Tax

Board of Tax commences low value imported goods GST review
Tax

Board of Taxation commences low-value imported goods GST review

The Board of Taxation will now review the collection of GST on low-value imported goods, including the effectiveness...
06 July 2021 • By Jotham Lian

more from tax

130 countries join framework for international tax reform
Tax

130 countries join framework for international tax reform

The countries, which account for more than 90 per cent of the world’s GDP, have come together to force multinational...
05 July 2021 • By John Buckley
Karen Payne
Tax

Diving into the tax watchdog’s latest report on undisputed tax debts

The ATO’s debt book has swollen to $34 billion, with COVID-19 exacerbating an issue that has been growing over the...
02 July 2021 • By Robyn Tongol
CA ANZ CPA IPA
Tax

Joint accounting bodies take aim at ‘complex, inconsistent’ reporting red tape

Unnecessary complexity and inconsistency in Australia’s financial reporting and audit regulations is stifling...
02 July 2021 • By Jotham Lian
Financial reporting thresholds raised for 5,000 charities
Tax

Financial reporting thresholds raised for 5,000 charities

Over 5,000 charities will no longer have to produce reviewed or audited financial statements as the government lifts...
01 July 2021 • By Jotham Lian
Ian Klug
Tax

TPB sends warning to unregistered preparers as tax time 2021 begins

The Tax Practitioners Board has used a recent Federal Court case involving a myGov-lodging former tax agent as a...
01 July 2021 • By Jotham Lian
David Boya
Tax

Super deductions emerge as leading tax planning strategy: ChangeGPS

Tax agents have turned to super deductions in huge numbers so far this year, with the deduction accounting for 71 per...
01 July 2021 • By John Buckley
ATO’s $34bn debt book outpaces economic growth: Inspector-General of Taxation
Tax

ATO’s $34bn debt book outpaces economic growth: Inspector-General of Taxation

The ATO’s debt book jumped by 77.6 per cent to $34.1 billion in just four years, with a small number of taxpayers...
30 June 2021 • By Jotham Lian