Tax
Tax
Government urged to get the ball rolling with Division 7A
It’s been close to five years since proposed changes to Division 7A were first announced, but the profession remains...
25 February 2021 • By Jotham Lian
Tax
Accountants foreshadow ATO compliance storm
23 February 2021 • By Jotham Lian
Tax
Treasury floats increase to charities’ financial reporting threshold
23 February 2021 • By Jotham Lian
more from tax
Tax
Tax agent terminated after trying to bribe client to withdraw complaint
The Tax Practitioners Board has terminated the registration of a company tax agent after the agent attempted to...
22 February 2021 • By Jotham Lian
Tax
Tax administration lessons learnt from COVID-19 (and promptly forgotten)
Although most of us will remember 2020 as a year of enormous disruption and difficulties, it likely represents the...
19 February 2021 • By David Hughes, McCullough Robertson Lawyers
Tax
Overclaimed work-related expenses see agent disqualified
A recent tribunal case that saw a tax agent’s registration terminated over eight incompetently prepared income tax...
19 February 2021 • By Jotham Lian
Tax
Surgeon denied release of $1.2m tax debt
A medical practitioner with tax debts of close to $1.2 million has been denied a release of his liabilities after...
18 February 2021 • By Jotham Lian
Tax
ATO to claw back $155m in JobKeeper overpayments
The ATO has set its eyes on recovering a further $155 million in JobKeeper payments that were paid out to businesses...
17 February 2021 • By Jotham Lian
Tax
Federal Court hands out highest-ever $22.68m penalty to tax exploitation...
A former tax agent and chartered accountant has been hit with $22.68 million in penalties after being found to have...
16 February 2021 • By Jotham Lian
Tax
ATO walks back on digital instalment notices change
The Tax Office has agreed to temporarily revert to issuing paper instalment notices for PAYG following feedback from...
15 February 2021 • By Jotham Lian