Tax

Tax

Profession braces for tax time 2020 COVID-19 hotspots

Agents have been urged to be proactive as tax time 2020 approaches, with the ATO set to take a closer look at clients’...

20 May 2020 • By Jotham Lian

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Tax

Treasurer pushed to act on urgent tax policy issues

The Treasurer has been called to consider a raft of tax-related changes in light of the current economic downturn,...

19 May 2020 • By Jotham Lian

Tax

ATO cools tax debt approach amid crisis

The ATO’s “sympathetic and understanding” approach in a COVID-19 environment has started to translate to a promising...

18 May 2020 • By Jotham Lian

Tax

Division 7A minimum yearly repayment guidance inbound

Further Division 7A assistance is set to be announced after the ATO revealed that it would take a closer look at...

15 May 2020 • By Jotham Lian

Tax

Former ATO exec to lead tax policy at peak body

A former ATO second commissioner will now lead the tax policy agenda at the Tax Institute as it looks to consolidate...

14 May 2020 • By Jotham Lian

Tax

JobKeeper documentation ‘absolutely critical’ in ATO audit

Practitioners have been advised to keep contemporaneous documentation of their calculations and advice around the...

13 May 2020 • By Jotham Lian

Tax

Treasurer eyes tax reform amid ‘sobering’ economic data

Tax reform will feature heavily on the government’s agenda as it looks to dig Australia out of a “sobering” slump.

13 May 2020 • By Jotham Lian

Tax

‘While there is life, there is hope’: CPA escalates lodgement deferral fight

CPA Australia has refused to give up on hopes for further lodgement deferrals as it prepares a fresh case to take to...

12 May 2020 • By Jotham Lian