Tax

Tax

ATO grants 2-month deferral in wake of bushfires

Taxpayers impacted by the recent catastrophic bushfires in New South Wales and Queensland will be granted a two-month...

19 November 2019 • By Jotham Lian

more from tax

Tax

‘Fallacy to think that a system can automate payroll’

Businesses have been warned against simply relying on software to identify and rectify payroll errors in the wake of a...

14 November 2019 • By Jotham Lian

Tax

‘The picture it paints is not completely true’: 80% of agent-prepared returns...

The ATO’s latest individuals tax gap report reveals that eight out of 10 tax agent-prepared returns required...

14 November 2019 • By Jotham Lian

Tax

Holiday season contractor spike triggers TPAR concern

Tax practitioners have been urged to keep an eye out for business clients using more cleaning or courier contractors...

13 November 2019 • By Jotham Lian

Tax

SG amnesty gets green light from Senate committee

The proposed SG amnesty has now inched forward after a parliamentary committee recommended that the bill be passed.

12 November 2019 • By Jotham Lian

Tax

GST complexities underestimated as 1 in 2 businesses self-lodge BAS

Close to one in two small businesses choose not to use a registered agent to lodge their business activity statements,...

11 November 2019 • By Jotham Lian

Tax

Commissioner called to explain changes to position on commercial debt...

The commissioner has been called to provide greater clarity over various circumstances dealing with its new...

11 November 2019 • By Jotham Lian

Tax

Risks abound in small business CGT exemption

Trustees looking to contribute proceeds of the sale of their business into their SMSF should be aware of the risks,...

11 November 2019 • By Sarah Kendell