and Jotham Lian

Tax

‘Expect to be reviewed’: ATO sends warning to cash-flow boost rorters

The Tax Office says businesses that made significant changes to their wages in order to obtain a higher amount of the...

05 August 2021 • By Jotham Lian