Tax

Tax

MYEFO springs new ATO record-keeping course

The Commissioner of Taxation will soon be allowed to direct business owners to undertake an approved record-keeping...

17 December 2019 • By Jotham Lian

more from tax

Tax

ASIC puts firms on notice as audit quality falls

Overall audit quality, including those at the big four accounting firms, dropped this year despite greater scrutiny,...

13 December 2019 • By Jotham Lian

Tax

R&D review takes aim at advisers

The ATO and the Tax Practitioners Board should provide greater scrutiny over consultants providing R&D Tax Incentive...

13 December 2019 • By Jotham Lian

Tax

Large corporate tax receipts up by $6.6bn

An increase in large corporates paying tax and strong commodity prices saw a $6.6 billion increase in tax intake, the...

12 December 2019 • By Jotham Lian

Tax

Inquiry confirms ‘devastating impact’ of R&D clawbacks

The ATO and AusIndustry have been slammed for their administration of the R&D Tax Incentive, with a review...

12 December 2019 • By Adam Zuchetti

Tax

BDO responds to proposed tax incentive changes

BDO Australia has issued a statement following the federal government’s move to reintroduce draft legislation amending...

09 December 2019 • By Reporter

Tax

Over 50% of organisations falling short on lease accounting standards

A significant number of companies based in Australia and the wider APAC region are still working towards full...

09 December 2019 • By Reporter

Tax

Tax Institute calls for delay to enforcement of NALE rules

The Tax Institute has called for enforcement of changes to non-arm’s length expense (NALE) rules to be delayed until 1...

09 December 2019 • By Sarah Kendell