Tax

Tax

ATO updates online payment plans

Payment plans on online services for agents have now been updated to include better-tailored plans for clients.

24 December 2020 • By Reporter

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Tax

A taxing year: Wrapping up 2020 and looking ahead to 2021

2020 will certainly go down in the history books as one of the toughest years faced by the accounting profession. But...

18 December 2020 • By Robyn Tongol

Tax

ATO thanks tax profession

As the tax profession prepares to wind down for the festive season, the ATO has thanked them for their hard work in a...

18 December 2020 • By Reporter

Tax

Tax Office releases loss carry-back guidance

Information around the recently legislated loss carry-back tax offset has now been published by the Tax Office.

18 December 2020 • By Jotham Lian

Tax

Tax agents advised on incoming ATO certificates

Tax agents may soon receive an ATO certificate of tax information on behalf of travel agent clients who have applied...

16 December 2020 • By Jotham Lian

Tax

Treasurer slashes financial reporting requirement for charities

Over 5,000 charities will no longer need to produce financial reports or an audited statement as the government looks...

16 December 2020 • By Jotham Lian

Tax

FBT and Christmas: It’s that time of the year

With the festive season fast approaching, accountants have been encouraged to remind their business clients on...

15 December 2020 • By Jotham Lian

Tax

Coronavirus grants now tax-free

Legislation aimed at ensuring coronavirus small business grants are not subject to income tax has now passed both...

11 December 2020 • By Jotham Lian