Tax

Tax

Property deduction errors down to ‘lack of understanding’: ATO

A fundamental knowledge gap is continuing to trip property investors up, leading to simple mistakes and heaping...

31 January 2020 • By Jotham Lian

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Tax

Practitioners warned over Div 7A journal entry practices

Accountants have been urged to be careful when it comes to complying with rules governing the payment of a dividend by...

30 January 2020 • By Jotham Lian

Tax

14k employers, $230m in super: Financial Services Minister defends proposed SG...

Over 14,000 employers are set to come forward under the proposed SG amnesty, paying out a total of $230 million in...

30 January 2020 • By Jotham Lian

Tax

ATO issues call-out for tax dobbers

The ATO is calling on practitioners and their clients to continue dobbing in businesses suspected of taking part in...

29 January 2020 • By Reporter

Tax

ATO commences action on Australians embroiled in international tax evasion probe

Australia-based clients of an unnamed Central American bank will now come under the scrutiny of the ATO after an...

24 January 2020 • By Jotham Lian

Tax

Accountants urged to get clients on the front foot with late SG payments

The upcoming Australia Day long weekend could trip up employers with the late payment of superannuation, leaving them...

23 January 2020 • By Jotham Lian

Tax

Clients warned on discretionary trust amendments ahead of retrospective duty,...

Clients with discretionary trusts that hold or intend to hold residential land in New South Wales have been urged to...

23 January 2020 • By Jotham Lian

Tax

ATO sounds warning on FBT calculation method

The ATO has put business clients on alert over the use of the market value method in calculating car parking benefits...

22 January 2020 • By Jotham Lian