Tax

Tax

ATO changes interpretation around commercial debt forgiveness rules

The ATO has taken a “complete backflip” with commercial debt forgiveness rules, with its draft tax determination...

08 October 2019 • By Jotham Lian

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Tax

Fraudulent tax scheme hits WA

The Kimberley communities have been targeted by a number of promoters of a fraudulent tax scheme, prompting warnings...

04 October 2019 • By Jotham Lian

Tax

ATO confirms ‘practical solution’ in the works for deceased information access

The Tax Office has confirmed a “legal impediment” preventing practitioners from accessing information relating to...

03 October 2019 • By Jotham Lian

Tax

Capital gains in sight as ATO data-matching grows

Accountants have been urged to take more care in ensuring clients disclose all possible sources of income, especially...

03 October 2019 • By Jotham Lian

Tax

Tax Commissioner granted access to protected documents in defamation defence

The Commissioner of Taxation has won a Federal Court case against his second commissioner, allowing him to obtain...

02 October 2019 • By Jotham Lian

Tax

ATO debt collection tactics to attract scrutiny

Accountants are taking aim at the heavy-handed tactics the ATO employs when collecting tax debt, claiming that...

02 October 2019 • By Maja Garaca Djurdjevic

Tax

ATO lines up ‘nudges’ in the wake of STP deadline

With Single Touch Payroll reporting now in force for all employers, the ATO has outlined how it will seek to promote...

01 October 2019 • By Jotham Lian

Tax

Tax agent’s ‘cavalier attitude’ leads to registration termination

A tax agent who demonstrated a cavalier attitude towards his own tax affairs and the incorrect preparation of over 500...

30 September 2019 • By Jotham Lian