Tax

Federal Court
Tax

Federal Court hands out highest-ever $22.68m penalty to tax exploitation...

A former tax agent and chartered accountant has been hit with $22.68 million in penalties after being found to have...
16 February 2021 • By Jotham Lian

more from tax

Tax Office reveals early super fraud numbers
Tax

Tax Office reveals early super fraud numbers

The ATO has released estimates around the rates of fraud through the early release of super scheme, while a taskforce...
12 February 2021 • By Sarah Simpkins
ATO
Tax

ATO pressured to correct JobKeeper, cash flow boost eligibility oversight

Pressure is mounting on the ATO to expedite remedial action for all businesses that were wrongly denied JobKeeper or...
11 February 2021 • By Jotham Lian
Susan Franks
Tax

Extend and expand loss carry-back tax offset, says CA ANZ

A permanent tax loss carry-back scheme extended to unincorporated businesses should be high on the government’s budget...
10 February 2021 • By Jotham Lian
ATO
Tax

ATO reveals STP reporting options for closely held payees

Employers with closely held payees will now have three options to report payments through Single Touch Payroll,...
09 February 2021 • By Jotham Lian
CA ANZ
Tax

CA ANZ takes aim at proposed tax deduction

A new tax deduction to help individuals upskill or retrain is neither effective nor affordable, says Chartered...
08 February 2021 • By Jotham Lian
AAT
Tax

Tax agent who told ATO officer to commit ‘suicide’ disqualified

A tax agent who engaged in unprofessional and threatening conduct towards ATO and TPB officers has been denied a stay...
05 February 2021 • By Jotham Lian
Parliament
Tax

Government pulled up on small business full expensing discrepancy

Pressure has been placed on the government to correct an oversight in its full expensing measure that tax experts...
03 February 2021 • By Jotham Lian