Tax

Tony Greco
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

more from tax

Tax agent terminated
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
David Hughes
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
AAT
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
Surgeon denied release tax debt
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
Jeremy Hirschhorn ATO
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
Federal Court
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
ATO
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