Tax

ASIC
Tax

ASIC disqualifies director over ATO compliance failures

ASIC has disqualified a construction company director over failures to comply with the ATO over related party...
11 February 2022 • By Reporter

more from tax

ATO reveals $5.2bn in GST tax gap 
Tax

ATO reveals $5.2bn in GST tax gap

The ATO believes around $5.2 billion in goods and services tax continues to be unaccounted for as it saw an over 20...
09 February 2022 • By Tony Zhang
Josh Frydenberg
Tax

Accountants back move to make COVID-19 testing tax-deductible

Professional accounting bodies have welcomed the federal government’s move to make COVID-19 testing expenses...
08 February 2022 • By Emma Musgrave
ATO
Tax

ATO flags e-invoicing opportunities for businesses

The ATO has urged businesses to consider the use of e-invoicing as it becomes the new and improved way to send and...
07 February 2022 • By Tony Zhang
Tax organisations urged to better safeguard client information
Tax

Tax organisations urged to better safeguard client information

The ATO is urging tax professionals to be more vigilant when it comes to protecting client information, both on and...
04 February 2022 • By Accountancy Insurance
Andrew Watson
Tax

Digitalisation of record-keeping the key to a seamless tax time

After a problematic few pandemic-riddled years, many businesses could be forgiven for relegating record-keeping and...
04 February 2022 • By Kyle Robbins
AAT
Tax

Tax agent terminated for dishonesty

A decision by the Tax Practitioners Board (TPB) to terminate a Victorian tax agent’s registration has been upheld by...
04 February 2022 • By Kyle Robbins
‘Shot across the bow’: ATO puts professional firm profit allocations on notice
Tax

‘Shot across the bow’: ATO puts professional firm profit allocations on notice

Accountants and business leaders who hold equity positions in their firms and split profits between personal income...
03 February 2022 • By Tony Zhang