Tax

Government to distance Tax Practitioners Board from ATO
Tax

Government to distance Tax Practitioners Board from ATO

The Tax Practitioners Board is set to become independent of the ATO as the government agrees in principle to...
27 November 2020 • By Jotham Lian

more from tax

CPA Australia
Tax

Barriers to tax and financial advice costing economy $630bn: CPA Australia

The economy could be better off by over $630 billion each year if every Australian accessed professional taxation and...
25 November 2020 • By Jotham Lian
Victoria unveils new payroll tax break
Tax

Victoria unveils new payroll tax break

Victorian businesses that re-employ or hire new workers over the next two years are set to receive a new payroll tax...
24 November 2020 • By Jotham Lian
Josh Frydenberg
Tax

Josh Frydenberg expands instant asset write-off eligibility

Treasurer Josh Frydenberg has moved to expand the eligibility of the full expensing measure to allow bigger businesses...
23 November 2020 • By Jotham Lian
Karen Payne
Tax

Tax watchdog sheds light into ATO covert audits

Covert audits by the ATO may be more common than you think, says the Inspector-General of Taxation. Here’s how to spot...
23 November 2020 • By Jotham Lian
Retirement Income Review
Tax

Retirement Income Review highlights ‘inequity’ issues with tax concessions,...

While the Retirement Income Review concluded that Australia’s retirement income system is effective, sound and broadly...
23 November 2020 • By Miranda Brownlee
BAS
Tax

Underreported BAS sales leads to 2.5 years in jail

A Queensland bricklayer will now face two-and-a-half years in jail after an ATO analysis of taxable payments reporting...
20 November 2020 • By Jotham Lian
ATO
Tax

ATO finalises SGC Part 7 penalty remission guidelines

The ATO has finalised its internal guidance on when it can remit the Part 7 penalty following the end of the...
20 November 2020 • By Jotham Lian