iscover Tax
Tax
Federal Court paves way for taxpayer to argue ATO owes duty of care
The Federal Court has held that a taxpayer’s argument that the commissioner owes a duty of care is “reasonably...
17 July 2019 • By Jotham Lian
Tax
AASB proposes interim change for special-purpose financial statements
16 July 2019 • By Jotham Lian
Tax
TPB homes in on 350 high-risk practitioners
15 July 2019 • By Jotham Lian
more from tax
Tax
Practitioners warned of tax-time scams as losses rise to $2.8m in 2018
With over $2.8 million in reported losses attributed to tax-time scams last year, the ATO is urging practitioners to...
15 July 2019 • By Jotham Lian
Tax
No new policy on private rulings, says Tax Office
The ATO says it has not changed its policy to stop providing reasons in edited versions of private rulings after...
12 July 2019 • By Jotham Lian
Tax
ATO set to correct concessional lodgement due date
The ATO will update actual lodgement due dates for individual clients by the end of the month after a number of tax...
12 July 2019 • By Jotham Lian
Tax
‘Inappropriate use’ of myGov lodgements set for ATO scrutiny
The ATO has sent a warning to tax practitioners about using a client’s personal myGov account to lodge tax returns,...
11 July 2019 • By Jotham Lian
Tax
How to best manage an ATO audit: former deputy commissioner
Developing an early relationship with tax officers and reminding them of their obligations as set out in the...
10 July 2019 • By Jotham Lian
Tax
Lodgements spike by 88% as taxpayers ignore advice
Taxpayers have ignored the ATO’s calls to hold off on returns, with lodgements now 88 per cent higher than they were...
10 July 2019 • By Jotham Lian
Tax
‘Widespread misunderstanding’: Accountants cautioned on journal entries
Accountants have been cautioned from using accounting entries as a substitute for a transaction actually occurring,...
09 July 2019 • By Jotham Lian