Tax

Tax

New flexible business test for tax losses introduced

Businesses will be granted a greater deal of flexibility in working out whether its tax losses and net capital losses...

13 February 2019 • By Jotham Lian

more from tax

Tax

Restructuring trusts could trigger ‘murky taxes’

With some SMSFs looking to make changes to the trusts they invest in to ensure Labor’s proposed trust tax doesn’t...

11 February 2019 • By Miranda Brownlee

Tax

ATO moves towards self-assessment for RTP schedule

Tax advisers and their corporate clients will now have to self-assess to determine if they are required to lodge a...

11 February 2019 • By Jotham Lian

Tax

Court tosses out lodgment dodging argument after man tries to waive rights as...

The Bendigo Magistrates Court has convicted and fined a man $6,000 for failing to lodge six tax returns because he...

08 February 2019 • By Reporter

Tax

ACCC to take compliance action on franchisor disclosures

The ACCC will now scrutinise franchisors’ disclosures in the food services sector, including key financial costs, as...

08 February 2019 • By Jotham Lian

Tax

ATO set to grant tax relief for Townsville flood victims

The ATO will look to provide lodgment and payment extensions to taxpayers and their agents affected by the Townsville...

08 February 2019 • By Jotham Lian

Tax

ATO urged to go easy with TPRS extension

The ATO should allow each new industry covered by the taxable payments reporting system regime an opportunity to “come...

07 February 2019 • By Jotham Lian

Tax

Major software providers reveal cut-price STP product

MYOB and Xero have unveiled its single touch payroll solution for micro businesses ahead of the full passage of...

05 February 2019 • By Jotham Lian