Tax

Tax

Tax and accounting alignment neither ‘feasible not desirable’, says tax board

The Board of Taxation has conceded that a broad-level alignment between the accounting and tax system within...

25 October 2018 • By Jotham Lian

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Tax

IGT clears ATO of fraud but recommends changes

The Inspector-General of Taxation has cleared the ATO of any systemic internal fraud or corruption, with several...

23 October 2018 • By Jotham Lian

Tax

‘More to learn’: ATO on payroll compliance fears

The ATO has committed to learn more about payroll process before using the incoming single touch payroll regime for...

22 October 2018 • By Jotham Lian

Tax

ATO court case leaves taxpayers in ‘awkward spot’

A recent federal court decision and subsequent refusal by the High Court to grant special leave to appeal leaves...

22 October 2018 • By Jotham Lian

Tax

‘No need to buy payroll software’: ATO fronts STP confusion

The Tax Office has confirmed that micro businesses will not be required to purchase payroll software to be compliant...

19 October 2018 • By Jotham Lian

Tax

Tax lawyer leaves his firm in new east coast venture

A tax lawyer has been recruited by a mid-tier law firm as it looks to support its growing east coast client base.

19 October 2018 • By Jotham Lian

Tax

Vacant land tax reform legislation released

The government has released a draft legislation that will limit deductions for expenses associated with holding vacant...

18 October 2018 • By Miranda Brownlee

Tax

AASB called to stick with current disclosure framework

The Australian Accounting Standards Board has been urged to not “reinvent the wheel” and rely on the current reduced...

18 October 2018 • By Jotham Lian