Tax
Tax
What you need to know to manage your client’s crypto tax return as an Accountant
As the world of cryptocurrency grows, so does the need for accountants to understand the industry and its relevant tax...
16 May 2022 • By CryptoTaxCalculator
Tax
Pets, gyms and concert tickets can incur FBT, says ATO
16 May 2022 • By Tony Zhang
Tax
Legal change needed for certainty over 100A
13 May 2022 • By Philip King
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Tax
ATO issuing 30-40 penalty notices a day – and rising
Office steps up debt collection with scores of director penalty notices and hundreds of credit referrals.
13 May 2022 • By Philip King
Tax
Warning shot frightens directors into action on debt
The ATO’s threat of an imminent penalty notice has resulted in inquiries running hot at insolvency specialists.
13 May 2022 • By Philip King
Tax
100A guidance rides roughshod over diversity, says CPA Australia
The range of examples in the ATO trust ruling fails to reflect Australian cultural reality, says Elinor Kasapidis.
13 May 2022 • By Philip King
Tax
ATO issues alert over GST refund scams
Practitioners need to be on the lookout for any suspicious arrangements from clients and be ready to rectify them with...
13 May 2022 • By Tony Zhang
Tax
100A audits now ‘a lottery’
Concerns about retrospectivity are justified, says tax lawyer.
12 May 2022 • By Philip King
Tax
ASIC bans directors over phoenixing and ATO debt
A Tasmanian director had engaged in illegal phoenixing for several years while a Queensland director racked up almost...
12 May 2022 • By Tony Zhang
Tax
Lifestyles of the rich can raise a red flag, says ATO
The office has revised its list of activities that may attract scrutiny.
10 May 2022 • By Philip King