Tax

Tax

Tax Office urged to be sensible around cash-flow boost reviews

The ATO’s compliance work around the cash-flow boost will need to take into account closely held entities who have...

04 September 2020 • By Jotham Lian

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Tax

Lower corporate tax rate to 25%, says Tax Institute

A single corporate tax rate, no higher than 25 per cent, should be adopted as part of major tax reform in the wake of...

03 September 2020 • By Jotham Lian

Tax

TPB releases draft guidance on tax file number usage

Tax practitioners who include a client’s tax file number in email correspondence without taking reasonable security...

02 September 2020 • By Jotham Lian

Tax

CPA Australia calls for amnesty for early release errors

With more than 3 million Australians applying for the early release of super, the government should consider an...

02 September 2020 • By Miranda Brownlee

Tax

JobKeeper 2.0 legislation passed

JobKeeper 2.0 legislation has now passed both houses, with minor amendments that will ensure accountants are entrusted...

01 September 2020 • By Jotham Lian

Tax

ATO eyes ‘unusual or unexpected’ PAYG cash-flow boost changes

Businesses that made sudden or unexpected changes to PAYG withholding amounts to increase their entitlement to the...

01 September 2020 • By Jotham Lian

Tax

Tribunal rejects $25,000 work-related car expenses claim

A construction worker who attempted to claim $25,000 in work-related car expenses has had his appeal turned down by...

01 September 2020 • By Jotham Lian

Tax

ATO, tax agent COVID-19 scams on the rise, warns mid-tier

ATO scams are continuing to rear their ugly head, with a mid-tier warning that tax agent numbers are now being used by...

01 September 2020 • By Jotham Lian