Tax

Tax

ATO releases revised WFH expense claims guidance

UPDATED: The shortcut method adopted during the pandemic ended on June 30 and PCG 2022/D4 changes the game.

02 November 2022 • By Philip King

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Tax

Budget: ATO expected to reap $5.6bn from crackdown

Multinationals, the shadow economy, and individual taxpayers will be targeted thanks to an extra $1.5bn in funding.

27 October 2022 • By Philip King

Tax

Budget: what it means for the tax profession

UPDATED: Accounting firms and organisations offer their verdicts on the first test of Labor’s economic credentials.

25 October 2022 • By Philip King

Tax

ATO to target individual taxpayers over $8bn shortfall

Work expenses, omitted income, and rental claims will come in for extra scrutiny to narrow the tax gap.

24 October 2022 • By Philip King

Tax

ATO relaxes lodgment deadlines for flood-hit zones

With four different states facing catastrophic flooding, the Tax Office has revived previous support schemes.

21 October 2022 • By Josh Needs

Tax

Small business debt and tax gap at top of ATO hit list

Second Commissioner says the sector is the biggest culprit and digitisation will be key to bringing it around.

21 October 2022 • By Philip King

Tax

Politicians damned for ‘dumb’ attempts at tax reform

Australia is saddled with an overcomplex system that punishes families, former ATO lieutenant says.

20 October 2022 • By Philip King

Tax

Slug on high-income earners a budget option: H&R Block

Cost-of-living support could be funded by a levy on the top marginal rate, says executive.

20 October 2022 • By Josh Needs