Tax

Tax

Tax, BAS agent education standards set for overhaul following landmark review

Tax and BAS agents could be forced to follow in the footsteps of financial advisers and obtain new qualifications as...

27 November 2020 • By Jotham Lian

more from tax

Tax

Full expensing opt-out given tick of approval

The Treasurer’s move towards allowing businesses to opt out of fully expensing certain assets will provide flexibility...

26 November 2020 • By Jotham Lian

Tax

Barriers to tax and financial advice costing economy $630bn: CPA Australia

The economy could be better off by over $630 billion each year if every Australian accessed professional taxation and...

25 November 2020 • By Jotham Lian

Tax

Victoria unveils new payroll tax break

Victorian businesses that re-employ or hire new workers over the next two years are set to receive a new payroll tax...

24 November 2020 • By Jotham Lian

Tax

Josh Frydenberg expands instant asset write-off eligibility

Treasurer Josh Frydenberg has moved to expand the eligibility of the full expensing measure to allow bigger businesses...

23 November 2020 • By Jotham Lian

Tax

Tax watchdog sheds light into ATO covert audits

Covert audits by the ATO may be more common than you think, says the Inspector-General of Taxation. Here’s how to spot...

23 November 2020 • By Jotham Lian

Tax

Retirement Income Review highlights ‘inequity’ issues with tax concessions,...

While the Retirement Income Review concluded that Australia’s retirement income system is effective, sound and broadly...

23 November 2020 • By Miranda Brownlee

Tax

Underreported BAS sales leads to 2.5 years in jail

A Queensland bricklayer will now face two-and-a-half years in jail after an ATO analysis of taxable payments reporting...

20 November 2020 • By Jotham Lian