Tax

Tax

‘Expect to be reviewed’: ATO sends warning to cash-flow boost rorters

The Tax Office says businesses that made significant changes to their wages in order to obtain a higher amount of the...

05 August 2021 • By Jotham Lian

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Tax

COVID-19 payments to individuals, businesses to be tax-free under law change

COVID-19 support payments received by individuals and businesses are set to be treated as non-assessable non-exempt...

03 August 2021 • By Jotham Lian

Tax

‘A direct attack on the profession’: Labor called to ditch $3k deduction cap...

Federal Labor has been urged to come clean on its plan to introduce a $3,000 deduction cap for managing tax affairs, a...

03 August 2021 • By Jotham Lian

Tax

ATO faces pressure over 85% lodgement benchmark review

Tax agents are calling on the Inspector-General of Taxation to review the ATO’s administration of the 85 per cent...

03 August 2021 • By John Buckley

Tax

ATO cracks down on property investors as errors creep up

The ATO has sent a warning to property investors this tax time after it found rental income and deduction errors in...

03 August 2021 • By John Buckley

Tax

Maptek founder accused of $38.5m tax fraud

The 74-year-old Adelaide-based mining tech entrepreneur has been charged with hiding overseas assets over 15 years to...

30 July 2021 • By John Buckley

Tax

COVID-19 disaster payments to be tax-free: Prime Minister Scott Morrison

Prime Minister Scott Morrison has declared that COVID-19 disaster payments will now be tax-free, a policy change that...

30 July 2021 • By Jotham Lian

Tax

ATO urged to reintroduce work-from-home shortcut

As workers across the country are forced to continue working from home, the ATO should reintroduce the...

30 July 2021 • By John Buckley