Tax

Tax

ATO apologises over incorrect company tax rate

The Tax Office has corrected an error that saw it apply the wrong company tax rate to pay-as-you-go instalments.

10 November 2020 • By Jotham Lian

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Tax

Taxpayer convicted over false tax claims

A taxpayer who amended his agent-prepared tax return in a bid to claim further deductions has been fined and placed on...

09 November 2020 • By Jotham Lian

Tax

Tax reform: The case for change

As we emerge from the economic crisis caused by the COVID-19 pandemic, there has never been a better time to focus on...

06 November 2020 • By Robyn Jacobson, The Tax Institute

Tax

Loss carry-back sleeper issue ‘not ideal for cash flow’

Businesses looking to utilise the temporary loss carry-back provisions have been reminded that they will have to wait...

06 November 2020 • By Jotham Lian

Tax

NSW announces payroll tax relief for new jobs

A $250 million job funding program featuring zero payroll tax for up to four years has been announced by the New South...

06 November 2020 • By Jotham Lian

Tax

Federal Court imposes $40k fine on unregistered tax agent

An unregistered tax agent that had over 500 clients on her books has now been fined $40,000 by the Federal Court.

05 November 2020 • By Jotham Lian

Tax

Refreshed R&D tax incentive guidance launched

Refreshed research and development tax incentive guidance, touted to be easier to understand for businesses, has now...

05 November 2020 • By Jotham Lian

Tax

ATO to examine data on 10m individuals under new JobKeeper compliance program

The ATO’s data-matching program with the Department of Home Affairs will be extended for another three years, with a...

04 November 2020 • By Jotham Lian