Tax

Tax

Can STP solve Australia’s underpayment woes? The ASBFEO thinks so

A novel proposal to incorporate modern awards into the ATO’s new payroll reporting system has been flagged as a way to...

21 November 2019 • By Jotham Lian and Adam Zuchetti

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Tax

Housing inequality could ignite the death tax debate

The growing trend of housing inequality could again ignite debate around a purported need to reinstate a death tax in...

20 November 2019 • By Grace Ormsby

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

Tax

What is the ATO’s stance on discounts for cash?

With the ATO cracking down on undeclared cash transactions, many businesses want to know: what is its stance on...

18 November 2019 • By Adam Zuchetti

Tax

$21m tax scheme forces ATO to make system changes

The Tax Office says it has now implemented changes to its system to prevent large-scale tax fraud, such as the Western...

15 November 2019 • By Jotham Lian

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