Tax

Tax

Flashy cars, low income: ATO eyes tax-dodging red flag

Black economy participants and tax dodgers driving luxury cars will continue to come under ATO scrutiny as it looks to...

20 January 2021 • By Jotham Lian

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Tax

ATO tipped to be ‘unshackled’ in 2021

The ATO has been tipped to devote more resources to its audit and debt collections teams over the coming months as the...

15 January 2021 • By Jotham Lian

Tax

IPA reignites call for small business CGT concessions reform

The government has been urged to turn its eye towards the small business capital gains tax concessions as fears mount...

13 January 2021 • By Jotham Lian

Tax

Ombudsman calls for ‘transparent and predictable’ R&D tax incentive

Eligibility requirements for the research and development tax incentive should be overhauled, says the Australian...

12 January 2021 • By Jotham Lian

Tax

Treasurer details tax-free coronavirus grants

Six Victorian coronavirus grant programs will now be exempt from income tax following a declaration from Treasurer...

08 January 2021 • By Jotham Lian

Tax

Returning Australian expats cautioned on tax traps

Thousands of Australian expats waiting to return home amid the coronavirus pandemic have been urged to give thought to...

08 January 2021 • By Jotham Lian

Tax

ASIC defends handling of Shipton’s tax expense probe

ASIC has revealed why it chose to delay sending correspondence around embattled chair James Shipton’s expenses to the...

08 January 2021 • By Sarah Kendell

Tax

80¢ per hour work-from-home deduction method extended

Taxpayers continuing to work from home in the new year will be allowed to continue using the simplified...

07 January 2021 • By Jotham Lian