Tax

Payroll, bookkeeping meddling lands 7-Eleven operators in more hot water

The regulators are again heralding an increased focus on record keeping after the operators of a Queensland-based...

05 June 2018

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Regulation

IGT launches investigation into ATO garnishee notices

The Inspector-General of Taxation has announced the terms of reference in its investigation into the ATO’s alleged use...

16 May 2018

Regulation

FWO offers assurance over ATO system hiccups

The Fair Work Ombudsman has provided reassurance for bookkeepers by confirming that it will not be taking any action...

03 May 2018

Regulation

Lobby mounts as accredited accountants set for further mandatory education

An association body will be lobbying alongside accounting bodies to push for accountants’ familiarity with code of...

18 April 2018

Regulation

‘Defies belief’: liquidators hit back in face of $14K fees

An association has hit out at the indicative levies for ASIC’s industry funding model, believing that liquidators have...

11 April 2018

Tax

IRS, ATO data causing a stir

The income tax compliance of expats under US law is creating concern in light of new data sharing arrangements between...

09 March 2018

Technology

‘No blanket extensions’: ATO set to contact 150,000 in STP push

Only five of about 140 software developers registered to provide single touch payroll (STP) services are ready ahead...

01 March 2018 • By Jemelle Blanco

Technology

‘Technology is technology’: ATO bosses confident in system stability despite...

The ATO’s second commissioner told tax agents he is confident the new portals won’t be plagued with instability like...

23 February 2018 • By Jemelle Blanco

Tax

5,000 tax agents linked to key ATO compliance target

SMSF lodgement is a major compliance focus for the tax office, and its monitoring and surveillance have found 5,000...

16 February 2018

Tax

ATO gets defensive on big business tax compliance

As discontent stirs about the tough stance on small work-related expenses deductions, the ATO has issued a statement...

16 February 2018

Regulation

ATO cops criticism for slow, clumsy STP rollout

A payroll provider has hit out at the ATO for failing to finalise single touch payroll specifications, believing it...

15 February 2018

Super

ATO finds mismatches in super balance reporting

The tax office is already beginning to see inconsistencies arising in balance reporting for superannuation, due to...

15 February 2018

Regulation

Financial services, regulator exec blasts ‘castigated’ instos

Institutions, which would include those flogging licensing services to accountants, are not effectively managing risks...

29 January 2018

Regulation

ATO cancels thousands of ABNs in non-lodgement blitz

The tax office has cancelled the ABNs of over 9,000 SMSFs as part of its non-lodgement swoop.

29 November 2017

Regulation

‘Sigh of relief’ in new ATO position

An accounting body has lent its support to the ATO’s position on event-based reporting, believing it will provide more...

10 November 2017

Regulation

‘A bad thing times 10’: ATO set for new blitz

The status of tens of thousands of SMSFs currently hangs in the balance, with the post-reform environment prompting...

25 October 2017

Tax

ATO pushes clients to dob in tax agents with rego doubts

The tax office has issued a communication to taxpayers encouraging them to check the registration of their tax or BAS...

24 October 2017

Regulation

ATO adviser urges bookkeepers: ‘don’t judge Simpler BAS’

Bookkeepers who agree with claims that Simpler BAS is “not as simple” might be missing the purpose of the changes to...

27 September 2017