Tax

Accountants foreshadow ATO compliance storm

Accountants are bracing for a full recommencement of ATO audit and debt activity as recent signs point towards a...

23 February 2021

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Regulation

ATO opens claims for first JobMaker quarter

The first claim period for the JobMaker Hiring Credit scheme is now underway, with the ATO reminding employers that...

03 February 2021

Regulation

Proposed ATO penalty regime faces backlash

The government is unlikely to confer new powers to the ATO to allow it to impose administrative penalties on tax...

27 January 2021

Regulation

Former Sydney liquidator pleads guilty to fraud, dishonesty

A former registered liquidator who allegedly misappropriated close to $240,000 has pleaded guilty to fraud and...

22 January 2021

Tax

ATO pushed to ensure pro-bono tax clinics don’t crowd out practitioners

Tax clinics providing free support to vulnerable taxpayers should continue to be a feature of the tax system, but...

22 January 2021

Tax

ATO urged to clarify JobKeeper repayments tax treatment

With large corporate firms now beginning to return JobKeeper payments, the Tax Office has been urged to confirm if...

21 January 2021

Regulation

Liquidator sees registration suspended after AAT review

A registered liquidator has succeeded in reducing his banning order following a review by the Administrative Appeals...

14 January 2021

Regulation

Government tackles ATO scams with new telco rules

New rules that require telcos to detect, trace and block scam calls have now been registered, as such scams, including...

03 December 2020 • By Jotham Lian

Regulation

‘Judge, jury and executioner’: IPA shoots down proposed ATO penalty regime

A recommendation to equip the ATO with the power to penalise egregious tax agents directly has been slammed by the...

02 December 2020

Tax

Government to distance Tax Practitioners Board from ATO

The Tax Practitioners Board is set to become independent of the ATO as the government agrees in principle to...

27 November 2020 • By Jotham Lian

Business

Permanent disbarment, new ATO penalty regime recommended by TPB review

Heavy sanctions, including permanent disbarment by the Tax Practitioners Board and a new ATO administrative penalty...

27 November 2020 • By Jemelle Blanco

Regulation

What does 2021 have in store for ATO audit activity?

Promoted by Accountacy Insurance

26 November 2020 • By Roman Kaczynski - Director, Accountancy Insurance

Business

Government mulls mandatory e-invoicing adoption for all businesses

e-invoicing could soon be mandatory for all businesses as the government ponders over the best way to roll out the new...

25 November 2020 • By Jotham Lian

Regulation

ATO braces for flood of unscrupulous advisers

A spike in unqualified advisers approaching distressed clients amid the pandemic-induced recession has been...

19 November 2020

Regulation

Xero accounting practices can now automate their end-to-end ATO document...

Promoted by BAW Automation Cloud-based automation platform ATOmate fully integrates with Xero Practice Manager (XPM)...

09 November 2020 • By BAW Automation

Tax

ATO resumes audit business as usual position, eyes shadow economy

The ATO’s review and audit programs have now recommenced as it begins to turn its attention to the small-business...

03 November 2020

Tax

New resourcing of the ATO could address the $31bn tax gap

With more than $31 billion slipping through the cracks in Australia, an analysis could be in favour of strengthening...

02 November 2020

Regulation

TPB eyes sanction spike through joint ATO compliance program

Tax practitioner compliance actions are set to rise over the next 12 months as the Tax Practitioners Board and the ATO...

20 October 2020