Regulation

Deferred ATO ruling leads to hopes of better NALE approach

The Tax Office’s recent deferral of finalising its ruling around how it will address both non-arm’s length income and...

05 June 2020 • By Adrian Flores

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Tax

ATO’s ‘well-meaning’ JobKeeper GST guidance backfires

The ATO’s guidance over the use of a cash or accruals approach to calculating turnover in relation to the JobKeeper...

30 April 2020

Regulation

Former KPMG partner secures high-ranking ATO role

A former KPMG partner has now been formally appointed as a second commissioner of the Australian Taxation Office.

16 April 2020

Regulation

ATO clarifies COVID-19 rent relief concerns

The Australian Taxation Office has responded to widespread concerns on whether SMSF landlords providing rent relief to...

30 March 2020 • By Adrian Flores

Tax

ATO rates itself as a ‘good’ regulator despite declines in key areas

The Tax Office says its performance as a regulator remains “good” in all areas despite a blowout in private ruling...

03 March 2020

Super

ATO investment strategy guidance ‘unnecessary’: SUPERCentral

The recent SMSF investment strategy guidelines provided by the Australian Taxation Office are “unnecessary” as they...

28 February 2020 • By Adrian Flores

Tax

ATO tipped to adopt ‘benign approach’ to PAYG instalment variations

The ATO is expected to adopt a “benign approach” to PAYG instalment variations in the wake of recent disasters, says...

25 February 2020

Webcasts

Accountants Daily Live: Digital transformation and the ATO

Hear directly from the ATO as we embark on a year of digital transformation, starting with the transition to myGovID....

11 February 2020 • By Jeremiah Sebastian

Tax

Assistant Treasurer puts ATO on notice over tax profession interaction

The Assistant Treasurer has vowed to improve the way the ATO interacts with tax agents and ensure that due respect is...

02 December 2019

Regulation

‘PDF is not e-invoicing’: ATO explains new payment experience

The ATO is currently working on rolling out e-invoicing for Australian businesses, with the marketed benefits of cost...

25 November 2019

Business

ATO digs deep on business visits, cash payments

With the ATO now visiting about 10,000 Australian companies every year, should business owners have anything to fear?...

22 November 2019

Super

Preparing for the new wave of ATO SMSF reporting

Promoted by SuperConcepts With the push for integrity and accuracy in the wider superannuation system, SMSFs are next...

18 November 2019 • By Philip La Greca - Executive Manager, SMSF Technical Services, SuperConcepts

Tax

$21m tax scheme forces ATO to make system changes

The Tax Office says it has now implemented changes to its system to prevent large-scale tax fraud, such as the Western...

15 November 2019

Business

Are small businesses using the ATO as a bank?

Recent figures show that over 800,000 small businesses are currently on payment plans with the ATO to help them to pay...

08 November 2019 • By Tasha Levy

Regulation

Inquiry mute on dedicated compensation for ATO outages

Accountants hoping for easier access to compensation for major ATO system outages have had their hopes all but dashed,...

05 November 2019

Regulation

‘The time has come’: Joint accounting bodies lobby for regulatory framework...

Australia’s three major professional accounting bodies have now re-established the joint accounting bodies alliance in...

31 October 2019

Regulation

‘Community expectations have changed’: TPB signals new regulatory focus

Tax agent terminations spiked by 208 per cent in the last financial year, with complaints and referrals increasing by...

25 October 2019

Tax

1 in 4 complaints about ATO debt collection: IGTO

The ATO’s debt collection tactics continue to form the bulk of complaints received by the Taxation Ombudsman, giving...

25 October 2019 • By Jemelle Blanco