Tax

Tax

Small businesses overlooked on opting out of full expensing as bill passes...

Changes to the temporary full expensing measure have now sailed through both houses of Parliament despite opt-out...

10 December 2020 • By Jotham Lian

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Tax

FBT guide updated following small business turnover increase

Changes to the small business entity turnover threshold have now been reflected in the ATO’s fringe benefits tax guide...

09 December 2020 • By Jotham Lian

Tax

ATO called out over ‘inconsistent’ work-related expenses case

The Tax Institute has begun engaging with the ATO over a recent tribunal decision on work-related deductions,...

07 December 2020 • By Jotham Lian

Tax

JobKeeper dob-ins hit 10k

Over 10,000 tip-offs to the ATO this year have centred around allegations of misconduct relating to JobKeeper payments...

07 December 2020 • By Jotham Lian

Tax

Temporary full expensing changes tabled in Parliament

Legislation aimed at widening access and giving greater flexibility to access the temporary full expensing measure has...

02 December 2020 • By Jotham Lian

Tax

ATO extends eBay, Amazon data-matching program

Up to 30,000 eBay and Amazon sale transactions are set to be scrutinised by the ATO as it looks to identify taxpayers...

02 December 2020 • By Jotham Lian

Tax

ATO extends JobKeeper deadlines ahead of Christmas, New Year

JobKeeper deadlines for the second extension period have now been extended by the ATO ahead of the festive season.

01 December 2020 • By Jotham Lian

Tax

How Australians are taking advantage of income tax cuts

New research has offered insight into how Australians intend to save the gains generated from income tax cuts rolled...

01 December 2020 • By Emma Musgrave