Tax

Tax

ATO extends working-from-home shortcut method

The Tax Office has extended its simplified working-from-home deduction method for another three months in the new...

09 July 2020 • By Jotham Lian

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Tax

Tax watchdog highlights deceased estates tax burden

The ATO has responded to a review by the Inspector-General of Taxation investigating how the administrative strain...

08 July 2020 • By Miranda Brownlee

Tax

COVID-19 tax return spruikers move into regulator’s sights

Unregistered agents spruiking large tax refunds in light of COVID-19 are now being targeted as part of the Tax...

07 July 2020 • By Jotham Lian

Tax

ASIC flags COVID-19 financial reporting focus

Useful and meaningful disclosures and a focus on the reporting of asset values in light of COVID-19 will be crucial...

07 July 2020 • By Jotham Lian

Tax

JobKeeper, cash-flow boost delays dominate Inspector-General of Taxation...

Over 200 complaints around COVID-19 tax issues have now been raised with the Inspector-General of Taxation, as...

07 July 2020 • By Jotham Lian

Tax

Tough post-JobKeeper conversations needed now, warn tax professionals

Small businesses taking advantage of federal and state government stimulus measures will need to deal with the hard...

07 July 2020 • By Jotham Lian

Tax

‘Don’t go too hard, too early’: ATO cautioned as it eyes debt collection restart

The ATO is set to recommence its debt and lodgement intervention activities ahead of the “September cliff”, as the...

06 July 2020 • By Jotham Lian

Tax

Eligibility traps with second wave of early release payments

With the second round of early release of super payments now available, accountants have been cautioned that clients...

06 July 2020 • By Miranda Brownlee