Tax

Tax

ATO wants to hold on to lifestyle assets data for longer

High-net-wealth clients have been placed on alert as the ATO seeks to extend the period it can retain data from...

07 June 2019 • By Jotham Lian

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Tax

Taxpayers cautioned against lodging early this year

Clients have been urged to refrain from lodging their tax returns early this year, with a number of new changes...

07 June 2019 • By Jotham Lian

Tax

ATO defers deadline after system outage

The ATO has now extended automatic relief to all tax professionals impacted by its major system outage earlier this...

07 June 2019 • By Reporter

Tax

Government pushed on stocktake of unenacted tax measures

The government has been urged to set out a roadmap detailing which tax policies and announcements it will revive or...

05 June 2019 • By Jotham Lian

Tax

TPB, ATO practitioner crackdown reels in $40m

Over $40 million in outstanding tax bills and 1,000 late SMSF returns owed by tax practitioners have now been...

04 June 2019 • By Jotham Lian

Tax

ATO fires warning ahead of tax time

The ATO has released a wide range of case studies of taxpayers cheating the tax system as it signals its hard-line...

03 June 2019 • By Jotham Lian

Tax

10% first STP submission fail rate: Employers urged to get in early

Accountants have been urged to get their small business clients onto Single Touch Payroll earlier rather than later to...

03 June 2019 • By Jotham Lian

Tax

Over $500k in tax fraud lands man 4.5 years jail time

A Brisbane businessman convicted of pocketing over $500,000 through GST and income tax fraudulent claims has been...

31 May 2019 • By Jotham Lian