Tax
Tax
Josh Frydenberg expands instant asset write-off eligibility
Treasurer Josh Frydenberg has moved to expand the eligibility of the full expensing measure to allow bigger businesses...
23 November 2020 • By Jotham Lian
Tax
Tax watchdog sheds light into ATO covert audits
23 November 2020 • By Jotham Lian
Tax
Retirement Income Review highlights ‘inequity’ issues with tax...
23 November 2020 • By Miranda Brownlee
more from tax
Tax
Underreported BAS sales leads to 2.5 years in jail
A Queensland bricklayer will now face two-and-a-half years in jail after an ATO analysis of taxable payments reporting...
20 November 2020 • By Jotham Lian
Tax
ATO finalises SGC Part 7 penalty remission guidelines
The ATO has finalised its internal guidance on when it can remit the Part 7 penalty following the end of the...
20 November 2020 • By Jotham Lian
Tax
‘Keep reminding the ATO of the cost’: Former deputy commissioner flags audit...
Tax practitioners should remind ATO audit officers of the cost of compliance when facing exhaustive requests for...
18 November 2020 • By Jotham Lian
Tax
NSW pushes forward to replace stamp duty with land tax
New South Wales is set to make the transition from stamp duty to an annual land tax, as Treasurer Dominic Perrottet...
18 November 2020 • By Jotham Lian
Tax
ATO extends JobKeeper monthly declaration after system downtime
Late business monthly declarations for October JobKeeper payments will continue to be accepted by the ATO throughout...
17 November 2020 • By Jotham Lian
Tax
AAT rejects navy sailor’s work-related claims
A taxpayer, who the ATO contends bought work-related equipment “out of the generosity of his own heart”, has had his...
17 November 2020 • By Jotham Lian
Tax
Investment bank floats 5% work from home tax
Employees who continue to work from home after the pandemic should be taxed for the privilege, an investment bank has...
17 November 2020 • By Cameron Micallef