Tax

Tax

ATO ‘intimidating’ firms under new partner profit guidelines: IPA

Accounting firms are being intimidated by the ATO into conservative tax arrangements, says one major body, as tensions...

16 April 2021 • By Jotham Lian

more from tax

Tax

‘Unconscious bias’: ATO reviews should rely on independent experts

The ATO’s independent review service should involve an independent expert to account for unconscious bias, says one...

15 April 2021 • By John Buckley

Tax

ATO to ramp up audits to capture unpaid duty on alcohol

Bottle shops and restaurants can soon expect contact from the ATO and potential audit action as it looks to tighten...

13 April 2021 • By John Buckley

Tax

NSW government pushed for details on proposed property tax

The New South Wales government’s plan to replace stamp duty with an annual property tax could result in purchaser...

12 April 2021 • By Jotham Lian

Tax

Tax consequences highlighted ahead of trans-Tasman bubble

As international border restrictions between Australia and New Zealand lift, and corporate events ramp back up,...

12 April 2021 • By John Buckley

Tax

ATO updates guidance on promoter penalty laws

The Tax Office has released updated guidance on how it will apply promoter penalty laws which now includes the...

09 April 2021 • By Jotham Lian

Tax

Tribunal upholds agent’s registration termination over $860k tax debt

A tax agent who failed to pay more than $860,000 in personal tax liabilities has seen the TPB’s decision to terminate...

09 April 2021 • By John Buckley

Tax

ATO publishes guidance on early loss carry-back, temporary full expensing claims

Practitioners helping clients claim the loss carry-back tax offset before 1 July have been advised to file the claim...

08 April 2021 • By Jotham Lian