Tax

Tax

Single small business definition called for in Board of Taxation review

The government has been called to adopt a harmonised definition of a small business entity by adopting a standard $10...

23 December 2019 • By Jotham Lian

more from tax

Tax

Super bills in limbo as new year approaches

Tax practitioners are still waiting on a number of important pieces of legislation promised by the government as the...

18 December 2019 • By Sarah Kendell

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

Tax

CGT rollovers set for Board of Taxation review

The Board of Taxation will now undertake a review of capital gains tax rollover rules in a bid to simplify the...

16 December 2019 • By Jotham Lian

Tax

Tax transparency: The time for change is now

On 3 April 2016, the world woke up to revelations in the Süddeutsche Zeitung newspaper laying bare the murky use of...

13 December 2019 • By Judy Kuszewski, Global Reporting Initiative

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