Tax

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

more from tax

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

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

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

Tax

Adviser review meets mixed response

Tax and super bodies cautiously welcome the Quality of Advice Review but say it needs more time and does not go far...

14 March 2022 • By Philip King

Tax

Petrol prices mean car allowance ‘undercooked’

The ATO has got its sums wrong with its increase in vehicle deductions by just 3¢ per kilometre.

14 March 2022 • By Philip King

Tax

9 out of 10 auditors struggle to prevent fraud amid pandemic

Attempts to contain deceptive behaviour by business have failed during COVID, a global survey finds.

11 March 2022 • By Tony Zhang

Tax

Audit office turns spotlight on ATO efficiency

Accountants are welcoming the chance to tell the ATO exactly how they feel.

10 March 2022 • By Philip King