Tax
Tax
‘No benefit’: H&R Block casts doubt on standard deductions
The reasons why the 2009 Henry review’s standardised reductions were found to be unworkable still ring true today,...
30 April 2021 • By John Buckley
Tax
Cloud based and still spending hours managing ATO documents?...
29 April 2021 • By Business Automation Works
Tax
Tribunal overturns tax agent’s 5-year ban, laments ‘regrettable’ TPB...
29 April 2021 • By Jotham Lian
more from tax
Tax
Standardised deductions won’t hurt demand for tax agents: CA ANZ, CPA Australia
The nation’s accounting bodies have raised questions over the scope and modelling that underpins rehashed calls for a...
28 April 2021 • By John Buckley
Tax
Scrap tax returns and save on accounting fees, says think tank
Australia should introduce an opt-in standardised $3,000 deduction covering work-related expenses and other personal...
27 April 2021 • By John Buckley
Tax
‘Increase the rate, broaden the base’: Looking at GST 20 years on
Consumption tax should be raised to 20 per cent or broadened to cover a wider base, says tax experts as debate over...
27 April 2021 • By John Buckley
Tax
ATO finalises guidance on new discretion to retain refunds
ATO officers will now be expected to explain to taxpayers why their tax refunds are being retained, after laws were...
27 April 2021 • By Jotham Lian
Tax
CA ANZ pushes back against ATO’s ‘outdated’ personal services income approach
Chartered accountants have taken aim at the ATO’s “out of touch” approach to the allocation of professional firm...
26 April 2021 • By Jotham Lian
Tax
WA man charged over $2.57m tax evasion, ATO impersonation
A Perth man could face up to 22 years in jail for impersonating an ATO officer and failing to declare $7 million in...
26 April 2021 • By John Buckley
Tax
ATO promises not to ‘destroy’ businesses as it resumes debt collection
Businesses struggling with tax debts have been urged to re-engage with the ATO as it pledges not to “destroy the very...
23 April 2021 • By Jotham Lian