Tax

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

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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

Tax

ATO sheds light on big 4 partner income

The ATO has revealed that big four partners earned a collective $7.6 billion in 2017, reassuring that the firms have...

28 March 2019 • By Jotham Lian

Tax

Employers hit with rolling SG audits as ATO toughens stance

Employers are increasingly being subjected to a rolling series of audits by the ATO where they slip behind on their SG...

28 March 2019 • By Miranda Brownlee

Tax

Low-value GST collection at 300% of forecasts

GST collection for low value imported goods is tracking at 300 per cent of forecasts, as overall GST collection...

28 March 2019 • By Reporter