Tax

Peter Bembrick
Tax

Introducing standard deduction ‘not a high priority’

A standard deduction in place of the constantly misunderstood current $300 substantiation limit would be sensible, but...
31 May 2019 • By Jotham Lian

more from tax

Vincent Licciardi
Tax

Practitioners cautioned ahead of ATO’s CGT focus

The Tax Office’s ever-increasing data-matching capabilities means tax practitioners need to be pushing clients for...
29 May 2019 • By Jotham Lian
PwC KPMG BDO
Tax

PwC, KPMG, EY, BDO reveal ASIC’s audit findings

PwC, KPMG, EY and BDO have now revealed their firms’ audit results from ASIC’s audit inspection findings, amid...
29 May 2019 • By Jotham Lian
ATO
Tax

Government rules out GST changes following ATO report

The government has turned down suggestions that it is considering broadening the GST base, following reports that the...
27 May 2019 • By Jotham Lian
Ken Lord
Tax

On the back foot: Addressing the ATO’s debt collection powers

The tax debt collections powers granted to the ATO may put taxpayers on the back foot, says one tax barrister but...
27 May 2019 • By Jotham Lian
ATO
Tax

ATO rolls out agent, client visits on Sunshine Coast and Victoria

Tax agents and up to 1,600 small businesses along the Sunshine Coast and in Victoria can expect a potential visit from...
24 May 2019 • By Jotham Lian
Peter Bembrick
Tax

Tax Office publishes LCR on new business test

The ATO has now released its law companion ruling on the recently introduced ‘similar business test’, but advisers...
24 May 2019 • By Jotham Lian
Damian Ryan
Tax

Franking credit debate far from settled, says KPMG

The return of a Coalition government may have eased concerns around the franking credit debate, but the fiscal...
24 May 2019 • By Jotham Lian