Tax

Tax

Redraw blurred lines between work and home, ATO warns

Lines between expenses related to business and personal use that became fuzzy during the pandemic need to be brought...

26 August 2022 • By Philip King

more from tax

Tax

180k July returns needed fixing, says ATO

Thousands required adjustment due to taxpayers jumping the gun on lodgements or changing prefills.

22 August 2022 • By Philip King

Tax

Frustrating reality of ATO overlooked in audit report

Favourable scorecard fails to align with the day-to-day experience of tax agents.

19 August 2022 • By John Jeffreys

Tax

Small-business debt a key target, ATO reveals

Increasing digitisation and lowering collectible debt are centrepieces of the office’s latest corporate plan.

18 August 2022 • By Philip King

Tax

Labor following through on tax pledges, says IPA

But the government has been silent on small-business incentives left over from the March budget.

16 August 2022 • By Philip King

Tax

‘Wholesale reform’ only route to sustainable tax system

With an ageing population and increasing pressures on the budget, the revenue base needs an overhaul, says Tony Greco.

15 August 2022 • By Philip King

Tax

Decade of budget deficits leaves Australia exposed

Australia is sleepwalking into an economic twilight zone with record debt and an acceptance that budget deficits are...

12 August 2022 • By Philip King

Tax

How Div 7A changes the game for companies and trusts

The ATO’s final guidance on Division 7A heralds the end of sub-trust arrangements for unpaid present entitlements.

12 August 2022 • By Robyn Jacobson