Tax

Tax

Preparing for STP Phase 2

The start date for Single Touch Payroll Phase 2 is fast approaching, but with everything going on around us at the...

24 September 2021 • By Robyn Tongol

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Tax

Rogue agent sees over 2,000 taxpayers impacted

Over 2,000 taxpayers in Western Australia who used an unregistered preparer to lodge their tax returns could now be...

21 September 2021 • By Jotham Lian

Tax

ATO eyes foreign income disguised as gifts, loans

The ATO will ramp up reviews and audits of Australian-resident taxpayers who attempt to conceal foreign source income...

21 September 2021 • By Jotham Lian

Tax

OnlyFans, Twitch, Patreon: ATO tightens the net on gig economy

Australians with side hustles, including those on online platforms OnlyFans, Patreon or Twitch, are being warned by...

20 September 2021 • By Jotham Lian

Tax

Examining the new frontier of estate disputes

With litigation involving death benefits in SMSFs on the rise, the time is ripe to evaluate your plans and ensure that...

17 September 2021 • By Robyn Tongol

Tax

Working from home during a COVID-19 lockdown: Can you claim a tax deduction...

The ATO has long held firm on the principle that rent payments (being a form of occupancy costs) are generally...

17 September 2021 • By Andrew Henshaw and Fiona Bucknall, Velocity Legal

Tax

Frydenberg shuns OECD’s GST reform recommendation

Treasurer Josh Frydenberg has ruled out broadening the GST base and increasing its rate despite the Organisation for...

16 September 2021 • By Jotham Lian

Tax

ATO fires warning shots on cryptocurrency cost base, record-keeping

The ATO has warned advisers new to cryptocurrencies to be aware of the components that comprise a crypto asset’s cost...

15 September 2021 • By John Buckley