Tax

ATO flags focus areas for combating $33.5bn ‘tax gap’

The ATO says it will be focusing on accessing new third-party data, automating audit processes, increasing its access...

30 November 2021 • By Miranda Brownlee

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Regulation

Shortcut method extension to accelerate pressure on ATO

The recent extension of the work-from-home shortcut method is set to put additional pressure on the ATO as citizens...

10 November 2021 • By Emma Musgrave

Regulation

Former ATO heads join boutique litigation firm

Two former ATO heads have joined a litigation firm’s tax disputes practice, effective immediately.

10 November 2021 • By Emma Musgrave

Business

ASIC and ATO circle 21 directors as part of illegal phoenixing surveillance...

ASIC and the ATO have successfully engaged with 21 directors across the 2020-21 financial year as part of the...

09 November 2021 • By Tony Zhang

Business

ATO flags awareness on rising scams across the year

The ATO is encouraging individuals and businesses along with related SMSFs to share tips and experiences with each...

08 November 2021 • By Tony Zhang

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

Business

ATO appoints Second Commissioner

The ATO has confirmed it has appointed a “strong and capable lead” to the role as Second Commissioner for the Tax...

01 November 2021 • By Emma Musgrave

Regulation

‘Baseless and reckless’: ATO flags concern on legal professional privilege...

The ATO has voiced its concern over the likelihood of “baseless and reckless” legal professional privilege (LLP)...

27 October 2021 • By Emma Musgrave

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