Tax

Greg Travers
Tax

97% of tax revenue comes from 5 taxes; let’s talk about the remaining 3%

In Australia, five taxes make up 97 per cent of our tax revenue, so what are these five and does, the remaining 3 per...
23 October 2020 • By Greg Travers, William Buck

more from tax

ATO
Tax

ATO details COVID-19 hit on revenue and lodgement targets

A $1.3 billion shortfall saw the ATO fail to hit its compliance revenue target for the year as it adjusted its...
22 October 2020 • By Jotham Lian
Scott Treatt
Tax

Former ATO assistant commissioner joins The Tax Institute

A former ATO assistant commissioner has now joined The Tax Institute as its new tax policy and advocacy lead.
22 October 2020 • By Tony Zhang
ATO
Tax

ATO reveals first-ever total tax gap of $31bn

The ATO believes $31.2 billion in taxes continues to be unaccounted for as it publishes its tax gap analysis for the...
20 October 2020 • By Jotham Lian
scam
Tax

Taxpayers warned on latest TFN scam

A consumer watchdog has warned Australians to be vigilant against the latest phone scam.
20 October 2020 • By Cameron Micallef
ATO
Tax

ATO urged to rethink tax ruling overhaul

The ATO has been urged to tread carefully with its plan to retire 16 occupational and industry-specific taxation...
16 October 2020 • By Jotham Lian
turnover certificate
Tax

JobKeeper legacy decline in turnover certificate ‘not a tax agent service’: TPB

BAS agents providing the 10 per cent decline in turnover certificate for JobKeeper legacy employers are not providing...
15 October 2020 • By Jotham Lian
Small business shut out from loss carry back
Tax

‘Unnecessary and unfair’: Small business shut out from loss carry back

Thousands of small businesses are set to miss out on accessing the temporary loss carry back provisions due to its...
15 October 2020 • By Jotham Lian