Tax

Tax

ATO rolls out working-from-home deduction ‘shortcut’

A new, simplified method to calculate home office expenses at an increased rate of 80 cents per hour has now been...

07 April 2020 • By Jotham Lian

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Tax

ATO adopts ‘strict line’ on PAYG withholding deferrals

The ATO will now only consider deferring PAYG withholding for large businesses where there is a genuine risk of...

06 April 2020 • By Jotham Lian

Tax

Taxpayers cautioned on abusing ‘tax arbitrage’ of early super release

Taxpayers have been urged to reconsider applying for the early release of super to simply obtain tax benefits, with...

06 April 2020 • By Jotham Lian & Aidan Curtis

Tax

Commissioner faces lodgement deferral test

The joint accounting bodies have now written directly to the Commissioner of Taxation, calling for lodgement...

03 April 2020 • By Jotham Lian

Tax

ATO pushed on urgent guidance

The ATO has been called on to provide swift and extensive guidance on the government’s economic stimulus measures as...

03 April 2020 • By Jotham Lian

Tax

Franking credits ‘on the table’ to fund stimulus, says Geoff Wilson

Franking credits advocate Geoff Wilson believes the government will leave nothing off the table to fund its...

02 April 2020 • By Jotham Lian

Tax

Tax Office unmoved on SG amnesty deadline

The Tax Office has confirmed that it cannot change the deadline for the superannuation guarantee amnesty despite...

01 April 2020 • By Jotham Lian

Tax

Profession put on alert over ‘manufacturing’ cash-flow boost

The profession has been warned against “manufacturing” wage entitlements to obtain the government’s cash-flow boost...

26 March 2020 • By Jotham Lian