Tax

Tax

ATO cops backlash on delayed Everett assignment guidelines

The Tax Office’s 30-month-long review of how professional firms engage in income splitting has yet to result in draft...

24 July 2020 • By Jotham Lian

more from tax

Tax

‘Triumph of bureaucratic, systems-based thinking’: JobKeeper anomaly left...

The government has failed to address a JobKeeper anomaly where new entities have been denied access due to their...

23 July 2020 • By Jotham Lian

Tax

Accounting profession waits on JobKeeper 2.0 guidance

The accounting profession has cautiously welcomed the extension to JobKeeper as it awaits further guidance from the...

22 July 2020 • By Jotham Lian

Tax

Over 800,000 Australians dip into super again

Appetite for the early access to superannuation scheme has failed to slow down, with over 800,000 Australians now...

20 July 2020 • By Jotham Lian

Tax

Tax time 2020 – what’s different this year?

With a whole range of legislative changes and so many Australians under financial stress as a result of COVID-19, this...

20 July 2020 • By Tasha Levy

Tax

JobKeeper, Centrelink data-matching program begins

Services Australia will begin sending letters to Australians who are incorrectly claiming both JobKeeper and social...

20 July 2020 • By Jotham Lian

Tax

Yes, there are millionaires who pay no tax, but crimping deductions mightn’t...

For some people, tax time will result in no tax paid this year, and if past years are anything to go by, about 50 of...

17 July 2020 • By Ann Kayis-Kumar, Chris Evans, Youngdeok Lim, UNSW

Tax

ATO records ‘biggest 1 July ever’ with 640% spike

Over 1.7 million Australians have now lodged their tax returns in the first two weeks of the new financial year,...

16 July 2020 • By Jotham Lian