Tax

Tax

ATO defends stance on draft 100A

“Retrospectivity” is standard practice, the office says, and promoter penalties are no obstacle to advice.

22 March 2022 • By Philip King

more from tax

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

Tax

ATO Issues Warning Over Unpaid Crypto Taxes

The Australian Tax Office is advising accounting professionals to engage with their clients on their cryptocurrency...

18 March 2022 • By Accountancy Insurance

Tax

EV owners should help pay for roads: Poll

Most people back levies on electric vehicle users, according to a CPA Australia survey.

17 March 2022 • By Philip King

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

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

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

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