Tax

Tax

ASIC failed to question KPMG tax bill despite Shipton’s concerns

ASIC will commence implementing new expense policies and thresholds after an independent review took aim at its...

02 February 2021 • By Jotham Lian

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Tax

Revisit unincorporated small business tax discount, government told

Significantly increasing the unincorporated small business tax discount’s $1,000 cap to a meaningful amount should be...

25 January 2021 • By Jotham Lian

Tax

‘Back to the drawing board’: CPA Australia pours cold water on new tax deduction

The government has been told to abandon plans to allow taxpayers to claim deductions for education and training...

22 January 2021 • By Jotham Lian

Tax

ATO pushed to ensure pro-bono tax clinics don’t crowd out practitioners

Tax clinics providing free support to vulnerable taxpayers should continue to be a feature of the tax system, but...

22 January 2021 • By Jotham Lian

Tax

Payroll tax audit activity surges as a result of data matching

We have recently seen a surge in payroll tax audit activity as the state revenue authorities have received data from...

21 January 2021 • By Fletch Heinemann, Cooper Grace Ward Lawyers

Tax

ATO urged to clarify JobKeeper repayments tax treatment

With large corporate firms now beginning to return JobKeeper payments, the Tax Office has been urged to confirm if...

21 January 2021 • By Jotham Lian

Tax

ATO launches appeal against JobKeeper decision

The ATO has turned to the Federal Court in an attempt to overturn an Administrative Appeals Tribunal decision that...

20 January 2021 • By Jotham Lian

Tax

Flashy cars, low income: ATO eyes tax-dodging red flag

Black economy participants and tax dodgers driving luxury cars will continue to come under ATO scrutiny as it looks to...

20 January 2021 • By Jotham Lian