Advertisement

Tax

ATO
Tax

Early payments will earn automatic interest, says ATO

The ATO will automatically credit a bank account where a liability has been met ahead of schedule.
18 March 2022 • By Tony Zhang

more from tax

ATO
Tax

ATO urges urgent action on cyber security

Accountants need to strengthen their digital systems as the risks for taxpayers rise, says the Tax Office.
17 March 2022 • By Tony Zhang
Mark Chapman
Tax

COVID deductions ‘rely on work-related purpose’

Existing rules already allow claims for rapid antigen tests and other pandemic kit required by employers, says H&R...
16 March 2022 • By Philip King
ATO
Tax

ATO releases temporary measure to fix SuperStream delays

New support will address issues facing many accountants around SuperStream rollovers.
16 March 2022 • By Tony Zhang
Mark Chapman
Tax

‘Ignore crypto at your peril’

Many clients fail to understand the implications of trading in cryptocurrency and accountants neglect to bring the...
15 March 2022 • By Philip King
Michael Croker
Tax

CA ANZ calls for clarity on employee-contractor distinction

The ATO has to make its position clear on the difference between employees and contractors because businesses remain...
15 March 2022 • By Tony Zhang
ATO
Tax

ATO flags penalties for overdue TPAR lodgements

The ATO will apply penalties to clients who have not lodged their Taxable payments annual report on time.
15 March 2022 • By Tony Zhang
ATO
Tax

Mum-and-dad businesses ‘blindsided’ by ATO trust ruling, says NTAA

The organisation says 10,000 members at the coalface of accounting are exposed by the retrospective nature of 100A...
14 March 2022 • By Philip King