Tax

Tax

Huge spending boost for ATO’s tax compliance work

Over $1 billion will be pumped into the Tax Office to scrutinise tax avoidance schemes and strategies as the...

02 April 2019 • By Jotham Lian

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Tax

Prominent tax bills set to lapse as Parliament enters last 2 sitting days

The last two Senate sitting days will see a number of prominent tax bills, including the proposed SG amnesty, being...

02 April 2019 • By Jotham Lian

Tax

‘No action warranted’ until Labor provides CGT and negative gearing clarity,...

Labor’s proposed 1 January 2020 start date for its plan to restrict negative gearing and halve the capital gains tax...

01 April 2019 • By Jotham Lian

Tax

Government warned on delicate balancing act ahead of federal budget sweeteners

While the federal budget is set to announce further income tax cuts tomorrow, tax experts have warned that the...

01 April 2019 • By Jotham Lian

Tax

Illegal phoenix crackdown brings in $500m

Over $500 million has been raked in by the ATO as a result of audits of illegal phoenix operators since 2014, as the...

01 April 2019 • By Reporter

Tax

Labor confirms 1 January start date for negative gearing and CGT proposal

Labor has announced that it will implement its plan to restrict negative gearing to new investment properties and...

29 March 2019 • By Jotham Lian

Tax

Federal budget tipped to bring extra ATO funding, compliance activities

A standard deduction for work-related deductions is unlikely to materialise in an election year but taxpayers should...

29 March 2019 • By Jotham Lian

Tax

Director GST liability inches forward with Senate committee approval

A bill proposing to introduce new anti-phoenixing laws has been given the green light by a Senate committee, meaning...

29 March 2019 • By Jotham Lian