Tax

Tax

STP for small biz gets 3-month buffer

The ATO will grant a buffer period of three months for small businesses to comply with the newly legislated extension...

14 February 2019 • By Jotham Lian

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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

Tax

STP to cover all businesses as legislation passes

The extension of Single Touch Payroll to employers with 19 or fewer employees has finally passed both houses today,...

12 February 2019 • By Jotham Lian

Tax

Tax agent, taxpayer satisfaction with ATO drops

The tax office believes its performance as a regulator remains “good” despite showing a decline in community...

12 February 2019 • By Jotham Lian

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