Tax

Tax

ATO sets out Part 7 penalty remission process post-SG amnesty

The ATO has now issued a draft practice statement confirming its restriction on remitting the Part 7 penalty for...

31 July 2020 • By Jotham Lian

more from tax

Tax

Accounting bodies to weigh in heavily on JobKeeper 2.0 design

The professional accounting and tax bodies will soon present the Treasury with a laundry list of issues to be...

30 July 2020 • By Jotham Lian

Tax

‘Breach of transparency’: ATO called to disclose lodgement statistics

The ATO’s abrupt decision to stop providing lodgement statistics for tax time 2020 has been met with backlash from the...

29 July 2020 • By Jotham Lian

Tax

Incomplete ATO client lists highlighted ahead of TPAR deadline

The ATO’s recent mailout of clients with a taxable payments annual report obligation may be incomplete, with...

29 July 2020 • By Jotham Lian

Tax

‘A poor example for other agents’: AAT affirms agent termination over personal...

A Darwin tax agent is set to lose his registration for failing to deal with his personal tax obligations after the...

29 July 2020 • By Jotham Lian

Tax

ASBFEO calls for SG amnesty take-up as deadline looms

Small businesses have been urged to disclose historical superannuation guarantee shortfalls ahead of the...

28 July 2020 • By Tony Zhang

Tax

Deregistered agent jailed for $200k tax fraud

A former BAS agent has now been sentenced to three years in jail for fraudulently obtaining close to $200,000 through...

27 July 2020 • By Jotham Lian

Tax

Extended director penalty regime to catch out ‘zombie companies’

Directors of companies struggling through COVID-19 conditions could be at particular risk of the recently expanded...

27 July 2020 • By Jotham Lian