Tax

Tax

Accountants ‘livid’ over ATO trust crackdown

The recent ATO ruling on trust distributions is an “unfair” change to the game and accountants need to be aware that...

02 March 2022 • By Tony Zhang

more from tax

Tax

ATO launches campaign to target tax withholding on overseas royalties

ATO has embarked on a new campaign to target private wealth groups withholding tax on overseas royalties.

25 February 2022 • By Tony Zhang

Tax

Current tax system ‘not sustainable’

The federal government has been prompted to urgently address the nation’s taxation system, with a professional...

25 February 2022 • By Kyle Robbins

Tax

ATO releases new draft guidance products impacting private trusts

The ATO has released a suite of new guidance products that is set to have a major change on family trust distributions...

25 February 2022 • By Tony Zhang

Tax

‘Extend temporary tax relief’, says CPA Australia

In its pre-budget government submissions report, CPA Australia has urged the Australian government to extend temporary...

24 February 2022 • By Kyle Robbins

Tax

ATO investigation recovers $42m in illicit tobacco operation

The Australian Taxation Office (ATO) has helped secure another win in a major illicit tobacco operation.

23 February 2022 • By Emma Musgrave

Tax

Former franchisee denied tax agent registration

A former franchisee has been denied tax agent registration after failing to meet supervision and work experience...

23 February 2022 • By Reporter

Tax

Accountants warned on impact of High Court decisions on clients

A number of recent High Court decisions concerning the definition of independent contractors and employees could have...

23 February 2022 • By Miranda Brownlee