Tax

Tax

Get a head start on tax planning in 2021

It’s important for accounting professionals to start tax planning early to navigate changing government legislation...

09 March 2021 • By Intuit Quickbooks

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Tax

Scrap ‘outdated FBT’, says small business ombudsman

Removing fringe benefits tax, and allowing GST to be remitted at the point of sale, could make the tax system more...

05 March 2021 • By John Buckley

Tax

Restrict ATO audit time limit for tax agent lodgements: ASBFEO

Small businesses being serviced by registered tax and BAS agents should have their ATO review and audit period reduced...

04 March 2021 • By Jotham Lian

Tax

Revenue NSW issues JobKeeper payroll tax guidance

A new practice note from Revenue NSW has clarified the application of payroll tax on JobKeeper payments.

04 March 2021 • By Reporter

Tax

‘What’s a worthy deduction?’: IPA doubles down on new tax break

A new tax deduction to encourage individuals to retrain and reskill is as worthy as any other current deduction,...

03 March 2021 • By Jotham Lian

Tax

‘Much more complex’: ATO introduces new partnership profit guidelines

The Tax Office has released long-awaited partnership profit guidelines, three years after it first commenced a review...

03 March 2021 • By John Buckley

Tax

ATO on the hunt for 60,000 TPAR businesses

More than one in five businesses required to lodge a taxable payments annual report for the last financial year have...

02 March 2021 • By Jotham Lian

Tax

Scott Morrison to consider new aged care tax

Prime Minister Scott Morrison will give thought to a potential new aged care levy through the tax system, following...

01 March 2021 • By Jotham Lian