Tax

Tax

Chris Jordan speaks out on JobKeeper disclosure probe

Commissioner of Taxation Chris Jordan has spoken out about the Senate committee of privileges’ report that examined...

07 December 2021 • By Emma Musgrave

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Tax

ASIC releases annual audit report

The corporate watchdog’s audit inspection findings for the 12 months to 30 June have been released, highlighting some...

03 December 2021 • By Emma Musgrave

Tax

AAT urged to review evidence requirements for tax matters

The Tax Institute has called on the Administrative Appeals Tribunal to review its current processes and procedures for...

02 December 2021 • By Miranda Brownlee

Tax

Challenges flagged in fit and proper test recommendation

An accounting body is considering whether the fit and proper person test approach taken by legal practitioners is...

01 December 2021 • By Malavika Santhebennur

Tax

ATO flags focus areas for combating $33.5bn ‘tax gap’

The ATO says it will be focusing on accessing new third-party data, automating audit processes, increasing its access...

30 November 2021 • By Miranda Brownlee

Tax

Tax liability failure sees Qld director disqualified

ASIC has banned a Queensland director from managing corporations for five years following his failure to ensure that...

30 November 2021 • By Emma Musgrave

Tax

Failure to lodge tax documents sees director receive maximum penalty

A Western Australia director has been disqualified for the maximum period over his involvement in four failed companies.

29 November 2021 • By Emma Musgrave

Tax

Tax traps for Australians returning home

As Australia’s borders continue to reopen, so do a number of tax implications.

26 November 2021 • By Robyn Tongol