Tax

Tax

Modified turnover test, ‘one in, all in’ amendments released

Treasurer Josh Frydenberg has now released details of the modified decline in turnover test for employer entities, and...

03 May 2020 • By Jotham Lian

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Tax

ATO’s ‘well-meaning’ JobKeeper GST guidance backfires

The ATO’s guidance over the use of a cash or accruals approach to calculating turnover in relation to the JobKeeper...

30 April 2020 • By Jotham Lian

Tax

Australia needs a competitive tax system post-COVID-19: BCA

Policymakers will need to consider if red tape that was suspended during the COVID-19 crisis is necessary...

29 April 2020 • By Aidan Curtis

Tax

AFP teams up with ATO, Treasury in COVID-19 tax fraud taskforce

The Treasury has confirmed that it will be working with the ATO and an Australian Federal Police taskforce in...

28 April 2020 • By Jotham Lian

Tax

Division 7A guidance hangs in the balance

The profession continues to wait on government clarification on the deferral of Division 7A amendments that were due...

28 April 2020 • By Jotham Lian

Tax

Land tax relief due for SA, WA landlords

Landlords in South Australia and Western Australia who provide rent relief for tenants could see a 25 per cent land...

28 April 2020 • By Aidan Curtis

Tax

Big four steps up with ‘largest pro bono’ tax offering amid COVID-19

A big four firm will now partner with the University of NSW to offer Australia’s “largest pro bono tax professional...

28 April 2020 • By Aidan Curtis

Tax

ATO extends initial JobKeeper payment deadline

Employers looking to enrol for the first two JobKeeper fortnights have now been granted a further extension of time to...

27 April 2020 • By Jotham Lian