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Tax

ATO
Tax

$5.3bn in tax refunds begin to flow from the ATO

Over $5.3 billion in tax refunds have now been paid out by the ATO, less than a month into tax time.
29 July 2021 • By Jotham Lian

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Practitioners left scratching their heads over ASIC’s latest estimated industry funding levy
Tax

‘Give us a fair go’: Practitioners left scratching their heads over ASIC’s...

The latest ASIC estimated industry funding levy proved a “sobering read” for auditors and advisers, while the...
27 July 2021 • By John Buckley
NSW rolls out payroll tax reductions
Tax

NSW rolls out payroll tax reductions, deferrals

NSW businesses will now have access to further payroll tax support as the state enters its fifth week of lockdown.
26 July 2021 • By Jotham Lian
Inheritance tax could address questions of financial inequality
Tax

Inheritance tax could address questions of financial inequality: The Tax...

With a low rate and an appropriate threshold, the reintroduction of a proportionate inheritance tax could go a way in...
23 July 2021 • By John Buckley
Law firm poaches tax partner from MinterEllison
Tax

Law firm poaches tax partner from MinterEllison

Law firm Holding Redlich has bolstered its tax controversy practice with two new hires from Australia’s largest law...
21 July 2021 • By John Buckley
ATO zeroes in on lifestyle assets
Tax

ATO zeroes in on lifestyle assets

The ATO will now have information on an individual’s new $65,000 car or their $100,000 boat as it looks to flush out...
20 July 2021 • By Jotham Lian
Scrap luxury car tax to incentivise EV uptake
Tax

Scrap luxury car tax to incentivise EV uptake: Grattan

The Australian think tank suggests that, in order to achieve net zero emissions by 2050, the federal government should...
20 July 2021 • By John Buckley
Andrew Mills
Tax

Tax compliance blows out to $50bn, distrust grows

A tax system that has been tweaked and altered only “around the edges” is long overdue for core intervention,...
19 July 2021 • By John Buckley