Tax

Tax

Taxation Ombudsman laments funding constraints

The Inspector-General of Taxation and Taxation Ombudsman has detailed its plans to revitalise its taxpayers complaints...

30 August 2019 • By Jotham Lian

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Tax

Horses for courses: Practitioners urged to review ‘unnecessarily complex’...

Unnecessarily complex business structures are causing taxpayers to slip up with their tax obligations, with tax...

29 August 2019 • By Jotham Lian

Tax

Audit activity set to intensify in the wake of small biz tax gap revelation

The government’s crackdown on the black economy is set to intensify in the wake of the small business tax gap report,...

28 August 2019 • By Jotham Lian

Tax

Tax debt disclosure plan set to impact 5,000 businesses, ATO reveals

Around 5,000 businesses will potentially be impacted by the government’s proposal to allow the disclosure of business...

28 August 2019 • By Jotham Lian

Tax

Tax Office drills in on foreign income focus

The Tax Office has repeated its focus on foreign income this tax time, warning practitioners that they may be...

27 August 2019 • By Jotham Lian

Tax

Last chance saloon for large employers as STP penalties kick in

Final warning letters are now being sent to substantial employers to inform them of the need to start reporting...

27 August 2019 • By Jotham Lian

Tax

ATO finds billions in tax is unpaid by small biz, fires warning shots at...

Black economy behaviour is contributing heavily towards the $11.1 billion small business tax gap, making it over six...

27 August 2019 • By Jotham Lian

Tax

ATO to refine tax practitioner risk model amid black economy crackdown

The ATO will develop a holistic tax practitioner risk model to identify agents who are potentially facilitating black...

26 August 2019 • By Jotham Lian