Tax

Tax

Common GST, property errors flagged for tax agents

The ATO has flagged some common errors in suppliers’ activity statements since the introduction of GST at settlement.

14 March 2019 • By Jotham Lian

more from tax

Tax

500 businesses set for surprise ATO visits

Up to 500 businesses in Tasmania can expect unannounced door knocks from the Tax Office this month, as the regulator...

13 March 2019 • By Jotham Lian

Tax

AAT disagrees with ATO on lump-sum assessment

The Administrative Appeals Tribunal has reviewed a decision by the Commissioner of Taxation which ruled that a...

12 March 2019 • By Miranda Brownlee

Tax

$1m penalties set to kick in for dodgy sales tools

Clients who possess electronic sales suppression tools will have just over three weeks to come clean before $1 million...

12 March 2019 • By Jotham Lian

Tax

New PAYG laws to place focus on on-time BAS lodgment

New laws denying a tax deduction to businesses who fail to comply with withholding obligations will place a focus on...

11 March 2019 • By Jotham Lian

Tax

Royal commission makes case for tax law simplification, says law firm

The royal commission should spur the government into reviewing how Australia’s tax laws can be simplified, argues one...

08 March 2019 • By Jotham Lian

Tax

ATO small biz treatment and debt recovery practices to undergo review

The Australian Small Business and Family Enterprise Ombudsman will review the ATO’s treatment of small businesses who...

08 March 2019 • By Jotham Lian

Tax

Tax agents and clients disagree over business practices: FBT review

A majority of tax agents believe that their clients’ business practices lead to higher FBT compliance costs, despite...

08 March 2019 • By Jotham Lian