Tax

ATO warns tax agents not to rely on property manager reports

Tax practitioners have been cautioned against relying on reports from property managers when preparing rental property...
22 July 2026 • By Miranda Brownlee

more from tag

Appointments

Perks welcomes 2 new directors to its tax and business advisory practice

South Australian accounting and wealth advisory firm Perks has appointed a tax consulting director and an accounting...
20 July 2026 • By Carlos Tse
Tax

Treasury’s taxation of trusts consultation ends before it begins

Before adding yet another layer of complexity to an already convoluted area of tax law, Treasury should step back and...
17 July 2026 • By Matthew Burgess
Tax

SMEs warned as ATO ramps up tax debt collection

One insolvency specialist has emphasised the importance of small businesses engaging their accountants to stay on top...
16 July 2026 • By Carlos Tse
Business

Nearly 70% in ‘double taxation’ confirmed in trust tax consultation paper

Tax experts have confirmed that Treasury has imposed double taxation on discretionary trusts through its consultation...
14 July 2026 • By Carlos Tse
Business

Extra tax on discretionary trusts only material for sufficiently profitable...

With insolvency risk on the horizon for struggling small businesses, one registered liquidator has said that the...
14 July 2026 • By Carlos Tse
Tax

‘Absolute madness’: rushed, unclear, unconsulted discretionary trust tax...

The impacts of the proposals in the discretionary trust tax consultation paper extend not only to accountants and tax...
13 July 2026 • By Carlos Tse
Tax

ATO addresses concerns around staff training, vulnerable taxpayers

The Commissioner of Taxation has assured tax professionals that the ATO continues to invest in training its staff to...
12 July 2026 • By Miranda Brownlee
Tax

Treasury consultation paper sheds light on discretionary tax changes

With Treasury’s consultation paper on discretionary trust tax now out, experts are picking apart its implications for...
10 July 2026 • By Carlos Tse
Business

Further relief needed for genuine employers under Payday Super: The Tax...

A tax counsel has called for further improvements to the Payday Super regime, with employers still facing substantial...
10 July 2026 • By Carlos Tse
Tax

Commissioner responds to tax agent concerns over GIC remission

The Tax Office says its requirements for GIC remission have not changed and has encouraged tax agents to send examples...
10 July 2026 • By Miranda Brownlee
Default image
Business

Managing client anxiety about when to lodge tax returns

With mainstream media outlets awash with think pieces saying everything from ‘lodge now before it’s too late’ to...
09 July 2026 • By Jerome Doraisamy
Tax

Tax Office targets gambler's $600k windfall

A grocery worker with an extensive gambling habit has been penalised for failing to disclose an income that was more...
07 July 2026 • By Carlos Tse
Tax

Tax planning 101: when accountants fail to get the basics right for themselves

A recent Federal Court decision offers a stark warning for advisers and taxpayers alike, writes Matthew Burgess.
07 July 2026 • By Matthew Burgess
Tax

First Nations taxpayers invited to shape ATO review

First Nations taxpayers suffer from insufficient access to services and support to guide them through the tax system,...
07 July 2026 • By Carlos Tse
Tax

Potential ATO data-matching prompts taxpayers to disclose FTDT liabilities early

One tax professional has warned that taxpayers must engage early with tax advisers to avoid GIC on their FTDT and...
03 July 2026 • By Carlos Tse
Tax

‘Time to time’ objection allocation delays could be a resourcing issue, tax...

Backlogs for taxpayers waiting for a complaints officer could be as high as 7,000-strong, a tax lawyer said.
02 July 2026 • By Carlos Tse
Tax

The end of lenient tax debt deals and what it means for your practice risk

The ATO's tougher stance on tax debt is forcing accountants to rethink how they advise struggling clients. As informal...
01 July 2026 • By Mackay Goodwin